(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 666871
Date | Daily Closing Price | Open | High | Low | Volume |
17 Fri May 2024 | 58.46 | 59.12 | 59.51 | 58.06 | 0.572 times |
16 Thu May 2024 | 59.07 | 58.83 | 59.43 | 58.06 | 0.627 times |
15 Wed May 2024 | 58.90 | 59.00 | 59.31 | 58.02 | 0.708 times |
14 Tue May 2024 | 57.84 | 58.96 | 59.62 | 57.78 | 0.783 times |
13 Mon May 2024 | 57.92 | 58.76 | 58.95 | 57.75 | 0.96 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 58.2 as stoploss in an intra day buy trade for a target of 59.32. However, stock will show a bearish move below 58.2.
Share price targets for Blackline Inc (BL)
Target Type | Value |
Downside Target | 53.25 |
Downside Target | 55.24 |
Downside Target | 56.49 |
Upside Target | 59.62 |
Upside Target | 61.65 |
Upside Target | 62.38 |
Upside Target | 62.71 |
Upside Target | 63.31 |
Upside Target | 63.66 |
Upside Target | 69.09 |
Upside Target | 69.31 |
Intraday share price targets for Blackline Inc (BL)
Target Type | Value |
Downside Intraday Target | 57.6 |
Downside Intraday Target | 56.74 |
Upside Intraday Target | 59.47 |
Upside Intraday Target | 60.48 |
Upside Intraday Target | 58.61 |
Weekly technical analysis of Blackline Inc (BL)
Date | Weekly Closing Price | Open | High | Low | Volume |
17 Fri May 2024 | 58.46 | 58.76 | 59.62 | 57.75 | 0.575 times |
10 Fri May 2024 | 58.22 | 61.21 | 63.31 | 57.83 | 1.13 times |
03 Fri May 2024 | 60.91 | 61.26 | 61.95 | 56.81 | 1.34 times |
26 Fri Apr 2024 | 60.83 | 57.58 | 61.65 | 57.20 | 0.685 times |
19 Fri Apr 2024 | 57.37 | 63.57 | 63.66 | 56.49 | 1.168 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 |
17 Fri May 2024 | 58.46 | 58.00 | 63.31 | 56.81 | 0.562 times |
30 Tue Apr 2024 | 58.05 | 64.90 | 69.09 | 56.49 | 0.461 times |
28 Thu Mar 2024 | 64.58 | 57.01 | 69.31 | 56.64 | 2.498 times |
29 Thu Feb 2024 | 56.73 | 58.95 | 62.71 | 53.25 | 1.338 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 | 23, 16, 17 | Buy |
MACD | -1, -1 | Sell |
Stochastics | 19 | Sell |
CCI | -44 | Sell |
RSI | 64 | Buy |
OBV | -5820480 | Sell |
VWAP | 59 | Sell |
ADL | 0 | Sell |
ROC | -4 | Sell |
Force Index | 0 | Sell |
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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Blackline Inc ( (BL) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Blackline Inc ( (BL) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Blackline Inc stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Blackline Inc in short term and the sell signal is strong.
Blackline Inc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 coming down
CCI has generated a SELL signal for Blackline Inc in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining 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 59.11 and Blackline Inc (BL) stock is trading below this level. This means that stock is falling with high volumes. 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 has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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