| BL latest price $127.2000 (2.75%) ($124.0100 - $127.2300) on Tue. Dec. 15, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.73% (three month average) |
RSI | 72 |
Latest Price | $127.2000(2.75%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL advances 0.4% a day on average for past five trading days. |
Weekly Trend | BL advances 2.7% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support BL advance at 0% a week (0% probability) IWO(64%) SKYY(64%) IPO(62%) IWF(62%) IBUY(61%) |
Factors Impacting BL price | BL will decline at least -1.365% 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 | -1.365% (StdDev 2.73%) |
Hourly BBV | 0 () |
Intraday Trend | 1.9% |
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