BLACKLINE INC (BL)
US09239B1098 - Common Stock
Overall BL gets a technical rating of 2 out of 10. BL has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month BL has a been trading in the 56.49 - 69.09 range, which is quite wide. It is currently trading near the lows of this range.
BL has an average volume of 1080180 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the performance of all stocks over the past year, BL turns out to be only a medium performer in the overall market: it outperformed 58% of all stocks.
BL is part of the Software industry. There are 276 other stocks in this industry, BL did better than 55% of them.
BL is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BL is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
BL has a bad 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 57.77, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BL in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
55.14
76.57
We found 2 important support areas.
- A support zone ranging from 57.36 to 57.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 55.70 to 55.71. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 61.22 to 62.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @65.91 from a trend line in the weekly time frame.
- Resistance @67.01 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 68.65 to 68.65. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @75.81 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.51
Mansfield-0.34
10 Day High63.66
10 Day Low56.49
20 Day High69.09
20 Day Low56.49
52 Week High69.31
52 Week Low47.27
Performance
1 Week6.03%
2 Weeks-4.27%
1 Month-5.81%
3 Month1.47%
6 Month24.14%
12 Month9.19%
2 Year-9.28%
3 Year-47.59%
5 Year19.09%
10 YearN/A
15 YearN/A
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)-0.21
RSI(14)48.33
LBB54.94
UBB67.2
BLACKLINE INC
NASDAQ:BL (4/26/2024, 7:00:00 PM)
After market: 60.83 0 (0%)60.83
+1.94 (+3.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg3.29%
1 Week6.03%
2 Weeks-4.27%
1 Month-5.81%
3 Month1.47%
6 Month24.14%
12 Month9.19%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.38
ATR(20)%3.9%
ATR Inc
Range Today1.91
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 High63.66
10 Day Low56.49
20 Day High69.09
20 Day Low56.49
52 Week High69.31
52 Week Low47.27
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume592.70K
Volume Incr-23.53%
Vol(5)559.34K
Vol(50)1.08M