| BL latest price $55.2600 (-0.05%) ($53.5800 - $55.2600) on Mon. Jun. 5, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.83% (three month average) |
RSI | 55 |
Latest Price | $55.2600(-0.05%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL advances 1.6% a day on average for past five trading days. |
Weekly Trend | BL declines -0.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support BL advance at 0% a week (0% probability) BOTZ(54%) ARKK(50%) ARKG(38%) ACES(36%) BLOK(34%) |
Factors Impacting BL price | BL will decline at least -1.415% in a week (0% probabilities). IGOV(-14%) VWO(-11%) SHY(-11%) KWEB(-11%) FXI(-11%) |
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 | -1.415% (StdDev 2.83%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0% |
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