BA 2020-09-27 Technical Analysis and Forecast


 

BA Report

Sample Size: 3; Percent Error: 25%

Current Trend Performance

BA is -20.45% from monthly high, 6.4% from monthly low, -1.95% from 10 day simple moving average, -4.44% from 20 day simple moving average, and -7.46% from 50 day simple moving average.

Forecast Ranges

Day 1:
The highs are 160.44, the lows are 149.49, and the median is 154.97. 66.67% to decrease between -9.7% - 0%. 33.33% to increase between 0% - 9.7%.
Day 2:
The highs are 158.31, the lows are 145.17, and the median is 151.74. 66.67% to decrease between -9.7% - 0%. 33.33% to increase between 0% - 9.7%.
Day 3:
The highs are 156.86, the lows are 145.89, and the median is 151.38. 66.67% to decrease between -9.7% - 0%. 33.33% to increase between 0% - 9.7%.
Day 4:
The highs are 156.96, the lows are 138.16, and the median is 147.56. 33.33% to decrease between -19.4% - -9.7%. 33.33% to decrease between -9.7% - 0%. 33.33% to increase between 0% - 9.7%.
Day 5:
The highs are 156.03, the lows are 131.8, and the median is 143.92. 33.33% to decrease between -19.4% - -9.7%. 66.67% to decrease between -9.7% - 0%.
Day 6:
The highs are 156.03, the lows are 126.63, and the median is 141.33. 33.33% to decrease between -19.4% - -9.7%. 66.67% to decrease between -9.7% - 0%.
Day 7:
The highs are 158.4, the lows are 115.07, and the median is 136.74. 33.33% to decrease between -29.1% - -19.4%. 33.33% to decrease between -9.7% - 0%. 33.33% to increase between 0% - 9.7%.

Summary

SMA: Simple Moving Average

In next 5 days, there is possible support range between 140.9, because of monthly low, and 140.9. There is possible resistance range between 156.03 and 171.16, because of 50 day SMA. Areas of uncertainty are beyond 133.86 and beyond 187.76. Minimum movement range is 9.7%.

Research conducted with Nforecast.

This is not a recommendation to buy, sell, or hold. This research is for educational, informational, and entertainment purposes. You should not construe any data or information presented by members on this blog or Nforecast LLC as investment, tax, legal, financial or other advice.