Trading Signals: WORK Stock Price Prediction and Forecast

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

Mon. Nov. 9, 2020

Trading Signals: WORK Stock Price Prediction and Forecast (Thu. Jun. 20, 2019 - Tue. Jul. 20, 2021)

(Slack Technologies, Inc.)
WORK latest price $25.7900 (-4.66%) ($25.2100 - $27.0400) on Mon. Nov. 9, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.31% (three month average)
RSI   26
Latest Price   $25.7900(-4.66%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   WORK advances 0.6% a day on average for past five trading days.
Weekly Trend   WORK declines -4.4% a week on average for past two weeks.
Market Behavior   Rotation from growth to value for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support WORK advance at 0% a week (0% probability)
IPO(33%)    EDOC(29%)    ONLN(27%)    SKYY(27%)    ARKK(25%)
Factors Impacting WORK price   WORK will decline at least -1.655% in a week (0% probabilities).
UUP(-15%)    XOP(-14%)    XLE(-20%)    SDY(-16%)    VXX(-13%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.655% (StdDev 3.31%)
Hourly BBV 0 ()
Intraday Trend 0.4%

Inflection Point   Yes
Resistance Level   $28.38
5 Day Moving Average   $26.36(-2.16%)
10 Day Moving Average   $26.36(-2.16%)
20 Day Moving Average   $28.38(-9.13%)
To recent high   -24.8%
To recent low   3%
Market Cap   $14.685b

Slack Technologies, Inc. develops and publishes real-time collaboration applications and platforms. It provides engineering, sales, marketing, IT, project management and human resources solutions. The company was founded by Daniel Stewart Butterfield, Bradley J. Horowitz, Eric Costello, Callum James Henderson-Begg, and Serguei Mourachov in 2009 and is headquartered in San Francisco, CA.

$. WORK price fluctuates within 9.34% (three month std-dev: 3.31%) daily (68% of days).

Sample size 13 Average positive next day return: 4.81%(69%) Average negative next day return: -4.24%(31%) Sample size 13 Average positive next three day return: 10.58%(38%) Average negative next three day return: -6.15%(62%) Sample size 13 Average positive next weekly return: 11.95%(38%) Average negative next weekly return: -8.55%(62%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20201209

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	Nov_9_2020	29.45	28.38	26.36	26.36	26.55	26.55	25.79(-4.66%)	DT	OpenShort	-75	-0.2	-23	20	-3	-81	12.44	39%	-0.24	-36.1	3.31%	0	-1	26	1.4
2	Nov_6_2020	29.52	28.68	26.55	26.21	26.39	27.09	27.05(-1.46%)	DP	OpenShort	-65	0.3	-12	210	19	-104	6.03	39%	-0.27	-32.9	3.29%	0	-0.6	26	1.7
3	Nov_5_2020	29.6	28.88	26.69	25.92	25.92	26.55	27.45(5.05%)	DP	OpenShort	-65	0.6	-19	170	19	-134	8.35	39%	-0.17	-31.4	3.29%	0	-0.6	26	1
4	Nov_4_2020	29.65	29.01	26.78	25.78	25.68	25.69	26.13(2.96%)	DP	OpenShort	-65	0.1	-41	-10	3	-171	8.02	36%	-0.2	-29.9	3.23%	0	-1.1	16	0.8
5	Nov_3_2020	29.71	29.19	27.04	25.87	25.82	25.3	25.38(1.32%)	DP	OpenShort	-75	-0.2	-67	-150	-22	-201	7.13	36%	-0.17	-25.9	3.21%	0	-1.5	9	-0.6

6	Nov_2_2020	29.76	29.37	27.57	26.38	26.26	25.68	25.05(-2.07%)	DT	HoldShort	-65	-0.6	-71	-170	-29	-195	10.67	36%	-0.2	-19	3.23%	0	-1.9	9	-1.4
7	Oct_30_2020	29.82	29.57	28.28	26.92	26.95	26.34	25.58(-4.34%)	DT	HoldShort	-65	-0.6	-64	-160	-27	-175	11.75	36%	-0.17	-11.4	3.24%	0	-1.9	17	-1.7
8	Oct_29_2020	29.87	29.71	28.94	27.55	27.49	26.85	26.74(0.6%)	DP	OpenShort	-75	-0.4	-56	-170	-24	-150	7.73	37%	-0.2	-2.4	3.2%	0	-1.5	28	-1.4
9	Oct_28_2020	29.93	29.8	29.51	27.93	27.98	27.56	26.58(-4.83%)	DT	OpenShort	-75	-0.7	-49	-100	-23	-125	11.3	37%	-0.17	6	3.2%	0	-1.6	36	-2.6
10	Oct_27_2020	29.98	29.85	30.14	28.39	28.39	28.12	27.93(0.65%)	DP	OpenShort	-75	-0.2	-38	-70	-19	-94	7.58	40%	-0.13	13.9	3.15%	0	-1	45	-0.5

11	Oct_26_2020	30.02	29.85	30.59	28.96	28.61	28.4	27.75(-3.51%)	DT	OpenShort	-75	-0.6	-38	-90	-31	-60	9.51	40%	-0.17	23.3	3.15%	0	-1	52	-0.4
12	Oct_23_2020	30.07	29.82	31.02	29.86	29.46	28.65	28.76(0.49%)	DP	OpenShort	-75	-0.5	-22	-230	-26	-8	7.97	42%	-0.3	37.2	3.14%	0	-0.5	58	1.1
13	Oct_22_2020	30.16	29.76	31.27	30.56	30.41	28.82	28.62(-0.87%)	N/A	N/A	0	-0.9	-31	-380	-49	25	8.25	39%	-0.36	49.4	3.14%	0	-0.5	61	1.2
14	Oct_21_2020	30.27	29.68	31.46	31.35	31.39	30.27	28.87(-6.3%)	N/A	N/A	0	-1.1	-21	-250	-50	65	19.6	39%	-0.33	61.6	3.2%	0	-0.4	61	0.9
15	Oct_20_2020	30.37	29.58	31.57	32.12	32.22	32	30.81(-4.47%)	UD	OpenLong	65	-0.6	19	-40	-17	128	9.69	42%	-0.2	72.5	3.12%	0	0.5	79	0.6

16	Oct_19_2020	30.43	29.36	31.37	32.44	32.49	32.5	32.25(0%)	UT	HoldLong	50	-0.1	43	10	3	163	9.68	45%	-0.1	78.1	3.1%	0	1.2	90	0.7
17	Oct_16_2020	30.46	29.08	30.99	32.35	32.44	32.43	32.25(-0.98%)	UD	OpenLong	75	-0	48	10	6	174	8.54	45%	-0.03	79.4	3.11%	0	1.3	89	1.4
18	Oct_15_2020	30.47	28.74	30.56	32.1	32.22	32.49	32.57(-0.49%)	UD	OpenLong	75	0.2	56	70	15	178	12.83	45%	0.03	77.5	3.11%	0	1.6	89	1.6
19	Oct_14_2020	30.46	28.37	30.09	31.59	31.83	32.45	32.73(0.96%)	UT	HoldLong	65	0.5	66	160	29	178	14.63	45%	0	73.3	3.11%	0	1.9	91	2
20	Oct_13_2020	30.46	27.99	29.5	30.93	31.11	31.96	32.42(1.98%)	UT	HoldLong	65	0.7	68	210	36	162	10.92	45%	0.07	71.6	3.14%	0	2.2	92	2.1

21	Oct_12_2020	30.44	27.64	28.95	30.13	30.4	31.21	31.79(2.55%)	UT	HoldLong	65	0.9	63	210	38	139	12.32	45%	0	59	3.13%	0	2.3	90	2.7
22	Oct_9_2020	30.44	27.32	28.46	29.43	29.58	30.26	31(3.37%)	UT	HoldLong	65	1	52	180	31	115	14.95	45%	0	45.2	3.11%	0	2.4	84	2.6
23	Oct_8_2020	30.44	27.04	28.06	28.79	28.94	29.58	29.99(1.87%)	UT	HoldLong	65	0.9	45	170	26	103	6.99	49%	-0.07	21	3.08%	0	2.3	86	1.7
24	Oct_7_2020	30.46	26.82	27.71	28.38	28.39	28.89	29.44(3.48%)	UT	HoldLong	65	0.9	42	120	25	92	14.66	49%	0	-16.6	3.26%	0	2.3	86	1
25	Oct_6_2020	30.46	26.6	27.39	27.86	27.92	28.29	28.45(0.6%)	UT	HoldLong	65	0.5	32	100	17	78	8.94	47%		-63.4	3.24%	0	1.6	83	0.3
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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