| BL latest price $113.8400 (1.8%) ($113.8400 - $113.8400) on Fri. Jul. 2, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.71% (three month average) |
RSI | 70 |
Latest Price | $113.8400(1.8%) |
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 2.9% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support BL advance at 0% a week (0% probability) IWO(64%) SKYY(63%) IBUY(62%) IWF(62%) IPO(61%) |
Factors Impacting BL price | BL will decline at least -0.855% in a week (0% probabilities). VIXM(-35%) UUP(-28%) VXX(-14%) TBT(-9%) IGOV(-3%) |
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 | -0.855% (StdDev 1.71%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0% |
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