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(BL) Blackline Inc complete technical analysis [charts+indicators] | Buy/Sell Blackline Inc | (BL) share price targets

Complete technical analysis of Blackline Inc (BL) by charts plus indicators, forecast predictions and share price targets for Blackline Inc (BL)

Blackline Inc trades in USA in Technology sector.

10 day averaged volume of Blackline Inc is 713580

Date Daily Closing Price Open High Low Volume
25 Mon Nov 2024 62.77 63.00 63.79 62.52 1.044 times
22 Fri Nov 2024 62.70 62.16 63.08 61.89 0.808 times
21 Thu Nov 2024 61.69 59.67 62.23 59.26 1.364 times
20 Wed Nov 2024 58.53 58.05 58.55 56.69 1.524 times
19 Tue Nov 2024 57.70 59.46 59.68 57.37 1.218 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 61.6, but if it comes below 61.6, then a intra day sell could be more profitable.
If you take a sell trade below 61.6, then use 61.6 as stoploss and 59.06 as target. However if you take a buy trade in stock , then use 61.6 as stoploss and 64.7 as target.

Share price targets for Blackline Inc (BL)

Target Type Value
Downside Target 43.37
Downside Target 45.75
Downside Target 47.26
Downside Target 49.21
Downside Target 52.84
Downside Target 54.87
Downside Target 56.48
Downside Target 58.44
Downside Target 60.22
Downside Target 62.52
Upside Target 63.08
Upside Target 63.11
Upside Target 63.79

Intraday share price targets for Blackline Inc (BL)

Target Type Value
Downside Intraday Target 62.26
Downside Intraday Target 61.76
Upside Intraday Target 63.53
Upside Intraday Target 64.3
Upside Intraday Target 63.03

Weekly technical analysis of Blackline Inc (BL)

Date Weekly Closing Price Open High Low Volume
25 Mon Nov 2024 62.77 63.00 63.79 62.52 0.186 times
22 Fri Nov 2024 62.70 59.50 63.08 56.69 1.133 times
15 Fri Nov 2024 59.31 60.32 63.11 58.94 0.787 times
08 Fri Nov 2024 60.37 55.24 61.20 54.87 1.647 times
01 Fri Nov 2024 55.51 57.24 58.44 55.30 1.328 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Blackline Inc (BL)

Date Monthly Closing Price Open High Low Volume
25 Mon Nov 2024 62.77 55.47 63.79 54.87 1.029 times
31 Thu Oct 2024 55.37 55.02 60.22 53.55 0.95 times
30 Mon Sep 2024 55.14 49.10 56.48 47.26 0.669 times
30 Fri Aug 2024 49.55 47.58 52.84 43.37 1.175 times

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Blackline Inc (BL)

Indicator Name Indicator Value Indicator Signal
ADX 35, 17, 36 Buy
MACD 3, 3Buy
Stochastics 86Buy
CCI 102Buy
RSI 55Buy
OBV 7006700Sell
VWAP 60Buy
ADL 0Sell
ROC 0Buy
Force Index 0Sell

Price action analysis of Blackline Inc ( (BL) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Blackline Inc ( (BL) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Blackline Inc ( (BL) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Blackline Inc ( (BL) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Blackline Inc stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Blackline Inc in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Blackline Inc Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Blackline Inc in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Blackline Inc is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 60.38 and Blackline Inc (BL) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Blackline Inc (BL) stock. Volume based technical analysis of Blackline Inc (BL) stock is negative.

Blackline Inc Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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