BBBL BondBloxx BBB Rated 10+ Yr Corp Bd ETF Forecast, Technical & Fundamental Analysis
BBBL's Stochastic Oscillator is staying in oversold zone for 2 days
Be on the lookout for a price bounce soon.
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Indicator demonstrates that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.
Bearish Trend Analysis
Following a 3-day decline, the stock is projected to fall further. Considering past instances where BBBL declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for BBBL entered a downward trend on January 08, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
General Information
Category LongTermBond
BBBL and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, BBBL has been closely correlated with VCLT. These tickers have moved in lockstep 94% of the time. This A.I.-generated data suggests there is a high statistical probability that if BBBL jumps, then VCLT could also see price increases.
| Ticker / NAME | Correlation To BBBL | 1D Price Change % | ||
|---|---|---|---|---|
| BBBL | 100% | -0.10% | ||
| VCLT - BBBL | 94% Closely correlated | +0.20% | ||
| SPLB - BBBL | 94% Closely correlated | +0.31% | ||
| IGLB - BBBL | 94% Closely correlated | +0.22% | ||
| BLV - BBBL | 93% Closely correlated | +0.28% | ||
| ILTB - BBBL | 93% Closely correlated | +0.31% |