| BL latest price $106.7200 (-2%) ($106.7200 - $106.7200) on Thu. Aug. 26, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.26% (three month average) |
RSI | 31 |
Latest Price | $106.7200(-2%) |
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 -2.2% a week on average for past two weeks. |
Market Behavior | Broad based sell-off 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 -0.63% in a week (0% probabilities). VIXM(-35%) UUP(-29%) VXX(-14%) TBT(-9%) 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 | -0.63% (StdDev 1.26%) |
Hourly BBV | -2 () |
Intraday Trend | 0% |
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