| BL latest price $75.5950 (-2.73%) ($75.0700 - $77.6300) on Fri. Aug. 21, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.97% (three month average) |
RSI | 28 |
Latest Price | $75.5950(-2.73%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL advances 0.7% a day on average for past five trading days. |
Weekly Trend | BL declines -7.2% a week on average for past two weeks. |
Market Behavior | Growth stock rally 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%) IWO(62%) IBUY(61%) IWF(61%) |
Factors Impacting BL price | BL will decline at least -1.485% in a week (0% probabilities). VIXM(-31%) UUP(-26%) VXX(-15%) TBT(-12%) EDOC(-1%) |
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 | -1.485% (StdDev 2.97%) |
Hourly BBV | 0 () |
Intraday Trend | -2.6% |
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