| BL latest price $120.8600 (-3.32%) ($119.4500 - $126.0000) on Wed. Dec. 9, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.72% (three month average) |
RSI | 74 |
Latest Price | $120.8600(-3.32%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL advances 0.3% a day on average for past five trading days. |
Weekly Trend | BL advances 4.9% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support BL advance at 0% a week (0% probability) IWO(64%) SKYY(64%) IPO(62%) IBUY(61%) IWF(61%) |
Factors Impacting BL price | BL will decline at least -1.36% in a week (0% probabilities). VIXM(-34%) UUP(-27%) VXX(-15%) TBT(-12%) 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 | -1.36% (StdDev 2.72%) |
Hourly BBV | 0 () |
Intraday Trend | -3.3% |
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