BLACKLINE SAFETY CORP (BLN.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:BLN - CA0923821007 - Common Stock
We assign a technical rating of 0 out of 10 to BLN. BLN'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.
- When comparing the yearly performance of all stocks, BLN is a bad performer in the overall market: 88% of all stocks are doing better.
- BLN is part of the Electronic Equipment, Instruments & Components industry. There are 15 other stocks in this industry, of which 71% are performing better than BLN.
- BLN is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month BLN has a been trading in the 6.15 - 7.15 range, which is quite wide. It is currently trading near the lows of this range.
BLN has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
5.93
2 important support areas can be observed.
- Support @6.19 from a horizontal line in the daily time frame.
- A support zone ranging from 5.99 to 6.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Resistance @6.93 from a trend line in the weekly time frame.
- A resistance zone ranging from 7.08 to 7.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.34 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 | DOWN | NEGATIVE | The long term trend for BLN.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BLN.CA is down. |
| ChartMill Relative Strength | 12.38 | NEGATIVE | BLN.CA has a low relative strength, it was outperformed by 87.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BLN.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BLN.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BLN.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.91 | NEUTRAL | The RSI value for BLN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests BLN.CA has a negative trend. |
| Stochastics (14,3) | 25 | NEUTRAL | The Stochastics value for BLN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.94 | MEDIUM VOLATILITY | The ATR as a percentage value for BLN.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 17.38 | NEGATIVE | The low ADX value for BLN.CA suggests a weak or negative trend. |
TSX:BLN (1/23/2026, 7:00:00 PM)
6.3
-0.1 (-1.56%)
BLACKLINE SAFETY CORP / BLN.CA FAQ
What is the ChartMill technical rating of BLACKLINE SAFETY CORP (BLN.CA) stock?
ChartMill assigns a technical rating of 0 / 10 to BLN.CA.
What is the current trend direction of BLACKLINE SAFETY CORP (BLN.CA) stock?
The current trend direction for BLACKLINE SAFETY CORP (BLN.CA) is Bearish.
What is the RSI signal for BLN stock?
BLACKLINE SAFETY CORP (BLN.CA) has an RSI value of 40.9072. This indicates that the stock is currently neutral.
What is the short term momentum for BLN stock?
The short term momentum for BLACKLINE SAFETY CORP (BLN.CA) is negative.
What are the support and resistance levels for BLACKLINE SAFETY CORP (BLN.CA) stock?
BLACKLINE SAFETY CORP (BLN.CA) has a support level at 6.19 and a resistance level at 6.93. Check the full technical report for our detailed analysis of BLN.CA support and resistance levels.