| BL latest price $65.3050 (6.26%) ($65.3050 - $65.3050) on Tue. Oct. 4, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.55% (three month average) |
RSI | 37 |
Latest Price | $65.3050(6.26%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL advances 3.2% a day on average for past five trading days. |
Weekly Trend | BL declines -4.2% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support BL advance at 0% a week (0% probability) IWO(57%) IVW(56%) IWM(56%) IWF(55%) SPY(55%) |
Factors Impacting BL price | BL will decline at least -1.775% in a week (0% probabilities). UUP(-31%) TBT(-17%) VIXM(-13%) VXX(-9%) EDOC(2%) |
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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