| BL latest price $60.0800 (-0.36%) ($60.0800 - $60.0800) on Fri. Sep. 30, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.5% (three month average) |
RSI | 20 |
Latest Price | $60.0800(-0.36%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL advances 0.7% a day on average for past five trading days. |
Weekly Trend | BL declines -8.7% 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(57%) IVW(56%) IWF(56%) IWM(56%) QQQ(55%) |
Factors Impacting BL price | BL will decline at least -1.75% in a week (0% probabilities). UUP(-32%) TBT(-17%) VIXM(-14%) VXX(-9%) EDOC(7%) |
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 | -1.75% (StdDev 3.5%) |
Hourly BBV | 0.8 () |
Intraday Trend | 0% |
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