Trading Signals: BL Stock Price Prediction and Forecast

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Wed. Dec. 23, 2020

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

(BlackLine)
BL latest price $137.4200 (-2.04%) ($136.9100 - $141.8200) on Wed. Dec. 23, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.68% (three month average)
RSI   73
Latest Price   $137.4200(-2.04%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   BL advances 1.3% a day on average for past five trading days.
Weekly Trend   BL advances 5.4% a week on average for past two weeks.
Market Behavior   Rotation from growth to value for large cap. Value stock rally for small cap.
Correlated ETFs   Broad market will support BL advance at 0% a week (0% probability)
IWO(64%)    SKYY(64%)    IPO(62%)    IWF(62%)    IBUY(61%)
Factors Impacting BL price   BL will decline at least -1.34% in a week (0% probabilities).
VIXM(-34%)    UUP(-27%)    VXX(-15%)    TBT(-12%)    IGOV(-1%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.34% (StdDev 2.68%)
Hourly BBV 0 ()
Intraday Trend -2.3%

5 Day Moving Average   $136.01(1.04%)
10 Day Moving Average   $131.5(4.5%)
20 Day Moving Average   $126.57(8.57%)
To recent high   -2%
To recent low   62.5%
Market Cap   $83.229b

$. BL price fluctuates within 5.18% (three month std-dev: 2.68%) daily (68% of days).

Sample size 50 Average positive next day return: 2.19%(64%) Average negative next day return: -3.2%(36%) Sample size 50 Average positive next three day return: 4.31%(52%) Average negative next three day return: -4.01%(48%) Sample size 50 Average positive next weekly return: 6.7%(54%) Average negative next weekly return: -5.72%(46%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20210123

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	Dec_23_2020	98.55	126.57	131.5	136.01	136.62	139.1	137.42(-2.04%)	UD	OpenLong	75	0.2	94	140	75	151	0.52	77%	0.48	99.4	2.68%	0	1.7	73	0.5
2	Dec_22_2020	98.08	125.33	129.88	134.25	134.73	136.72	140.28(3.42%)	UT	HoldLong	65	0.9	105	110	91	146	0.81	77%	0.51	95.9	2.7%	0	2.2	80	-0.7
3	Dec_21_2020	97.58	123.97	128.26	131.63	132.19	134.14	135.64(1.07%)	UT	OpenLong	75	0.7	78	120	64	121	0.41	77%	0.48	98.6	2.68%	0	1.9	73	-1.6
4	Dec_18_2020	97.11	122.81	127.07	129.27	130.04	132.75	134.2(1.28%)	UT	OpenLong	75	0.8	84	160	77	105	0.76	77%	0.48	95.6	2.71%	0	1.9	65	1.2
5	Dec_17_2020	96.65	121.62	125.95	127.73	128.04	130.25	132.5(3.01%)	UT	OpenLong	75	0.8	79	130	74	95	0.46	77%	0.48	93.5	2.72%	0	1.9	67	1.6

6	Dec_16_2020	96.19	120.37	124.75	126.37	126.88	127.33	128.63(1.12%)	UT	OpenLong	75	0.4	62	40	54	84	0.38	76%	0.46	85.2	2.72%	0	1.4	70	1.5
7	Dec_15_2020	95.75	119.26	123.77	124.82	125.35	125.82	127.2(2.75%)	UT	OpenLong	75	0.4	15	40	-0	59	0.46	76%	0.43	72.9	2.73%	0	1.3	72	0.8
8	Dec_14_2020	95.34	118.24	123.05	124.38	124.6	126.42	123.8(-2.13%)	UD	OpenLong	75	-0.1	42	110	29	79	0.51	75%	0.41	69.8	2.72%	0	0.8	67	-0.6
9	Dec_11_2020	94.95	117.42	122.95	124.48	124.45	124.88	126.5(0.6%)	UT	OpenLong	75	0.3	65	20	50	108	0.52	71%	0.43	65.4	2.69%	0	1.3	72	0.3
10	Dec_10_2020	94.54	116.45	122.32	123.89	123.81	122.79	125.74(4.04%)	UT	HoldLong	50	0.3	12	-60	-15	94	0.54	71%	0.41	59.4	2.75%	0	1.4	74	0.9

11	Dec_9_2020	94.15	115.52	121.29	122.89	123.71	124.02	120.86(-3.32%)	UD	OpenLong	65	-0.3	23	40	-5	105	0.33	71%	0.36	56.2	2.72%	0	0.8	74	1
12	Dec_8_2020	93.81	114.82	120.55	122.47	123.03	124.84	125.01(0.59%)	UT	HoldLong	65	0.4	72	120	50	138	0.46	75%	0.39	57.8	2.71%	0	1.5	84	1.6
13	Dec_7_2020	93.45	113.81	119.42	121.48	121.41	123.41	124.28(0.58%)	UT	HoldLong	65	0.4	72	110	49	142	0.37	75%	0.43	60.9	2.74%	0	1.6	82	1.1
14	Dec_4_2020	93.05	113.11	118.26	121.21	120.77	121.22	123.56(2.32%)	UT	HoldLong	65	0.4	65	20	37	148	0.28	69%	0.43	75.8	2.76%	0	1.7	79	1.2
15	Dec_3_2020	92.65	112.55	116.97	120.57	120.75	119.4	120.76(1.71%)	UD	OpenLong	65	0	29	-70	-5	131	0.21	63%	0.38	98.8	2.85%	0	1.5	77	0.9

16	Dec_2_2020	92.3	111.9	115.67	119.46	120.32	120.32	118.73(-1.12%)	UD	OpenLong	65	-0.1	21	20	-10	114	0.27	63%	0.39	114.5	3.01%	0	1.3	75	1
17	Dec_1_2020	91.94	111.03	114.46	118.24	119.08	122.1	120.08(-2.29%)	UD	OpenLong	75	0.3	77	200	59	131	0.66	65%	0.4	109.8	3.01%	0	1.6	79	1
18	Nov_30_2020	91.57	109.92	113.08	116.94	116.84	120.31	122.9(2.09%)	UT	HoldLong	65	1	115	210	106	142	0.8	65%	0.39	103.6	3.01%	0	2.2	89	1.1
19	Nov_27_2020	91.21	108.64	111.43	114.88	114.53	116.06	120.38(4.47%)	UT	OpenLong	75	1	82	80	75	104	0.27	68%	0.41	97.5	3%	0	2.1	63	1.1
20	Nov_25_2020	90.84	107.25	110.04	112.93	112.68	113.37	115.23(2.34%)	UT	OpenLong	75	0.4	32	40	25	52	0.36	68%	0.33	70.8	3.13%	0	1.2	50	1.3

21	Nov_24_2020	90.54	106.13	109.21	111.35	111.6	113.01	112.59(-0.88%)	UD	OpenLong	75	0.2	38	100	37	40	0.31	68%	0.28	59.5	3.12%	0	1	57	1.1
22	Nov_23_2020	90.29	105.27	108.59	110.04	110.21	111.99	113.59(0.86%)	UT	OpenLong	75	0.5	51	120	53	43	0.29	68%	0.27	47.5	3.12%	0	1.2	70	1.1
23	Nov_20_2020	90.05	104.2	107.7	108.58	108.56	110.19	112.62(1.79%)	UT	OpenLong	75	0.6	44	100	46	38	0.46	68%	0.28	36.1	3.15%	0	1.2	73	1.2
24	Nov_19_2020	89.8	103.5	107.48	107.46	107.34	108.42	110.64(3.11%)	UT	OpenLong	75	0.5	35	70	32	44	0.41	68%	0.26	31.1	3.15%	0	1.1	71	1.3
25	Nov_18_2020	89.57	102.81	107.68	106.77	106.92	106.94	107.3(1.2%)	UT	OpenLong	75	0.1	23	10	9	64	0.36	68%		28.3	3.13%	0	0.7	74	1.3
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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