| BL latest price $88.8600 (-3.1%) ($88.8600 - $91.7100) on Wed. Feb. 2, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.26% (three month average) |
RSI | 38 |
Latest Price | $88.8600(-3.1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL advances 1.2% a day on average for past five trading days. |
Weekly Trend | BL declines -0.7% 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(65%) IWF(62%) IWM(62%) SKYY(62%) IBUY(61%) |
Factors Impacting BL price | BL will decline at least -1.13% in a week (0% probabilities). VIXM(-34%) UUP(-30%) VXX(-12%) TBT(-11%) EDOC(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 | -1.13% (StdDev 2.26%) |
Hourly BBV | -1.4 () |
Intraday Trend | 0% |
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