| BL latest price $73.8500 (2.8%) ($71.3700 - $74.7100) on Wed. Feb. 1, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.07% (three month average) |
RSI | 54 |
Latest Price | $73.8500(2.8%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL advances 1.9% a day on average for past five trading days. |
Weekly Trend | BL advances 1.1% 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) ARKK(61%) BOTZ(55%) ARKG(52%) BLOK(48%) IWO(44%) |
Factors Impacting BL price | BL will decline at least -2.035% in a week (0% probabilities). VIXM(-24%) SHY(-16%) TIP(-15%) TLT(-10%) GLD(-10%) |
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 | -2.035% (StdDev 4.07%) |
Hourly BBV | 2.7 () |
Intraday Trend | 0% |
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