NYSE:BLK - New York Stock Exchange, Inc. - US09290D1019 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to BLK. Although BLK has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
Although BLK has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
814.38
We found 4 important support areas.
3 important resistance areas can be observed.
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 BLK is neutral. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BLK is up. |
ChartMill Relative Strength | 83.24 | POSITIVE | BLK has a high relative strength, it outperformed 83.24% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BLK is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BLK is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BLK is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 56 | NEUTRAL | The RSI value for BLK is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.11 | POSITIVE | The MACD value suggests BLK has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 67.15 | NEUTRAL | The Stochastics value for BLK is a neutral value. |
Average True Range in percent/ATR (20) | 1.85 | LOW VOLATILITY | The low ATR as a percentage value for BLK suggests low volalility. |
Average Directional Index/ADX (14) | 16.24 | NEGATIVE | The low ADX value for BLK suggests a weak or negative trend. |
963.18
-6.72 (-0.69%)