| BL latest price $53.5600 (-2.49%) ($53.5600 - $53.5600) on Fri. May. 19, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.64% (three month average) |
RSI | 44 |
Latest Price | $53.5600(-2.49%) |
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 0.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support BL advance at 0% a week (0% probability) ARKK(55%) BOTZ(53%) ARKG(42%) BLOK(40%) ACES(35%) |
Factors Impacting BL price | BL will decline at least -1.32% in a week (0% probabilities). VXX(-13%) VIXM(-10%) IGOV(-8%) TIP(-6%) EMHY(-6%) |
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 | -1.32% (StdDev 2.64%) |
Hourly BBV | -0.7 () |
Intraday Trend | 0% |
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