| BL latest price $66.6100 (-2.85%) ($66.6100 - $66.6100) on Thu. Jan. 5, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.41% (three month average) |
RSI | 34 |
Latest Price | $66.6100(-2.85%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL advances 0.6% a day on average for past five trading days. |
Weekly Trend | BL advances 0.1% 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(48%) IVE(46%) IWF(46%) IWM(46%) IWC(45%) |
Factors Impacting BL price | BL will decline at least -2.205% in a week (0% probabilities). SHY(-12%) VXX(-9%) VWO(-9%) URA(-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 | -2.205% (StdDev 4.41%) |
Hourly BBV | -1.5 () |
Intraday Trend | 0% |
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