| BL latest price $59.4800 (4.44%) ($56.5500 - $59.4800) on Wed. Aug. 30, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.47% (three month average) |
RSI | 77 |
Latest Price | $59.4800(4.44%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL advances 2.5% a day on average for past five trading days. |
Weekly Trend | BL advances 4.4% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support BL advance at 0% a week (0% probability) IVE(88%) JNK(78%) HYG(76%) GDXJ(72%) BOTZ(70%) |
Factors Impacting BL price | BL will decline at least -1.235% in a week (0% probabilities). TBT(-41%) UUP(-37%) XBI(-20%) USO(-15%) XOP(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 | -1.235% (StdDev 2.47%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0% |
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