| BL latest price $75.3500 (0.09%) ($74.9900 - $75.3500) on Tue. Mar. 1, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.2% (three month average) |
RSI | 34 |
Latest Price | $75.3500(0.09%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL advances 1.6% a day on average for past five trading days. |
Weekly Trend | BL declines -7.6% 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%) IWM(62%) SKYY(61%) IBUY(60%) IVW(60%) |
Factors Impacting BL price | BL will decline at least -1.6% in a week (0% probabilities). VIXM(-30%) UUP(-30%) TBT(-15%) VXX(-10%) UNG(8%) |
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 | -1.6% (StdDev 3.2%) |
Hourly BBV | 1 () |
Intraday Trend | 0% |
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