| BL latest price $48.4800 (-7.66%) ($48.4800 - $48.4800) on Wed. Aug. 9, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.45% (three month average) |
RSI | 31 |
Latest Price | $48.4800(-7.66%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL declines -2.4% a day on average for past five trading days. |
Weekly Trend | BL declines -3.1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support BL advance at 0% a week (0% probability) GLD(86%) DIA(67%) IVW(67%) SPY(67%) IVE(66%) |
Factors Impacting BL price | BL will decline at least -1.225% in a week (0% probabilities). VXX(-67%) VIXM(-64%) UUP(-22%) TBT(-15%) USO(-5%) |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.225% (StdDev 2.45%) |
Hourly BBV | -1.8 () |
Intraday Trend | 0% |
| |
|
|