| BL latest price $125.2100 (1.44%) ($125.2100 - $125.2100) on Mon. Oct. 18, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.6% (three month average) |
RSI | 65 |
Latest Price | $125.2100(1.44%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL advances 1.4% a day on average for past five trading days. |
Weekly Trend | BL advances 2.2% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Normal 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 -0.8% in a week (0% probabilities). VIXM(-35%) UUP(-29%) 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 | -0.8% (StdDev 1.6%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0% |
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