| BL latest price $56.9500 (-0.25%) ($56.5300 - $58.1100) on Wed. Sep. 26, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.98% (three month average) |
RSI | 60 |
Latest Price | $56.9500(-0.25%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL advances 0.9% a day on average for past five trading days. |
Weekly Trend | BL advances 1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off 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 -0.99% in a week (0% probabilities). VXX(-14%) VIXM(-12%) UUP(-12%) GDXJ(-3%) TBT(-2%) |
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 | -0.99% (StdDev 1.98%) |
Hourly BBV | 0 () |
Intraday Trend | -1.1% |
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