BLACKROCK INC (BLK) Technical Analysis
NYSE:BLK • US09290D1019
Current stock price
BLK Technical Rating and Analysis
Overall BLK gets a technical rating of 1 out of 10. BLK's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 70% of all other stocks performed better in the past year than BLK.
- In the last month BLK has a been trading in the 917.39 - 992.13 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- BLK is part of the Capital Markets industry. There are 239 other stocks in this industry, BLK did better than 56% of them.
- 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
BLK has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 932.39, a Stop Loss order could be placed below this zone.
More info and screens
BLK Support and Resistance Analysis
913.66
We found 1 important support area.
- A support zone ranging from 922.89 to 932.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 961.34 to 966.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1021.72 to 1030.56. 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.
- Resistance @1130.53 from a trend line 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 | 30.87 | NEUTRAL | BLK is not amongst the best or worst performers 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) | 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) | 43.02 | NEUTRAL | The RSI value for BLK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 4.51 | POSITIVE | The MACD value suggests BLK has a positive trend. |
| Stochastics (14,3) | 52.9 | NEUTRAL | The Stochastics value for BLK is a neutral value. |
| Average True Range in percent/ATR (20) | 2.77 | MEDIUM VOLATILITY | The ATR as a percentage value for BLK suggests some volalility. |
| Average Directional Index/ADX (14) | 29.61 | POSITIVE | The high ADX value value for BLK suggests a strong trend. |
BLK Chart- and CandleStick Pattern Analysis
BLK Technicals: Chart, Performance Metrics, Trend & Indicators
959.41
-7.15 (-0.74%)
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 43.0238. 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 932.39 and a resistance level at 961.34. Check the full technical report for our detailed analysis of BLK support and resistance levels.