BLACKLINE SAFETY CORP (BLN.CA) Stock Technical Analysis
Canada - TSX:BLN - CA0923821007 - Common Stock
7.38 CAD
+0.02 (+0.27%)
We assign a technical rating of 7 out of 10 to BLN. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BLN is only an average performer.
The long and short term trends are both positive. This is looking good!
BLN is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BLN is lagging the market slightly.
In the last month BLN has a been trading in the 6.84 - 7.58 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, BLN outperforms 55% 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 58% of 13 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
BLN has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 7.25, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BLN in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
6.20
7.94
4 important support areas can be observed.
- A support zone ranging from 7.19 to 7.25. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 6.98 to 7.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.40 from a horizontal line in the daily time frame.
- Support @6.26 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 7.86 to 7.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 55.35 | 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) | UP | POSITIVE | The current price of BLN.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.9 | NEUTRAL | The RSI value for BLN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests BLN.CA has a positive trend. |
| Stochastics (14,3) | 71.16 | NEUTRAL | The Stochastics value for BLN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.8 | MEDIUM VOLATILITY | The ATR as a percentage value for BLN.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 29.58 | POSITIVE | The high ADX value value for BLN.CA suggests a strong trend. |
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)
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 |
|---|---|---|---|
| 7.59 | 7.18 | 0.41 (5.40%) | 18.51% |
| An entry @7.59. This is a Buy Stop order right above the 10 day high. | An exit @7.18. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.41 points, which is 5.40%. | For a 1.00% total portfolio risk, you can invest 18.51% of your capital in this trade. |
- 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.
TSX:BLN (10/3/2025, 7:00:00 PM)
7.38
+0.02 (+0.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg0.27%
1 Week4.53%
2 Weeks3.51%
1 Month0%
3 Month3.8%
6 Month16.04%
12 Month22.8%
2 Year126.38%
3 Year361.25%
5 Year19.03%
10 Year260%
15 Year392%
Volatility
ATR(14)0.24
ATR(20)%3.8%
ATR Inc-22.76%
Range Today0.18
ADR(20)0.26
ADR(20)%3.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.35
Mansfield-0.28
10 Day High7.58
10 Day Low7.01
20 Day High7.58
20 Day Low6.84
52 Week High7.97
52 Week Low5.98
CS1 End7.25
CR1 Start7.86
Volume & EV
DER(3)5.45%
DER(5)5.48%
Volume24.80K
Volume Incr-68.08%
Vol(5)36.63K
Vol(50)83.50K