BLACKROCK INC (BLK)
US09290D1019 - Common Stock
Overall BLK gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BLK is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that BLK is one of the better performing stocks in the market, outperforming 84% of all stocks. We also observe that the gains produced by BLK over the past year are nicely spread over this period.
BLK is part of the Capital Markets industry. There are 218 other stocks in this industry. BLK outperforms 76% of them.
BLK is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month BLK has a been trading in the 968.95 - 1068.34 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BLK has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 1027.99, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
955.63
1,064.39
We found 2 important support areas.
- A support zone ranging from 1017.34 to 1032.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 965.28 to 981.10. 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.
- A resistance zone ranging from 1038.57 to 1053.85. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS84.01
Mansfield0.87
10 Day High1068.34
10 Day Low1018
20 Day High1068.34
20 Day Low968.95
52 Week High1068.34
52 Week Low724.54
Performance
1 Week-1.82%
2 Weeks-0.78%
1 Month4.47%
3 Month16.44%
6 Month31.47%
12 Month40.8%
2 Year43.58%
3 Year13.64%
5 Year107.72%
10 Year186.29%
15 Year352.7%
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)-2.6
RSI(14)57.46
LBB1001.56
UBB1063.78
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1,053.86 | 1,017.99 | 35.87 (3.40%) | 25.00% |
| An entry @1053.86. This is a Buy Stop order right above the resistance zone. | An exit @1017.99. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 35.87 points, which is 3.40%. | For a 0.85% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BLACKROCK INC
NYSE:BLK (11/22/2024, 10:46:00 AM)
1037.5
+9.5 (+0.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg0.92%
1 Week-1.82%
2 Weeks-0.78%
1 Month4.47%
3 Month16.44%
6 Month31.47%
12 Month40.8%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)22.59
ATR(20)%1.98%
ATR Inc
Range Today9.32
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 High1068.34
10 Day Low1018
20 Day High1068.34
20 Day Low968.95
52 Week High1068.34
52 Week Low724.54
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume97.50K
Volume Incr7.01%
Vol(5)577.46K
Vol(50)544.43K