| BL latest price $55.4400 (1.84%) ($53.7000 - $55.8000) on Thu. Sep. 20, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.12% (three month average) |
RSI | 63 |
Latest Price | $55.4400(1.84%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL advances 0.4% a day on average for past five trading days. |
Weekly Trend | BL advances 1.9% 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 -1.06% in a week (0% probabilities). VXX(-14%) VIXM(-12%) UUP(-12%) IFRA(-5%) GDXJ(-3%) |
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 | -1.06% (StdDev 2.12%) |
Hourly BBV | 0 () |
Intraday Trend | 1.5% |
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