| BL latest price $119.0250 (0.3%) ($119.0250 - $119.0250) on Fri. Apr. 16, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3% (three month average) |
RSI | 75 |
Latest Price | $119.0250(0.3%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL advances 1.1% a day on average for past five trading days. |
Weekly Trend | BL advances 4.2% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support BL advance at 0% a week (0% probability) IWO(64%) SKYY(64%) IBUY(62%) IWF(62%) IPO(61%) |
Factors Impacting BL price | BL will decline at least -1.5% in a week (0% probabilities). VIXM(-34%) UUP(-28%) VXX(-14%) TBT(-10%) IGOV(-2%) |
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 | -1.5% (StdDev 3%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0% |
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