| BL latest price $54.7500 (2.82%) ($52.4170 - $55.0400) on Wed. Aug. 7, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.71% (three month average) |
RSI | 61 |
Latest Price | $54.7500(2.82%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL advances 4.1% a day on average for past five trading days. |
Weekly Trend | BL advances 4.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support BL advance at 0% a week (0% probability) SKYY(60%) IPO(59%) IBUY(55%) IWF(55%) IWO(55%) |
Factors Impacting BL price | BL will decline at least -2.355% in a week (0% probabilities). VIXM(-36%) VXX(-19%) UUP(-15%) IFRA(-7%) TBT(-4%) |
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 | -2.355% (StdDev 4.71%) |
Hourly BBV | 0 () |
Intraday Trend | 4% |
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