BRIDGELINE DIGITAL INC (BLIN) Stock Technical Analysis
NASDAQ:BLIN - Nasdaq - US10807Q7007 - Common Stock - Currency: USD
Overall BLIN gets a technical rating of 4 out of 10. Although BLIN 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.
In the last month BLIN has a been trading in the 1.41 - 1.74 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the yearly performance of all stocks, we notice that BLIN is one of the better performing stocks in the market, outperforming 80% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
BLIN is an average performer in the Software industry, it outperforms 69% of 282 stocks in the same industry.
BLIN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BLIN is lagging the market.
Volume is considerably higher in the last couple of days.
Although the technical rating is only medium, BLIN does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 1.45, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BLIN 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
0.85
2.11
2 important support areas can be observed.
- A support zone ranging from 1.38 to 1.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.86 from a trend line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 1.50 to 1.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.55 from a horizontal line in the daily time frame.
- Resistance @1.97 from a trend line in the daily time frame.
- Resistance @2.09 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for BLIN is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BLIN is neutral. |
| ChartMill Relative Strength | 80.26 | POSITIVE | BLIN has a high relative strength, it outperformed 80.26% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BLIN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BLIN is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of BLIN is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.16 | NEUTRAL | The RSI value for BLIN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests BLIN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.27 | OVERSOLD | The low Stochastics value suggests BLIN may be oversold. |
| Average True Range in percent/ATR (20) | 6.54 | HIGH VOLATILITY | The high ATR as a percentage value for BLIN suggests high volalility. |
| Average Directional Index/ADX (14) | 28.29 | POSITIVE | The high ADX value value for BLIN suggests a strong trend. |
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)
NASDAQ:BLIN (8/6/2025, 2:10:55 PM)
1.5
+0.04 (+2.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg2.74%
1 Week-0.68%
2 Weeks-0.68%
1 Month0.69%
3 Month-25.89%
6 Month-20.65%
12 Month66.5%
2 Year62.2%
3 Year-1.68%
5 Year-29.13%
10 Year-99.57%
15 Year-99.98%
Volatility
ATR(14)0.11
ATR(20)%6.54%
ATR Inc-25.02%
Range Today0.07
ADR(20)0.09
ADR(20)%6.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.26
Mansfield-0.51
10 Day High1.65
10 Day Low1.42
20 Day High1.74
20 Day Low1.41
52 Week High2.8
52 Week Low0.8
CS1 End1.45
CR1 Start1.47
Volume & EV
DER(3)4.35%
DER(5)-0.67%
Volume8.17K
Volume Incr23.87%
Vol(5)70.72K
Vol(50)45.57K