| BL latest price $55.6600 (0.69%) ($55.2000 - $55.9900) on Mon. Jan. 13, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.56% (three month average) |
RSI | 69 |
Latest Price | $55.6600(0.69%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL advances 0.7% a day on average for past five trading days. |
Weekly Trend | BL advances 2.4% 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(65%) IPO(63%) IBUY(60%) IWO(60%) IWF(59%) |
Factors Impacting BL price | BL will decline at least -0.78% in a week (0% probabilities). VIXM(-38%) VXX(-20%) UUP(-17%) TBT(-4%) TLT(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 | -0.78% (StdDev 1.56%) |
Hourly BBV | 0 () |
Intraday Trend | 0.7% |
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