| BL latest price $89.6300 (-0.77%) ($89.3153 - $91.5500) on Wed. Sep. 30, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.29% (three month average) |
RSI | 63 |
Latest Price | $89.6300(-0.77%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL advances 1.2% a day on average for past five trading days. |
Weekly Trend | BL advances 4.7% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support BL advance at 0% a week (0% probability) SKYY(63%) IPO(62%) IWO(62%) IBUY(61%) IWF(61%) |
Factors Impacting BL price | BL will decline at least -1.645% in a week (0% probabilities). VIXM(-32%) UUP(-27%) VXX(-15%) TBT(-13%) IGOV(-5%) |
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 | -1.645% (StdDev 3.29%) |
Hourly BBV | 0 () |
Intraday Trend | -1.1% |
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