| BL latest price $54.8600 (0.81%) ($52.4100 - $55.2600) on Mon. Apr. 13, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.64% (three month average) |
RSI | 62 |
Latest Price | $54.8600(0.81%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL advances 2.1% a day on average for past five trading days. |
Weekly Trend | BL advances 2.5% a week on average for past two weeks. |
Market Behavior | Value stocks 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(65%) IPO(63%) IWF(61%) IBUY(60%) IVW(59%) |
Factors Impacting BL price | BL will decline at least -2.32% in a week (0% probabilities). VIXM(-32%) UUP(-27%) VXX(-16%) TBT(-10%) IGOV(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 | -2.32% (StdDev 4.64%) |
Hourly BBV | 0 () |
Intraday Trend | 2.3% |
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