(BL) Blackline Inc complete technical analysis [charts+indicators] | Buy/Sell Blackline Inc | (BL) share price targets
Complete technical analysis of Blackline Inc (BL) by charts plus indicators, forecast predictions and share price targets for Blackline Inc (BL)
Blackline Inc trades in USA in Technology sector.
Showing technical analysis as on 2024-02-20 View latest technical analysis
10 day averaged volume of Blackline Inc is 861250
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Tue Feb 2024 | 57.45 | 56.65 | 57.69 | 56.64 | 0.702 times |
| 16 Fri Feb 2024 | 57.61 | 59.74 | 59.74 | 57.55 | 0.603 times |
| 15 Thu Feb 2024 | 60.12 | 59.55 | 60.15 | 57.72 | 0.794 times |
| 14 Wed Feb 2024 | 58.57 | 53.25 | 61.14 | 53.25 | 2.738 times |
| 13 Tue Feb 2024 | 58.30 | 57.96 | 59.52 | 57.41 | 1.874 times |
| 12 Mon Feb 2024 | 60.84 | 62.07 | 62.56 | 60.64 | 0.956 times |
| 09 Fri Feb 2024 | 61.94 | 62.43 | 62.71 | 61.25 | 0.543 times |
| 08 Thu Feb 2024 | 61.75 | 60.20 | 61.77 | 59.41 | 0.682 times |
| 07 Wed Feb 2024 | 60.24 | 60.12 | 60.62 | 59.36 | 0.696 times |
| 06 Tue Feb 2024 | 59.91 | 58.52 | 60.32 | 58.11 | 0.617 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 57, for a target of 58.6 or 59.94
Share price targets for Blackline Inc (BL)
| Target Type | Value |
| Downside Target | 47.33 |
| Downside Target | 53.25 |
| Downside Target | 55.24 |
| Downside Target | 56.64 |
| Upside Target | 59.56 |
| Upside Target | 62.37 |
| Upside Target | 62.38 |
| Upside Target | 62.56 |
| Upside Target | 62.71 |
| Upside Target | 64.98 |
Intraday share price targets for Blackline Inc (BL)
| Target Type | Value |
| Downside Intraday Target | 56.83 |
| Downside Intraday Target | 56.21 |
| Upside Intraday Target | 57.88 |
| Upside Intraday Target | 58.31 |
| Downside Intraday Target | 57.26 |
Weekly technical analysis of Blackline Inc (BL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Tue Feb 2024 | 57.45 | 56.65 | 57.69 | 56.64 | 0.101 times |
| 16 Fri Feb 2024 | 57.61 | 62.07 | 62.56 | 53.25 | 2.294 times |
| 09 Fri Feb 2024 | 61.94 | 59.71 | 62.71 | 57.94 | 1.136 times |
| 02 Fri Feb 2024 | 60.30 | 59.86 | 62.38 | 58.39 | 1.168 times |
| 26 Fri Jan 2024 | 59.95 | 60.78 | 62.37 | 59.72 | 0.803 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Blackline Inc (BL)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 20 Tue Feb 2024 | 57.45 | 58.95 | 62.71 | 53.25 | 0.98 times |
| 31 Wed Jan 2024 | 58.68 | 60.58 | 62.38 | 55.24 | 1.024 times |
| 29 Fri Dec 2023 | 62.44 | 57.83 | 64.98 | 57.60 | 0.838 times |
| 30 Thu Nov 2023 | 57.85 | 48.86 | 59.56 | 47.33 | 1.191 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Blackline Inc (BL)
Price action analysis of Blackline Inc ( (BL) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Blackline Inc ( (BL) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Blackline Inc ( (BL) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Blackline Inc ( (BL) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
ADX buy sell signal for Blackline Inc stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Blackline Inc in short term and the sell signal is strong.
Blackline Inc Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Blackline Inc in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Blackline Inc is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 59.31 and Blackline Inc (BL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Blackline Inc (BL) stock. Volume based technical analysis of Blackline Inc (BL) stock is negative.
Blackline Inc Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Blackline Inc ( (BL) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Blackline Inc ( (BL) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Blackline Inc ( (BL) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Blackline Inc ( (BL) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
ADX buy sell signal for Blackline Inc stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Blackline Inc in short term and the sell signal is strong.
Blackline Inc Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Blackline Inc in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Blackline Inc is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 59.31 and Blackline Inc (BL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Blackline Inc (BL) stock. Volume based technical analysis of Blackline Inc (BL) stock is negative.
Blackline Inc Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.