Trading Signals: BL Stock Price Prediction and Forecast

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

Thu. Apr. 15, 2021

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

(BlackLine)
BL latest price $118.6700 (2.09%) ($118.6700 - $118.6700) on Thu. Apr. 15, 2021.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.02% (three month average)
RSI   76
Latest Price   $118.6700(2.09%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   BL advances 0.9% a day on average for past five trading days.
Weekly Trend   BL advances 4% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Normal for small cap.
Correlated ETFs   Broad market will support BL advance at 0% a week (0% probability)
IWO(64%)    SKYY(64%)    IBUY(62%)    IWF(62%)    IPO(61%)
Factors Impacting BL price   BL will decline at least -1.51% in a week (0% probabilities).
VIXM(-34%)    UUP(-28%)    VXX(-14%)    TBT(-10%)    IGOV(-2%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.51% (StdDev 3.02%)
Hourly BBV 0.3 ()
Intraday Trend 0%

5 Day Moving Average   $115.32(2.9%)
10 Day Moving Average   $113.78(4.3%)
20 Day Moving Average   $111.24(6.68%)
To recent high   -21.2%
To recent low   13.8%
Market Cap   $71.873b

$. BL price fluctuates within 3.26% (three month std-dev: 3.02%) daily (68% of days).

Sample size 27 Average positive next day return: 1.67%(67%) Average negative next day return: -1.2%(33%) Sample size 27 Average positive next three day return: 2.84%(56%) Average negative next three day return: -1.39%(44%) Sample size 27 Average positive next weekly return: 2.04%(59%) Average negative next weekly return: -2.02%(41%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20210515

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	Apr_15_2021	124.43	111.24	113.78	115.32	115.69	117.64	118.67(2.09%)	UT	HoldLong	65	0.9	63	130	51	100	0.58	42%	0.02	18.4	3.02%	0.3	2	76	1.8
2	Apr_14_2021	124.4	110.93	112.77	114.33	114.28	115.78	116.24(0.64%)	UT	OpenLong	75	0.6	59	90	47	94	0.67	42%	0.03	9.5	3.02%	0.3	1.6	74	1.4
3	Apr_13_2021	124.36	110.7	111.63	113.29	113.55	113.74	115.51(2.03%)	UT	OpenLong	75	0.7	39	20	30	64	0.41	42%	0.02	4.4	3.03%	0.3	1.6	54	1.7
4	Apr_12_2021	124.34	110.55	110.56	112.58	112.57	112.78	113.21(0.19%)	UT	HoldLong	50	0.2	3	10	-7	31	0.29	42%	0.01	11.8	3.01%	0.5	0.9	51	1.8
5	Apr_9_2021	124.33	110.52	110.01	112.33	112.44	113.36	112.99(-0.62%)	UD	OpenLong	75	0.2	24	60	21	34	0.21	42%	0.02	13	3%	0.6	0.9	51	1.5

6	Apr_8_2021	124.31	110.58	109.4	111.98	112.26	112.36	113.69(2.4%)	UT	OpenLong	75	0.6	26	10	25	28	0.52	42%	0.06	13.2	3.02%	1.1	1	58	1.5
7	Apr_7_2021	124.24	110.62	108.68	110.96	111.72	111.52	111.03(-0.87%)	N/A	N/A	0	0	2	10	3	-2	0.23	42%	0.04	0	3.02%	-1	0.1	44	1.4
8	Apr_6_2021	124.19	110.57	108.77	109.66	111.12	112.16	112(0.08%)	RB	SmallLong	20	0.7	22	110	31	-4	0.3	41%	0.05	-31.8	3.02%	0.5	0.5	48	1.2
9	Apr_5_2021	124.13	110.22	108.72	108.19	109.27	111.93	111.92(0.6%)	N/A	N/A	0	1.1	38	200	54	-12	0.28	41%	0.19	-71.1	3.04%	0.8	0.5	46	1.3
10	Apr_1_2021	123.9	110.15	108.64	107.35	107.35	110.09	111.25(2.41%)	RB	SmallLong	20	1.2	50	180	71	-15	0.44	39%	0.03	-97	3.08%	0.9	0.3	46	1.3

11	Mar_31_2021	123.86	110.18	108.42	106.5	106.4	106.62	108.63(3.94%)	N/A	N/A	0	0.6	18	10	39	-45	0.72	39%	0.02	-103.8	3.09%	1.2	-0.4	37	1.2
12	Mar_30_2021	123.84	110.63	108.88	106.13	105.98	104.62	104.52(-0.11%)	DT	OpenShort	-75	-0.3	-56	-90	-45	-87	0.63	36%	0	-91.9	3.04%	-0.3	-1.3	26	1.2
13	Mar_29_2021	123.84	111.58	109.69	107.76	106.97	106.18	104.64(-2.87%)	DT	OpenShort	-75	-0.6	-55	-70	-49	-71	0.33	35%	-0.06	-69.5	3.05%	-1.2	-1.2	43	1
14	Mar_26_2021	123.91	112.69	110.59	109.28	109.07	107.35	107.73(0.71%)	DP	OpenShort	-75	-0.3	-25	-120	-22	-32	0.4	35%	-0.06	-57.7	3.03%	0.1	-0.9	60	1.4
15	Mar_25_2021	123.98	113.47	111.13	110.09	110.15	107.76	106.97(0.15%)	DP	OpenShort	-75	-0.5	-58	-150	-65	-38	0.4	35%	-0.01	-59.3	3.05%	-0.7	-1.1	47	1.1

16	Mar_24_2021	123.99	114.2	111.94	110.6	111.36	110.79	106.81(-5.19%)	DT	OpenShort	-75	-0.6	-34	-20	-39	-19	0.36	35%	0.05	-61.3	3.08%	-1.9	-1.2	45	1
17	Mar_23_2021	123.93	115.09	112.84	111.97	111.6	112.55	112.66(0.41%)	UT	OpenLong	75	0.1	9	50	9	10	0.33	37%	0.13	-60.3	3.01%	-0.1	-0.4	43	1.1
18	Mar_22_2021	123.77	115.57	112.61	111.92	111.76	111.93	112.21(0.36%)	RB	SmallLong	20	0	12	10	19	-9	0.4	39%	0.12	-63.2	3.02%	0.7	-0.5	36	1.9
19	Mar_19_2021	123.62	116.12	111.91	112.16	111.85	110.66	111.8(2.09%)	DP	OpenShort	-75	-0.1	-31	-80	-21	-59	0.62	39%	0.16	-61.6	3.04%	-0.2	-0.6	33	1.6
20	Mar_18_2021	123.42	117.07	111.82	112.4	112.25	111.59	109.51(-3.65%)	DT	OpenShort	-75	-0.4	-51	-50	-39	-85	0.43	39%	0.15	-68.8	3.05%	-1.6	-1	36	1.2

21	Mar_17_2021	123.24	118.05	112.12	113.48	113.12	113.04	113.66(1.11%)	DP	OpenShort	-75	0	-21	-10	-3	-76	0.56	43%	0.16	-74.6	3.02%	1.8	-0.6	42	2.1
22	Mar_16_2021	123.04	118.83	112.49	113.86	113.44	112.91	112.41(-0.87%)	DT	OpenShort	-75	-0.2	-29	-40	-10	-86	0.53	43%	0.17	-82.3	3.05%	-0.6	-0.8	38	1.9
23	Mar_15_2021	122.83	119.64	113.55	113.37	114.22	113.21	113.4(0.34%)	DP	OpenShort	-65	0	-15	-40	7	-82	0.35	45%	0.12	-94.5	3.05%	-0.2	-0.8	41	2.4
24	Mar_12_2021	122.68	120.57	114.84	111.55	113.36	113.98	113.02(-1.66%)	DT	OpenShort	-75	0.2	-25	90	-1	-96	0.8	45%	0.14	-104.8	3.06%	-1.3	-0.9	40	1.8
25	Mar_11_2021	122.51	122.34	115.88	111.1	111.69	115.23	114.93(-0.51%)	N/A	N/A	0	0.4	17	240	53	-90	1.9	45%		-82.4	3.08%	0.3	-0.7	35	1.5
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.