Canada - Toronto Stock Exchange - TSX:BLN - CA0923821007 - Common Stock
Taking everything into account, BLN scores 0 out of 10 in our technical rating. 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.
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 a resistance zone just above the current price starting at 6.91. Right above this resistance zone may be a good entry point.
6.44
When analyzing the resistance we notice one important area.
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 | 15.84 | NEGATIVE | BLN.CA has a low relative strength, it was outperformed by 84.16% 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) | 40.49 | 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, although the MACD value is rising. |
| Stochastics (14,3) | 12.3 | OVERSOLD | The low Stochastics value suggests BLN.CA may be oversold. |
| Average True Range in percent/ATR (20) | 3.42 | MEDIUM VOLATILITY | The ATR as a percentage value for BLN.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 28.8 | POSITIVE | The high ADX value value for BLN.CA suggests a strong trend. |
TSX:BLN (1/5/2026, 7:00:00 PM)
6.5
+0.13 (+2.04%)
ChartMill assigns a technical rating of 0 / 10 to BLN.CA.
The current trend direction for BLACKLINE SAFETY CORP (BLN.CA) is Bearish.
BLACKLINE SAFETY CORP (BLN.CA) has an RSI value of 40.4918. This indicates that the stock is currently neutral.
The short term momentum for BLACKLINE SAFETY CORP (BLN.CA) is negative.
BLACKLINE SAFETY CORP (BLN.CA) has a resistance level at 6.91. Check the full technical report for our detailed analysis of BLN.CA support and resistance levels.