| BL latest price $45.5900 (0.35%) ($44.3100 - $45.6000) on Wed. Oct. 17, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.54% (three month average) |
RSI | 27 |
Latest Price | $45.5900(0.35%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL advances 1.2% a day on average for past five trading days. |
Weekly Trend | BL declines -9.9% a week on average for past two weeks. |
Market Behavior | Normal 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 -1.27% in a week (0% probabilities). VXX(-14%) VIXM(-12%) UUP(-12%) DIA(-3%) TBT(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.27% (StdDev 2.54%) |
Hourly BBV | 0 () |
Intraday Trend | 1% |
| |
|
|