BLACKLINE SAFETY CORP (BLN.CA) Stock Technical Analysis
TSX:BLN - Toronto Stock Exchange - CA0923821007 - Common Stock - Currency: CAD
Taking everything into account, BLN scores 6 out of 10 in our technical rating. Although BLN 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.
When comparing the yearly performance of all stocks, we notice that BLN is one of the better performing stocks in the market, outperforming 86% of all stocks. On top of that, BLN also shows a nice and consistent pattern of rising prices.
BLN is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so BLN slightly outperforms the market at the moment.
In the last month BLN has a been trading in the 6.00 - 6.78 range, which is quite wide. It is currently trading near the high of this range.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
BLN is part of the Electronic Equipment, Instruments & Components industry. There are 13 other stocks in this industry, BLN did better than 66% of them.
Considerably lower volume is observed in the last couple of days.
BLN has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 6.62, a Stop Loss order could be placed below this zone.
More info and screens
4.92
6.81
4 important support areas can be observed.
- A support zone ranging from 6.33 to 6.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 6.14 to 6.19. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @5.21 from a trend line in the weekly time frame.
- Support @4.97 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 6.66 to 6.74. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS86.71
Mansfield1.95
10 Day High6.78
10 Day Low6.3
20 Day High6.78
20 Day Low6
52 Week High7.61
52 Week Low3.95
Performance
1 Week4.73%
2 Weeks0%
1 Month2.47%
3 Month-4.87%
6 Month6.58%
12 Month60%
2 Year141.46%
3 Year25.76%
5 Year30.2%
10 Year201.82%
15 Year730%
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)0.02
RSI(14)53.28
LBB6.24
UBB6.76
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 |
|---|---|---|---|
| 6.75 | 6.32 | 0.43 (6.37%) | 15.70% |
| An entry @6.75. This is a Buy Stop order right above the resistance zone. | An exit @6.32. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.43 points, which is 6.37%. | For a 1.00% total portfolio risk, you can invest 15.70% 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.
TSX:BLN (4/25/2025, 7:00:00 PM)
6.64
+0.14 (+2.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg2.15%
1 Week4.73%
2 Weeks0%
1 Month2.47%
3 Month-4.87%
6 Month6.58%
12 Month60%
2 Year141.46%
3 Year25.76%
5 Year30.2%
10 Year201.82%
15 Year730%
Volatility
ATR(14)0.24
ATR(20)%3.34%
ATR Inc-49.72%
Range Today0.16
ADR(20)0.21
ADR(20)%3.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.71
Mansfield1.95
10 Day High6.78
10 Day Low6.3
20 Day High6.78
20 Day Low6
52 Week High7.61
52 Week Low3.95
CS1 End6.62
CR1 Start6.66
Volume & EV
DER(3)1.82%
DER(5)2.71%
Volume38.18K
Volume Incr-55.17%
Vol(5)33.92K
Vol(50)70.91K