| BL latest price $54.5800 (1.41%) ($54.5800 - $54.5800) on Mon. Jun. 26, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.62% (three month average) |
RSI | 46 |
Latest Price | $54.5800(1.41%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL advances 0.3% 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 | Growth stock sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support BL advance at 0% a week (0% probability) IVW(68%) SPY(66%) IVE(62%) SKYY(61%) BOTZ(59%) |
Factors Impacting BL price | BL will decline at least -1.31% in a week (0% probabilities). VXX(-58%) VIXM(-50%) UUP(-26%) EDOC(-22%) TBT(-18%) |
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 | -1.31% (StdDev 2.62%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0% |
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