| BL latest price $62.5300 (-0.92%) ($62.5300 - $63.5200) on Mon. Nov. 28, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.46% (three month average) |
RSI | 61 |
Latest Price | $62.5300(-0.92%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL advances 0.7% a day on average for past five trading days. |
Weekly Trend | BL advances 2.2% 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(51%) IWF(50%) IWM(49%) SPY(49%) IVE(48%) |
Factors Impacting BL price | BL will decline at least -2.23% in a week (0% probabilities). VXX(-9%) VIXM(-6%) TBT(-6%) SHY(-6%) UUP(-3%) |
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 | -2.23% (StdDev 4.46%) |
Hourly BBV | 0.1 () |
Intraday Trend | 0% |
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