| BL latest price $39.5500 (2.36%) ($38.4500 - $39.7400) on Mon. Mar. 26, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.71% (three month average) |
RSI | 30 |
Latest Price | $39.5500(2.36%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL advances 0.6% a day on average for past five trading days. |
Weekly Trend | BL declines -5.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support BL advance at 0% a week (0% probability) SKYY(61%) IBUY(56%) IWF(56%) IWO(56%) QQQ(56%) |
Factors Impacting BL price | BL will decline at least -1.355% in a week (0% probabilities). VIXM(-13%) UUP(-11%) GDXJ(-2%) TBT(-1%) SHY(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.355% (StdDev 2.71%) |
Hourly BBV | 0 () |
Intraday Trend | 1.1% |
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