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 scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
84% of all other stocks performed better in the past year than BL.
BL is part of the Software industry. There are 284 other stocks in this industry, of which 71% are performing better than BL.
BL is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month BL has a been trading in the 48.75 - 66.25 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
The technical rating of BL is bad and it also does not present a quality setup 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
45.05
65.59
When analyzing the support we notice one important area.
- Support @45.51 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- Resistance @64.94 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.49
Mansfield-1.86
10 Day High65.51
10 Day Low48.75
20 Day High66.25
20 Day Low48.75
52 Week High69.31
52 Week Low43.37
Performance
1 Week-6.05%
2 Weeks-24.61%
1 Month-18.78%
3 Month-21.69%
6 Month-3.4%
12 Month-13.39%
2 Year-28.17%
3 Year-34.8%
5 Year-21.53%
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)-1.55
RSI(14)24.64
LBB43.8
UBB71.47
49.1
-0.22 (-0.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-0.45%
1 Week-6.05%
2 Weeks-24.61%
1 Month-18.78%
3 Month-21.69%
6 Month-3.4%
12 Month-13.39%
2 Year-28.17%
3 Year-34.8%
5 Year-21.53%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.21
ATR(20)%4.65%
ATR Inc-51.58%
Range Today0.96
ADR(20)1.82
ADR(20)%3.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.49
Mansfield-1.86
10 Day High65.51
10 Day Low48.75
20 Day High66.25
20 Day Low48.75
52 Week High69.31
52 Week Low43.37
CS1 End45.51
CR1 Start64.94
Volume & EV
DER(3)1.48%
DER(5)1.17%
Volume1.71M
Volume Incr49.22%
Vol(5)1.18M
Vol(50)703.84K