(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 2024-02-29 View latest technical analysis
10 day averaged volume of Blackline Inc is 694400
Date | Daily Closing Price | Open | High | Low | Volume |
29 Thu Feb 2024 | 56.73 | 57.50 | 57.68 | 56.18 | 0.88 times |
28 Wed Feb 2024 | 56.69 | 56.56 | 57.00 | 56.36 | 0.399 times |
27 Tue Feb 2024 | 57.06 | 57.31 | 57.50 | 56.46 | 0.668 times |
26 Mon Feb 2024 | 56.84 | 56.40 | 57.38 | 56.12 | 0.557 times |
23 Fri Feb 2024 | 56.69 | 56.74 | 57.09 | 56.32 | 0.464 times |
22 Thu Feb 2024 | 56.72 | 56.75 | 57.20 | 56.06 | 0.667 times |
21 Wed Feb 2024 | 56.27 | 56.15 | 56.82 | 55.49 | 1.245 times |
20 Tue Feb 2024 | 57.45 | 56.65 | 57.69 | 56.64 | 0.871 times |
16 Fri Feb 2024 | 57.61 | 59.74 | 59.74 | 57.55 | 0.748 times |
15 Thu Feb 2024 | 60.12 | 59.55 | 60.15 | 57.72 | 0.985 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 56.8, but if it comes above 56.8, then a intra day buy could be more profitable.
If you take a sell trade below 56.8, then use 56.8 as stoploss and 54.6 as target. However if you take a buy trade in stock , then use 56.8 as stoploss and 58.65 as target.
Share price targets for Blackline Inc (BL)
Target Type | Value |
Downside Target | 47.33 |
Downside Target | 53.25 |
Downside Target | 55.24 |
Upside Target | 58.39 |
Upside Target | 59.56 |
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 | 56.01 |
Downside Intraday Target | 55.28 |
Upside Intraday Target | 57.57 |
Upside Intraday Target | 58.4 |
Upside Intraday Target | 56.84 |
Weekly technical analysis of Blackline Inc (BL)
Date | Weekly Closing Price | Open | High | Low | Volume |
29 Thu Feb 2024 | 56.73 | 56.40 | 57.68 | 56.12 | 0.771 times |
23 Fri Feb 2024 | 56.69 | 56.65 | 57.69 | 55.49 | 0.376 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 |
Price has moved up 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 |
29 Thu Feb 2024 | 56.73 | 58.95 | 62.71 | 53.25 | 1.299 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Blackline Inc ( (BL) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Blackline Inc stock for short term is SELL. Signal strength is Strong and stock is losing 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. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Blackline Inc in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Blackline Inc is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 57.3 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Blackline Inc ( (BL) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Blackline Inc stock for short term is SELL. Signal strength is Strong and stock is losing 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. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Blackline Inc in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Blackline Inc is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 57.3 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.