Trading Signals: BL Stock Price Prediction and Forecast

^ BL: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Wed. Jul. 1, 2020

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

(BlackLine)
BL latest price $87.1600 (5.13%) ($82.9100 - $87.8999) on Wed. Jul. 1, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.6% (three month average)
RSI   76
Latest Price   $87.1600(5.13%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   BL advances 1.5% a day on average for past five trading days.
Weekly Trend   BL advances 5% a week on average for past two weeks.
Market Behavior   Growth stock rally for large cap. Value stock sell-off for small cap.
Correlated ETFs   Broad market will support BL advance at 0% a week (0% probability)
SKYY(64%)    IPO(62%)    IWF(61%)    IWO(61%)    IBUY(60%)
Factors Impacting BL price   BL will decline at least -1.3% in a week (0% probabilities).
VIXM(-32%)    UUP(-27%)    VXX(-15%)    TBT(-12%)    IYT(2%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.3% (StdDev 2.6%)
Hourly BBV 0 ()
Intraday Trend 4.1%

5 Day Moving Average   $83.76(4.06%)
10 Day Moving Average   $82.47(5.69%)
20 Day Moving Average   $79.33(9.87%)
To recent high   0%
To recent low   76.1%
Market Cap   $52.789b

$. BL price fluctuates within 4.63% (three month std-dev: 2.6%) daily (68% of days).

Sample size 50 Average positive next day return: 1.99%(48%) Average negative next day return: -1.97%(52%) Sample size 50 Average positive next three day return: 3.73%(44%) Average negative next three day return: -3.76%(56%) Sample size 50 Average positive next weekly return: 3.23%(44%) Average negative next weekly return: -4.93%(56%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20200801

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	Jul_1_2020	63.95	79.33	82.47	83.76	83.33	84.12	87.16(5.13%)	UT	HoldLong	65	0.9	75	50	54	136	0.58	59%	0.39	55.7	2.6%	0	2.1	76	0.6
2	Jun_30_2020	63.7	78.87	81.59	82.51	82.56	82.4	82.91(0.16%)	UT	OpenLong	75	0.1	27	-10	3	97	0.44	54%	0.31	66.6	2.64%	0	1.3	59	0.3
3	Jun_29_2020	63.5	78.6	81.06	82.36	82.17	82.54	82.78(1.28%)	UT	HoldLong	50	0.1	22	20	-3	98	0.51	54%	0.33	81.1	2.63%	0	1.4	63	-0.2
4	Jun_26_2020	63.29	78.31	80.4	82.22	82.29	82.72	81.73(-2.96%)	UD	OpenLong	75	-0.2	47	40	26	111	1.8	67%	0.33	94.3	2.68%	0	1.1	64	-0.9
5	Jun_25_2020	63.08	77.94	79.57	81.81	81.82	81.81	84.22(4.08%)	UT	OpenLong	75	0.8	28	-0	11	80	0.53	63%	0.37	98	3.24%	0	2	69	-0.3

6	Jun_24_2020	62.85	77.33	78.58	80.98	81.28	81.86	80.92(-1.47%)	UD	OpenLong	75	-0	22	60	7	66	0.46	61%	0.29	97.6	3.33%	0	1.1	65	-0.7
7	Jun_23_2020	62.67	76.8	78.29	80.51	80.92	81.83	82.13(0.02%)	UT	OpenLong	75	0.5	43	90	33	71	0.52	65%	0.34	93.6	3.32%	0	1.6	55	-0
8	Jun_22_2020	62.46	76.19	77.67	79.56	79.94	80.7	82.11(3.09%)	UT	OpenLong	75	0.8	34	80	28	53	0.38	65%	0.34	99.3	3.39%	0	1.9	57	-0.2
9	Jun_19_2020	62.25	75.56	76.93	78.32	78.94	80.02	79.65(-0.54%)	UD	OpenLong	75	0.4	36	120	36	35	0.65	66%	0.31	97.4	3.47%	0	1.3	54	-0.8
10	Jun_18_2020	62.06	74.97	76.45	76.96	77.37	79.19	80.08(1.93%)	UT	OpenLong	75	0.9	33	180	37	20	0.61	67%	0.34	88	3.7%	0	1.5	62	-0.7

11	Jun_17_2020	61.85	74.35	75.9	75.83	75.97	77.87	78.56(1.52%)	UT	OpenLong	75	0.8	32	180	38	12	0.38	67%	0.32	84.8	3.71%	0	1.2	64	-0.9
12	Jun_16_2020	61.65	73.77	75.9	75.78	75.22	75.55	77.38(1.9%)	UT	OpenLong	75	0.4	21	10	21	22	0.39	54%	0.31	84.8	3.72%	0	1	66	-1
13	Jun_15_2020	61.46	73.15	75.88	75.55	75.31	74.07	75.94(4.27%)	N/A	N/A	0	0.1	-4	-120	-11	17	0.5	54%	0.26	75.6	4.51%	0	0.7	65	-1.3
14	Jun_12_2020	61.3	72.59	76.02	75.36	75.74	74.89	72.83(-2.18%)	N/A	N/A	0	-0.6	-10	-60	-22	25	0.6	48%	0.2	69.7	4.49%	0	0.1	62	-1.4
15	Jun_11_2020	61.18	72.06	76.22	75.8	75.86	76.54	74.45(-4.94%)	UD	OpenLong	75	-0.3	12	70	0	47	0.62	48%	0.23	62.4	4.75%	0	0.5	69	-2.6

16	Jun_10_2020	61.04	71.45	76.06	75.88	75.64	76.59	78.32(2.8%)	UT	HoldLong	65	0.4	28	80	16	64	0.43	52%	0.26	58.8	4.7%	0	1.2	81	0.9
17	Jun_9_2020	60.88	70.7	75.25	76.02	75.4	75.17	76.19(1.55%)	UD	OpenLong	65	0	16	-50	-1	66	0.34	50%	0.26	62.4	4.7%	0	1	80	1
18	Jun_8_2020	60.72	70.13	74.66	76.33	76.08	74.68	75.03(0.04%)	UD	OpenLong	65	-0.2	6	-140	-17	75	0.61	50%	0.21	72.3	4.73%	0	0.9	82	1.6
19	Jun_5_2020	60.59	69.58	74.15	76.81	76.72	75.63	75(0.19%)	UD	OpenLong	65	-0.3	7	-100	-21	90	0.94	50%	0.22	79.8	4.73%	0	1	82	2
20	Jun_4_2020	60.46	69	73.46	76.67	77.15	77.47	74.86(-5.24%)	UD	OpenLong	75	-0.3	32	50	5	114	0.72	52%	0.3	83.2	4.74%	0	1.1	86	1.6

21	Jun_3_2020	60.28	68.34	72.77	76.14	76.24	77.82	79(1.58%)	UT	HoldLong	65	0.5	57	150	31	134	0.4	53%	0.38	82.7	4.72%	0	1.9	98	1.7
22	Jun_2_2020	60.05	67.41	71.5	74.32	74.69	76.83	77.77(0.43%)	UT	HoldLong	65	0.7	66	220	45	129	0.68	53%	0.38	82.8	4.74%	0	2	86	1.3
23	Jun_1_2020	59.82	66.37	70.16	72.74	72.66	74.67	77.44(4.23%)	UT	HoldLong	65	1	60	190	42	113	0.97	53%	0.39	74	4.74%	0	2.3	78	1
24	May_29_2020	59.59	65.45	68.81	71.15	71.12	72.55	74.3(2.91%)	UT	HoldLong	65	0.7	50	140	35	96	0.97	53%	0.32	74.2	4.75%	0	2	76	1.3
25	May_28_2020	59.4	64.74	67.5	69.82	70.04	70.65	72.2(3.29%)	UT	OpenLong	75	0.6	36	70	23	74	0.67	53%		75.8	4.78%	0	1.9	75	0.9
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

Click to see actual return for next trading day.