Trading Signals: BL Stock Price Prediction and Forecast

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Fri. May. 8, 2020

Trading Signals: BL Stock Price Prediction and Forecast (Fri. Oct. 28, 2016 - Wed. Sep. 27, 2023)

(BlackLine)
BL latest price $63.9700 (0.58%) ($62.9150 - $65.0000) on Fri. May. 8, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   4.72% (three month average)
RSI   61
Latest Price   $63.9700(0.58%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   BL advances 1.4% a day on average for past five trading days.
Weekly Trend   BL advances 3.1% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support BL advance at 0% a week (0% probability)
SKYY(64%)    IPO(62%)    IWF(61%)    IBUY(60%)    IVW(59%)
Factors Impacting BL price   BL will decline at least -2.36% in a week (0% probabilities).
VIXM(-32%)    UUP(-27%)    VXX(-15%)    TBT(-11%)    IGOV(2%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -2.36% (StdDev 4.72%)
Hourly BBV 0 ()
Intraday Trend 0.8%

5 Day Moving Average   $61.46(4.08%)
10 Day Moving Average   $60.55(5.65%)
20 Day Moving Average   $59.08(8.28%)
To recent high   -6.9%
To recent low   50.9%
Market Cap   $38.743b

$. BL price fluctuates within 3.91% (three month std-dev: 4.72%) daily (68% of days).

Sample size 22 Average positive next day return: 1.19%(45%) Average negative next day return: -2.3%(55%) Sample size 22 Average positive next three day return: 1.36%(45%) Average negative next three day return: -2.87%(55%) Sample size 22 Average positive next weekly return: 2.5%(36%) Average negative next weekly return: -2.36%(64%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20200608

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	May_8_2020	57.63	59.08	60.55	61.46	62.06	63.36	63.97(0.58%)	UT	OpenLong	75	1.1	30	180	24	49	0.54	50%	0.21	102	4.72%	0	2.1	61	2
2	May_7_2020	57.51	58.6	60	60.59	60.78	62.4	63.6(3.41%)	UT	OpenLong	75	1.4	30	200	26	40	0.6	50%	0.21	106.1	4.76%	0	2.3	60	1.4
3	May_6_2020	57.39	58.09	59.48	60.02	59.98	60.75	61.5(0.74%)	UT	OpenLong	75	0.7	26	90	23	34	0.52	50%	0.19	111.4	4.74%	0	1.6	59	0.8
4	May_5_2020	57.28	57.61	59.1	59.62	59.51	59.16	61.05(6.81%)	UT	OpenLong	75	0.6	11	-50	6	25	0.94	49%	0.17	92.8	4.74%	0	1.4	60	1.1
5	May_4_2020	57.18	57.16	58.6	58.88	59.31	59.2	57.16(-4.19%)	CR	SmallShort	-20	-0.7	-7	10	-12	8	0.64	47%	0.14	78.1	4.68%	0	0	54	0.5

6	May_1_2020	57.1	56.82	58.75	59.46	59.38	59.86	59.66(-1.78%)	UD	OpenLong	75	0.1	12	50	6	30	0.83	47%	0.19	66.7	4.63%	0	0.9	65	0.4
7	Apr_30_2020	56.99	56.34	58.63	59.26	59.45	59.42	60.74(2.08%)	UT	OpenLong	75	0.5	18	10	11	39	0.82	48%	0.18	53.4	4.62%	0	1.3	70	1.3
8	Apr_29_2020	56.89	55.81	58.33	58.86	59.11	58.89	59.5(3.75%)	UT	HoldLong	50	0.2	7	-10	-3	38	0.56	48%	0.16	52.8	4.62%	0	1.1	70	1.7
9	Apr_28_2020	56.8	55.46	58.09	58.52	59	59.49	57.35(-4.5%)	UD	OpenLong	75	-0.4	17	80	6	51	0.7	49%	0.11	54.9	4.6%	0	0.6	72	1.2
10	Apr_27_2020	56.74	55.25	58.03	58.24	58.61	59.32	60.05(2.33%)	UT	HoldLong	65	0.5	29	100	17	63	0.35	48%	0.14	58.5	4.57%	0	1.5	79	1.4

11	Apr_24_2020	56.66	54.87	57.52	57.92	57.69	58.51	58.68(-0.07%)	UD	OpenLong	75	0.2	22	90	7	68	0.22	48%	0.12	69.2	4.58%	0	1.2	82	0.9
12	Apr_23_2020	56.59	54.65	57.11	57.91	57.61	57.91	58.72(1.56%)	UT	HoldLong	65	0.3	30	20	12	83	0.36	48%	0.12	82.3	4.58%	0	1.4	80	0.4
13	Apr_22_2020	56.52	54.08	56.61	57.75	57.65	56.88	57.82(3.36%)	UD	OpenLong	65	0	18	-100	-4	85	0.38	48%	0.11	80.7	4.58%	0	1.2	78	0.3
14	Apr_21_2020	56.46	53.7	56.01	57.61	57.75	57.32	55.94(-4.28%)	UD	OpenLong	65	-0.5	10	-40	-13	80	0.5	48%	0.05	93.1	4.56%	0	0.7	61	-0.2
15	Apr_20_2020	56.43	53.39	55.65	57.74	57.72	58.41	58.44(-0.36%)	UD	OpenLong	75	0.2	31	80	11	92	0.34	48%	0.09	104.3	4.53%	0	1.6	66	0.6

16	Apr_17_2020	56.38	52.79	54.78	57.02	57.3	58.17	58.65(1.31%)	UT	OpenLong	75	0.5	41	120	27	83	0.41	48%	0.04	85.9	4.56%	0	1.8	68	1.2
17	Apr_16_2020	56.36	52.29	53.9	56.17	56.19	57.02	57.89(1.37%)	UT	OpenLong	75	0.5	29	100	19	58	0.39	50%	0.07	76.1	4.56%	0	1.8	57	1.1
18	Apr_15_2020	56.32	51.61	53.09	55.3	55.34	56.43	57.11(0.92%)	UT	OpenLong	75	0.5	33	140	26	55	0.34	51%	0.07	39.5	4.64%	0	1.7	73	1.1
19	Apr_14_2020	56.28	50.89	52.59	54.18	54.54	55.37	56.59(3.15%)	UT	OpenLong	75	0.7	31	130	26	46	0.54	51%	0.04	3.1	4.65%	0	1.6	63	1.5
20	Apr_13_2020	56.26	50.2	52.19	53.26	53.56	54.24	54.86(0.81%)	UT	OpenLong	75	0.4	23	110	18	39	0.26	51%	0.11	-24.6	4.64%	0	1.3	62	1.2

21	Apr_9_2020	56.2	50.07	51.95	52.19	52.97	53.71	54.42(1.66%)	UT	OpenLong	75	0.6	29	140	25	42	0.43	51%	0.02	-44.2	4.6%	0	1.2	67	0.9
22	Apr_8_2020	56.19	50.01	51.92	51.27	51.64	52.88	53.53(3.92%)	UT	OpenLong	75	0.5	24	190	19	40	0.47	52%	0.02	-52.2	4.6%	0	0.8	59	0.9
23	Apr_7_2020	56.18	50.33	51.31	50.55	50.71	52.23	51.51(-0.94%)	UD	OpenLong	75	0.2	27	220	22	40	0.62	52%	-0.04	-52.9	4.59%	0	0.2	65	0.8
24	Apr_6_2020	56.2	50.77	51.18	50.77	50.13	50.39	52(5.05%)	UT	OpenLong	75	0.2	21	-0	9	58	0.6	53%	0	-48.4	4.59%	0	0.2	68	0.8
25	Apr_3_2020	56.2	51.13	50.95	51	50.48	49.2	49.5(-0.6%)	UD	OpenLong	65	-0.3	2	-210	-21	69	0.38	51%		-45.3	4.55%	0	-0.3	65	0.1
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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