| BL latest price $122.3700 (2.67%) ($118.5550 - $122.3700) on Wed. Oct. 13, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.62% (three month average) |
RSI | 47 |
Latest Price | $122.3700(2.67%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL advances 0.9% a day on average for past five trading days. |
Weekly Trend | BL declines -0.8% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support BL advance at 0% a week (0% probability) IWO(65%) SKYY(63%) IBUY(62%) IWF(62%) IWM(62%) |
Factors Impacting BL price | BL will decline at least -0.81% in a week (0% probabilities). VIXM(-35%) UUP(-28%) VXX(-13%) TBT(-10%) IGOV(-4%) |
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 | -0.81% (StdDev 1.62%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0% |
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