BLACKLINE INC (BL) Stock Technical Analysis
NASDAQ:BL - Nasdaq - US09239B1098 - Common Stock
We assign a technical rating of 4 out of 10 to BL. In the last year, BL was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
BL is part of the Software industry. There are 285 other stocks in this industry, of which 60% are performing better than BL.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the performance of all stocks over the past year, BL turns out to be only a medium performer in the overall market: it outperformed 51% of all stocks.
BL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BL is lagging the market.
In the last month BL has a been trading in the 55.00 - 63.93 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BL has an average technical rating and the quality of the presented setup is also not ideal 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
54.56
67.68
We found 1 important support area.
- A support zone ranging from 55.11 to 56.42. This zone is formed by a combination of multiple trend lines 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
CRS51.37
Mansfield-0.38
10 Day High61.38
10 Day Low55
20 Day High63.93
20 Day Low55
52 Week High69.31
52 Week Low43.37
Performance
1 Week2.56%
2 Weeks1.27%
1 Month-4.5%
3 Month5.53%
6 Month24.84%
12 Month-0.42%
2 Year-16.85%
3 Year-35.02%
5 Year-2.4%
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)0.16
RSI(14)48.46
LBB55.52
UBB62.48
BLACKLINE INC
NASDAQ:BL (1/22/2025, 8:07:41 PM)
After market: 59.7 0 (0%)59.7
-1.5 (-2.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-2.45%
1 Week2.56%
2 Weeks1.27%
1 Month-4.5%
3 Month5.53%
6 Month24.84%
12 Month-0.42%
2 Year-16.85%
3 Year-35.02%
5 Year-2.4%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.77
ATR(20)%2.85%
ATR Inc21.64%
Range Today2.56
ADR(20)1.58
ADR(20)%2.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.37
Mansfield-0.38
10 Day High61.38
10 Day Low55
20 Day High63.93
20 Day Low55
52 Week High69.31
52 Week Low43.37
CS1 End56.42
CR1 Start67.01
Volume & EV
DER(3)4.43%
DER(5)1.73%
Volume576.50K
Volume Incr-10.3%
Vol(5)504.24K
Vol(50)612.63K