BLACKROCK INC (BLK) Technical Analysis
NYSE:BLK • US09290D1019
Current stock price
961.71 USD
+27.65 (+2.96%)
At close:
966.88 USD
+5.17 (+0.54%)
After Hours:
BLK Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to BLK. BLK 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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- In the last month BLK has a been trading in the 917.39 - 1062.99 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.
- BLK is part of the Capital Markets industry. There are 240 other stocks in this industry. BLK outperforms 72% of them.
- When compared to the yearly performance of all other stocks, BLK outperforms 45% of them, which is more or less in line with the market.
- BLK 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 BLK is lagging the market slightly.
BLK Weekly and Daily overview Charts
BLK Setup Rating and Analysis
Although the technical rating is bad, BLK does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
BLK Support and Resistance Analysis
913.66
1,191.06
2 important support areas can be observed.
- Support @958.86 from a trend line in the daily time frame.
- A support zone ranging from 922.89 to 930.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 961.72 to 965.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1029.73 to 1040.44. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 1091.80 to 1093.79. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 1161.16 to 1179.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
BLK Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for BLK is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BLK is down. |
| ChartMill Relative Strength | 45.77 | NEUTRAL | BLK is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BLK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BLK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BLK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.92 | NEUTRAL | The RSI value for BLK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.73 | POSITIVE | The MACD value suggests BLK has a positive trend. |
| Stochastics (14,3) | 34.54 | NEUTRAL | The Stochastics value for BLK is a neutral value. |
| Average True Range in percent/ATR (20) | 3.05 | MEDIUM VOLATILITY | The ATR as a percentage value for BLK suggests some volalility. |
| Average Directional Index/ADX (14) | 30.62 | POSITIVE | The high ADX value value for BLK suggests a strong trend. |
BLK Chart- and CandleStick Pattern Analysis
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)
BLK Technicals: Chart, Performance Metrics, Trend & Indicators
961.71
+27.65 (+2.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg2.96%
1 Week-1.47%
2 Weeks-0.96%
1 Month-8.63%
3 Month-11.37%
6 Month-17.14%
12 Month16.91%
2 Year15.35%
3 Year43.73%
5 Year27.55%
10 Year182.38%
15 Year378.44%
Volatility
ATR(14)26.22
ATR(20)%3.05%
ATR Inc9.02%
Range Today26.55
ADR(20)25.04
ADR(20)%2.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.77
3 months CRS26.33
6 months CRS25.42
Mansfield-0.97
10 Day High992.13
10 Day Low930
20 Day High1062.99
20 Day Low917.39
52 Week High1219.94
52 Week Low773.74
CS1 End958.86
CR1 Start961.72
Volume & EV
DER(3)-0.85%
DER(5)-1.48%
Volume800.20K
Volume Incr-21.22%
Vol(5)820.28K
Vol(50)890.38K
BLACKROCK INC / BLK TA FAQ
Can you provide the ChartMill technical rating for BLACKROCK INC?
ChartMill assigns a technical rating of 1 / 10 to BLK.
What is the current trend direction of BLACKROCK INC (BLK) stock?
The current trend direction for BLACKROCK INC (BLK) is Bearish.
What is the RSI signal for BLK stock?
BLACKROCK INC (BLK) has an RSI value of 42.9203. This indicates that the stock is currently neutral.
What is the buy/sell signal for BLK stock?
The buy/sell signal for BLACKROCK INC (BLK) is sell as both the short term and long term trends are negative.
What is the support and resistance level for BLK stock?
BLACKROCK INC (BLK) has a support level at 958.86 and a resistance level at 961.72. Check the full technical report for our detailed analysis of BLK support and resistance levels.