BLACKLINE INC (BL)
US09239B1098 - Common Stock
We assign a technical rating of 8 out of 10 to BL. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BL is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
BL is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BL is lagging the market slightly.
In the last month BL has a been trading in the 54.87 - 63.11 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, BL outperforms 68% of them, which is more or less in line with the market.
BL is part of the Software industry. There are 279 other stocks in this industry, BL did better than 51% of them.
Although BL has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
54.55
67.68
When analyzing the support we can see 3 important areas.
- Support @62.19 from a trend line in the daily time frame.
- Support @57.59 from a trend line in the daily time frame.
- A support zone ranging from 55.10 to 56.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @67.01 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.59
Mansfield-0.13
10 Day High63.11
10 Day Low56.69
20 Day High63.11
20 Day Low54.87
52 Week High69.31
52 Week Low43.37
Performance
1 Week5.72%
2 Weeks3.86%
1 Month10.84%
3 Month23.35%
6 Month26.31%
12 Month9.42%
2 Year-7.37%
3 Year-43.03%
5 Year16.5%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.06
RSI(14)64.31
LBB55.99
UBB63.86
BLACKLINE INC
NASDAQ:BL (11/22/2024, 8:26:16 PM)
After market: 62.7 0 (0%)62.7
+1.01 (+1.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg1.64%
1 Week5.72%
2 Weeks3.86%
1 Month10.84%
3 Month23.35%
6 Month26.31%
12 Month9.42%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.3
ATR(20)%3.21%
ATR Inc
Range Today1.2
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High63.11
10 Day Low56.69
20 Day High63.11
20 Day Low54.87
52 Week High69.31
52 Week Low43.37
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume576.90K
Volume Incr25.01%
Vol(5)799.76K
Vol(50)673.18K