| BL latest price $63.3200 (-2.28%) ($63.3200 - $65.6800) on Tue. May. 12, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.77% (three month average) |
RSI | 64 |
Latest Price | $63.3200(-2.28%) |
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 4.3% 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(64%) IPO(62%) IWF(61%) IBUY(60%) IWO(60%) |
Factors Impacting BL price | BL will decline at least -2.385% in a week (0% probabilities). VIXM(-32%) UUP(-27%) VXX(-15%) TBT(-11%) IGOV(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 | -2.385% (StdDev 4.77%) |
Hourly BBV | 0 () |
Intraday Trend | -2.9% |
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