| BL latest price $72.0800 (9.26%) ($66.8600 - $72.0800) on Fri. May. 20, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.55% (three month average) |
RSI | 54 |
Latest Price | $72.0800(9.26%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL advances 4.4% a day on average for past five trading days. |
Weekly Trend | BL advances 0.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support BL advance at 0% a week (0% probability) IWO(61%) IWM(58%) IVW(57%) IWF(57%) IBUY(56%) |
Factors Impacting BL price | BL will decline at least -1.775% in a week (0% probabilities). UUP(-30%) VIXM(-24%) TBT(-15%) VXX(-9%) UNG(9%) |
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 | -1.775% (StdDev 3.55%) |
Hourly BBV | 1.6 () |
Intraday Trend | 0% |
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