BLACKROCK INC (BLK) Stock Technical Analysis
NYSE:BLK - New York Stock Exchange, Inc. - US09290D1019 - Common Stock - Currency: USD
Taking everything into account, BLK scores 2 out of 10 in our technical rating. Although BLK is scoring some points because its good overall performance in the market in the past year, 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.
BLK is one of the better performing stocks in the Capital Markets industry, it outperforms 79% of 227 stocks in the same industry.
When comparing the yearly performance of all stocks, we notice that BLK is one of the better performing stocks in the market, outperforming 75% of all stocks. However, BLK's most recent performance is quite weak.
BLK is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month BLK has a been trading in the 773.74 - 980.20 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, BLK does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 919.64. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 831.60, a Stop Loss order could be placed below this zone.
More info and screens
807.55
1,064.38
When analyzing the support we notice one important area.
- A support zone ranging from 815.71 to 831.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 919.64 to 933.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @973.49 from a horizontal line in the daily time frame.
- Resistance @989.38 from a horizontal line in the daily time frame.
- Resistance @1053.84 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
CRS75.05
Mansfield0.37
10 Day High904.91
10 Day Low799.15
20 Day High980.2
20 Day Low773.74
52 Week High1084.22
52 Week Low748.78
Performance
1 Week-0.31%
2 Weeks8.53%
1 Month-7.92%
3 Month-13.06%
6 Month-8.92%
12 Month16.3%
2 Year32.18%
3 Year42.03%
5 Year76.72%
10 Year143.78%
15 Year382.19%
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)1.61
RSI(14)47.22
LBB797.95
UBB945.07
887.22
+33.22 (+3.89%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg3.89%
1 Week-0.31%
2 Weeks8.53%
1 Month-7.92%
3 Month-13.06%
6 Month-8.92%
12 Month16.3%
2 Year32.18%
3 Year42.03%
5 Year76.72%
10 Year143.78%
15 Year382.19%
Volatility
ATR(14)48.78
ATR(20)%4.57%
ATR Inc-33.02%
Range Today23.96
ADR(20)35.71
ADR(20)%4.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.05
Mansfield0.37
10 Day High904.91
10 Day Low799.15
20 Day High980.2
20 Day Low773.74
52 Week High1084.22
52 Week Low748.78
CS1 End831.6
CR1 Start919.64
Volume & EV
DER(3)0.77%
DER(5)-0.12%
Volume600.70K
Volume Incr-44.25%
Vol(5)677.50K
Vol(50)986.80K