BLACKLINE INC (BL) Stock Technical Analysis
NASDAQ:BL - Nasdaq - US09239B1098 - Common Stock - Currency: USD
Overall BL gets a technical rating of 0 out of 10. BL's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, BL is a bad performer in the overall market: 79% of all stocks are doing better.
BL is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
BL is an average performer in the Software industry, it outperforms 44% of 285 stocks in the same industry.
In the last month BL has a been trading in the 40.82 - 51.06 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
BL has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
44.61
65.59
2 important resistance areas can be observed.
- A resistance zone ranging from 50.30 to 50.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 64.23 to 64.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.23
Mansfield-0.94
10 Day High46.37
10 Day Low41
20 Day High51.06
20 Day Low40.82
52 Week High66.25
52 Week Low40.82
Performance
1 Week-2.15%
2 Weeks5.21%
1 Month-10.4%
3 Month-25.47%
6 Month-20.35%
12 Month-25.92%
2 Year-19.12%
3 Year-32.8%
5 Year-25.81%
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)0.05
RSI(14)42.67
LBB41.68
UBB48.4
45.06
+1.58 (+3.63%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg3.63%
1 Week-2.15%
2 Weeks5.21%
1 Month-10.4%
3 Month-25.47%
6 Month-20.35%
12 Month-25.92%
2 Year-19.12%
3 Year-32.8%
5 Year-25.81%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.35
ATR(20)%4.42%
ATR Inc-27.28%
Range Today1.25
ADR(20)1.84
ADR(20)%4.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.23
Mansfield-0.94
10 Day High46.37
10 Day Low41
20 Day High51.06
20 Day Low40.82
52 Week High66.25
52 Week Low40.82
CS1 EndN/A
CR1 Start50.3
Volume & EV
DER(3)0.27%
DER(5)1.14%
Volume547.10K
Volume Incr-39.81%
Vol(5)497.08K
Vol(50)898.65K