(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 2024-08-09 View latest technical analysis
10 day averaged volume of Blackline Inc is 973410
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Fri Aug 2024 | 51.66 | 51.29 | 52.15 | 50.81 | 0.771 times |
| 08 Thu Aug 2024 | 51.18 | 49.67 | 51.29 | 49.41 | 1.487 times |
| 07 Wed Aug 2024 | 49.33 | 48.80 | 50.48 | 47.66 | 2.356 times |
| 06 Tue Aug 2024 | 44.09 | 43.73 | 44.47 | 43.54 | 1.196 times |
| 05 Mon Aug 2024 | 43.75 | 43.90 | 44.56 | 43.37 | 1.074 times |
| 02 Fri Aug 2024 | 45.57 | 44.44 | 45.65 | 44.44 | 0.771 times |
| 01 Thu Aug 2024 | 46.17 | 47.58 | 48.01 | 45.82 | 0.75 times |
| 31 Wed Jul 2024 | 47.52 | 47.96 | 48.21 | 47.34 | 0.658 times |
| 30 Tue Jul 2024 | 47.63 | 47.33 | 47.91 | 47.33 | 0.575 times |
| 29 Mon Jul 2024 | 47.52 | 47.84 | 48.16 | 47.35 | 0.539 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 51.6, for a target of 49.3 or 47.48
Share price targets for Blackline Inc (BL)
| Target Type | Value |
| Downside Target | 43.37 |
| Downside Target | 45.75 |
| Downside Target | 48.21 |
| Downside Target | 49.21 |
| Downside Target | 49.82 |
| Upside Target | 52.15 |
| Upside Target | 56.49 |
| Upside Target | 63.31 |
| Upside Target | 69.09 |
Intraday share price targets for Blackline Inc (BL)
| Target Type | Value |
| Downside Intraday Target | 45.97 |
| Downside Intraday Target | 40.28 |
| Upside Intraday Target | 54.75 |
| Upside Intraday Target | 57.84 |
| Downside Intraday Target | 49.06 |
Weekly technical analysis of Blackline Inc (BL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Fri Aug 2024 | 51.66 | 43.90 | 52.15 | 43.37 | 2.091 times |
| 02 Fri Aug 2024 | 45.57 | 47.84 | 48.21 | 44.44 | 0.799 times |
| 26 Fri Jul 2024 | 47.82 | 47.23 | 48.51 | 45.75 | 0.807 times |
| 19 Fri Jul 2024 | 46.77 | 48.30 | 49.21 | 46.10 | 1.297 times |
| 12 Fri Jul 2024 | 47.99 | 48.42 | 48.93 | 46.67 | 2.582 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Blackline Inc (BL)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 09 Fri Aug 2024 | 51.66 | 47.58 | 52.15 | 43.37 | 0.432 times |
| 31 Wed Jul 2024 | 47.52 | 48.08 | 49.21 | 45.75 | 0.812 times |
| 28 Fri Jun 2024 | 48.45 | 48.25 | 49.82 | 43.80 | 0.928 times |
| 31 Fri May 2024 | 47.72 | 58.00 | 63.31 | 47.26 | 1.586 times |
Scroll below to view daily charts
Price has moved up 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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
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 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 mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Blackline Inc stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Blackline Inc in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Blackline Inc Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Blackline Inc in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 47.75 and Blackline Inc (BL) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive returns over a short term period. Returns for a longer term period have been positive
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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
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 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 mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Blackline Inc stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Blackline Inc in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Blackline Inc Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Blackline Inc in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 47.75 and Blackline Inc (BL) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.