| BL latest price $74.8600 (-5.24%) ($73.6550 - $79.9500) on Thu. Jun. 4, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.74% (three month average) |
RSI | 86 |
Latest Price | $74.8600(-5.24%) |
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 8.8% 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(64%) IPO(62%) IWF(61%) IBUY(60%) IWO(60%) |
Factors Impacting BL price | BL will decline at least -2.37% in a week (0% probabilities). VIXM(-32%) UUP(-27%) VXX(-15%) TBT(-12%) 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 | -2.37% (StdDev 4.74%) |
Hourly BBV | 0 () |
Intraday Trend | -4.2% |
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