| BL latest price $79.0000 (1.58%) ($76.6900 - $79.2900) on Wed. Jun. 3, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.72% (three month average) |
RSI | 98 |
Latest Price | $79.0000(1.58%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL advances 2.5% a day on average for past five trading days. |
Weekly Trend | BL advances 9.6% a week on average for past two weeks. |
Market Behavior | Value stock 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(64%) IPO(62%) IWF(61%) IBUY(60%) IWO(60%) |
Factors Impacting BL price | BL will decline at least -2.36% in a week (0% probabilities). VIXM(-32%) UUP(-27%) VXX(-15%) TBT(-12%) IYT(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 | -2.36% (StdDev 4.72%) |
Hourly BBV | 0 () |
Intraday Trend | 1% |
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