| BL latest price $65.4900 (3.05%) ($65.4900 - $65.4900) on Tue. Nov. 15, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.53% (three month average) |
RSI | 62 |
Latest Price | $65.4900(3.05%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL advances 3.4% a day on average for past five trading days. |
Weekly Trend | BL advances 6.1% 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) IVW(57%) IWF(57%) IWO(57%) IWM(55%) QQQ(55%) |
Factors Impacting BL price | BL will decline at least -2.265% in a week (0% probabilities). UUP(-16%) TBT(-13%) VXX(-9%) VIXM(-8%) UNG(1%) |
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 | -2.265% (StdDev 4.53%) |
Hourly BBV | 0.6 () |
Intraday Trend | 0% |
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