| BL latest price $54.8500 (-0.74%) ($54.8500 - $54.8500) on Tue. Jun. 6, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.81% (three month average) |
RSI | 58 |
Latest Price | $54.8500(-0.74%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL advances 1.8% a day on average for past five trading days. |
Weekly Trend | BL advances 0.7% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally 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 -1.405% 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 | -1.405% (StdDev 2.81%) |
Hourly BBV | 0.1 () |
Intraday Trend | 0% |
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