| BL latest price $128.8700 (1.35%) ($128.8700 - $128.8700) on Thu. Jan. 14, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.65% (three month average) |
RSI | 36 |
Latest Price | $128.8700(1.35%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL advances 0.2% a day on average for past five trading days. |
Weekly Trend | BL declines -2.5% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off 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 -1.325% in a week (0% probabilities). VIXM(-34%) UUP(-28%) VXX(-15%) TBT(-12%) IGOV(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.325% (StdDev 2.65%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0% |
| |
|
|