BLACKLINE SAFETY CORP (BLN.CA) Stock Technical Analysis
TSX:BLN - CA0923821007 - Common Stock
7.38 CAD
+0.11 (+1.51%)
Taking everything into account, BLN scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BLN is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that BLN is one of the better performing stocks in the market, outperforming 74% of all stocks. We also observe that the gains produced by BLN over the past year are nicely spread over this period.
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 5.98 - 7.48 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
BLN is part of the Electronic Equipment, Instruments & Components industry. There are 13 other stocks in this industry, BLN did better than 50% of them.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although BLN has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
6.04
7.94
3 important support areas can be observed.
- A support zone ranging from 6.82 to 6.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 6.40 to 6.45. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 6.10 to 6.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 74.82 | POSITIVE | BLN.CA has a high relative strength, it outperformed 74.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BLN.CA is above the rising 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) | 74.36 | OVERBOUGHT | The high RSI value suggests BLN.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests BLN.CA has a positive trend. |
| Stochastics (14,3) | 93.98 | OVERBOUGHT | The high Stochastics value suggests BLN.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.66 | MEDIUM VOLATILITY | The ATR as a percentage value for BLN.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 35.06 | 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)
TSX:BLN (9/5/2025, 7:00:00 PM)
7.38
+0.11 (+1.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg1.51%
1 Week6.8%
2 Weeks10.64%
1 Month16.77%
3 Month-5.99%
6 Month10.07%
12 Month58.71%
2 Year132.81%
3 Year331.58%
5 Year20.2%
10 Year305.5%
15 Year638%
Volatility
ATR(14)0.21
ATR(20)%2.66%
ATR Inc-0.36%
Range Today0.24
ADR(20)0.17
ADR(20)%2.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.82
Mansfield0.1
10 Day High7.48
10 Day Low6.79
20 Day High7.48
20 Day Low5.98
52 Week High7.97
52 Week Low4.66
CS1 End6.9
CR1 Start7.86
Volume & EV
DER(3)2.3%
DER(5)6.07%
Volume68.24K
Volume Incr48.54%
Vol(5)104.54K
Vol(50)68.99K