BLACKLINE SAFETY CORP (BLN.CA) Technical Analysis
TSX:BLN • CA0923821007
Current stock price
BLN.CA Technical Rating and Analysis
Overall BLN gets a technical rating of 7 out of 10. Although BLN is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Both the short term and long term trends are positive. This is a very positive sign.
- In the last month BLN has a been trading in the 6.22 - 7.35 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been consolidating recently, this may present a good entry opportunity.
- Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
- When compared to the yearly performance of all other stocks, BLN outperforms 51% of them, which is more or less in line with the market.
- BLN is an average performer in the Electronic Equipment, Instruments & Components industry, it outperforms 42% of 15 stocks in the same industry.
- BLN 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 BLN is lagging the market slightly.
BLN.CA Weekly and Daily overview Charts
BLN.CA Setup Rating and Analysis
BLN has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 7.11. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 7.05, a Stop Loss order could be placed below this zone.
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BLN.CA Support and Resistance Analysis
5.94
When analyzing the support we can see 3 important areas.
- A support zone ranging from 6.95 to 7.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.13 from a trend line in the weekly time frame.
- A support zone ranging from 6.00 to 6.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Strong resistance @7.11 from a horizontal line in the daily time frame.
- Resistance @7.34 from a horizontal line in the daily time frame.
BLN.CA 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 | UP | POSITIVE | The long term trend for BLN.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BLN.CA is up. |
| ChartMill Relative Strength | 51.11 | NEUTRAL | BLN.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BLN.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BLN.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BLN.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.23 | NEUTRAL | The RSI value for BLN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests BLN.CA has a negative trend. |
| Stochastics (14,3) | 73.14 | NEUTRAL | The Stochastics value for BLN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.79 | MEDIUM VOLATILITY | The ATR as a percentage value for BLN.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 21.83 | NEUTRAL | The ADX value for BLN.CA suggests a possible start of a new trend. |
BLN.CA Chart- and CandleStick Pattern Analysis
BLN.CA Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 7.12 | 6.94 | 0.18 (2.53%) | 25.00% |
| An entry @7.12. This is a Buy Stop order right above the resistance zone. | An exit @6.94. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.18 points, which is 2.53%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.63%. |
- The distance between exit and entry is rather small compared to the average daily movement of BLN. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BLN.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:BLN (4/2/2026, 7:00:00 PM)
7.05
-0.01 (-0.14%)
BLACKLINE SAFETY CORP / BLN.CA TA FAQ
What is the ChartMill technical rating of BLACKLINE SAFETY CORP (BLN.CA) stock?
ChartMill assigns a technical rating of 7 / 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 Bullish.
What is the RSI signal for BLACKLINE SAFETY CORP (BLN.CA) stock?
BLACKLINE SAFETY CORP (BLN.CA) has an RSI value of 55.2291. This indicates that the stock is currently neutral.
What is the MACD signal for BLACKLINE SAFETY CORP (BLN.CA) stock?
The MACD indicator for BLACKLINE SAFETY CORP (BLN.CA) has a value of -0.0196748, indicating a bearish trend.
What is the buy/sell signal for BLACKLINE SAFETY CORP (BLN.CA) stock?
The buy/sell signal for BLACKLINE SAFETY CORP (BLN.CA) is buy as both the short term and long term trends are positive.