BLACKLINE SAFETY CORP (BLN.CA) Stock Technical Analysis
TSX:BLN - Toronto Stock Exchange - CA0923821007 - Common Stock - Currency: CAD
Overall BLN gets a technical rating of 5 out of 10. BLN was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
In the last month BLN has a been trading in the 6.98 - 7.45 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.
Looking at the yearly performance, BLN did better than 80% of all other stocks.
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.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
BLN is an average performer in the Electronic Equipment, Instruments & Components industry, it outperforms 57% of 15 stocks in the same industry.
BLN has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
5.28
7.94
We found 6 important support areas.
- Support @6.96 from a trend line in the weekly time frame.
- Support @6.81 from a trend line in the daily time frame.
- Support @6.51 from a trend line in the daily time frame.
- A support zone ranging from 6.33 to 6.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 6.14 to 6.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.33 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 7.11 to 7.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | DOWN | NEGATIVE | The short term trend for BLN.CA is down. |
| ChartMill Relative Strength | 80.49 | POSITIVE | BLN.CA has a high relative strength, it outperformed 80.49% 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) | UP | MIXED | The current price of BLN.CA is below 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) | 36.62 | 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, although the MACD value is rising. |
| Stochastics (14,3) | 4.26 | OVERSOLD | The low Stochastics value suggests BLN.CA may be oversold. |
| Average True Range in percent/ATR (20) | 1.99 | LOW VOLATILITY | The low ATR as a percentage value for BLN.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 11.2 | NEGATIVE | The low ADX value for BLN.CA suggests a weak or negative 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)
TSX:BLN (7/11/2025, 7:00:00 PM)
7.01
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg0%
1 Week-1.41%
2 Weeks-2.64%
1 Month-3.58%
3 Month3.85%
6 Month2.49%
12 Month58.24%
2 Year79.74%
3 Year214.35%
5 Year13.98%
10 Year243.63%
15 Year601%
Volatility
ATR(14)0.11
ATR(20)%1.99%
ATR Inc-32.96%
Range Today0.05
ADR(20)0.14
ADR(20)%1.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.49
Mansfield0.21
10 Day High7.29
10 Day Low6.98
20 Day High7.45
20 Day Low6.98
52 Week High7.97
52 Week Low4.4
CS1 End6.96
CR1 Start7.11
Volume & EV
DER(3)1.03%
DER(5)0.94%
Volume2.79K
Volume Incr-32.48%
Vol(5)29.49K
Vol(50)45.05K