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$16.79 (-2.67%)

Volume: 353k

Closed: Nov 29, 2021

Hollow Logo Score: -4.437

Blucora Stock Forecast

$16.79 (-2.67%)

Volume: 353k

Closed: Nov 29, 2021

Score Hollow Logo -4.437
Which way will BCOR go? Request
Key Stats
P/E Ratio -42.50
Beta 1.18
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
RSImin/max Values: [ 25 - 75 ] The Blucora stock currently holds an RSI14 at 23 and is oversold on RSI14. The stock being oversold is no guarantee for instant reaction up as some stocks may be oversold for a long time. It is important to review the previous RSI-history to get an indication of the RSI-sensitiveness.

Evaluation of Blucora stock downgraded after the last trading session.
(Updated on Nov 29, 2021)


Sell candidate since 2021-10-29 Gain 1.63%

The Blucora stock price fell by -2.67% on the last day (Monday, 29th Nov 2021) from $17.25 to $16.79. and has now fallen 5 days in a row. During the day the stock fluctuated 4.48% from a day low at $16.74 to a day high of $17.49. The price has fallen in 8 of the last 10 days and is down by -6.67% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -23 thousand shares and in total, 353 thousand shares were bought and sold for approximately $5.93 million.

The stock lies in the lower part of a wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $16.67 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 13.96% during the next 3 months and, with a 90% probability hold a price between $19.00 and $21.55 at the end of this 3-month period.

Signals & Forecast

There are few to no technical positive signals at the moment. The Blucora stock holds sell signals from both short and long-term moving averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $17.42 and $17.16. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, November 05, 2021, and so far it has fallen -8.55%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements. The stock had a Golden Star Signal on Wednesday, October 06, 2021 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Buy
Special Signal Notification

Golden Star

The stock had a Golden Star Signal on Wednesday, October 06, 2021 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss

Blucora finds support from accumulated volume at $16.58 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.75 between high and low, or 4.48%. For the last week, the stock has had a daily average volatility of 2.73%.

Blucora is oversold on RSI14 (23). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.

Our recommended stop-loss: We hold an negative evaluation for this stock. No stop-loss is set.

Is Blucora stock A Buy?

The Blucora stock holds several negative signals and despite the positive trend, we believe Blucora will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Sell candidate.

Current score: -4.437

Predicted Opening Price for Blucora of Tuesday, November 30, 2021

The predicted opening price is based on yesterday's movements between high, low, and the closing price.

Fair opening price November 30, 2021 Current price
$17.01 $16.79 (Undervalued)
Sell Candidate Downgraded

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Analyst Ratings

On Nov 05, 2021 "Barrington Research" gave "$21.00 - $23.00" rating for BCOR. The price target was set to $18.36+3.5%.

Volatility and Risk
Daily Average Volatility: 2.73 %
Overall Risk: Very High High Medium Low Very Low
Volatility
2.73 %
Daily Average Volatility
Overall Risk

Very High
High
Medium
Low
Very Low

Support & Resistance

Resistance: $17.50
Price: $16.79
Support: $16.58

BCOR Insider Trading Show all Trades

INSIDER POWER

31.072

Last 100 transactions
Buy: 1 862 204 | Sell: 59 931 (Shares)
Date Action Amount Person Type
Jul 08, 2021 Sell 2 167 Mackay Todd C Common Stock
Jul 08, 2021 Sell 1 507 Bruder Ann J. Common Stock
Jun 26, 2021 Sell 264 Murray Stacy Common Stock
Jun 14, 2021 Sell 3 334 Mackay Todd C Common Stock
May 21, 2021 Sell 1 468 Bruder Ann J. Common Stock
Show all Insider Trades
INSIDER POWER

31.072

Last 100 transactions
Buy: 1 862 204 | Sell: 59 931 (Shares)

Fibonacci Support & Resistance Levels

Level Price Change
Resistance 17.76 5.76 %
17.47 4.05 %
17.29 3.00 %
Current price: 16.79
Support 16.72 -0.42 %
16.54 -1.47 %
16.26 -3.18 %

Accumulated Volume Support & Resistance Levels

Level Price Chg %
Resistance 18.36 9.35 %
17.74 5.66 %
17.50 4.23 %
Current price 16.79
Support 16.58 -1.25%
15.07 -10.24%
14.93 -11.08%

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About Blucora

Blucora Blucora, Inc. provides technology-enabled financial solutions to consumers, small business owners, and tax professionals in the United States. The company operates through two segments, Wealth Management and Tax Preparation. The Wealth Management segment provides an integrated platform of brokerage, investment advisory, and insurance services to financial advisors. The Tax Preparation segment offers digital tax preparation solutions through TaxAc... Read more

Golden Star Signal

This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.

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