| BL latest price $65.7100 (3.27%) ($65.7100 - $66.0800) on Tue. Mar. 21, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.36% (three month average) |
RSI | 41 |
Latest Price | $65.7100(3.27%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL advances 0.9% a day on average for past five trading days. |
Weekly Trend | BL declines -2.5% 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(62%) BOTZ(55%) ARKG(50%) BLOK(47%) ACES(41%) |
Factors Impacting BL price | BL will decline at least -1.18% in a week (0% probabilities). VXX(-24%) VIXM(-20%) TIP(-16%) IGOV(-13%) SHY(-12%) |
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 | -1.18% (StdDev 2.36%) |
Hourly BBV | 0.6 () |
Intraday Trend | 0% |
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