| BL latest price $84.8300 (7.93%) ($76.0800 - $87.4500) on Thu. Aug. 27, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.15% (three month average) |
RSI | 57 |
Latest Price | $84.8300(7.93%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL advances 1.9% a day on average for past five trading days. |
Weekly Trend | BL advances 1.8% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally 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 -1.575% 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 | -1.575% (StdDev 3.15%) |
Hourly BBV | 0 () |
Intraday Trend | 7.5% |
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