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. Although BLN is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
When comparing the yearly performance of all stocks, we notice that BLN is one of the better performing stocks in the market, outperforming 87% 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 market is still in the middle of its 52 week range, so BLN slightly outperforms the market at the moment.
In the last month BLN has a been trading in the 6.00 - 6.78 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.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
BLN is an average performer in the Electronic Equipment, Instruments & Components industry, it outperforms 50% of 13 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. There is a support zone below the current price at 6.57, a Stop Loss order could be placed below this zone.
More info and screens
4.95
7.08
When analyzing the support we can see 4 important areas.
- A support zone ranging from 6.33 to 6.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 6.14 to 6.19. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @5.24 from a trend line in the weekly time frame.
- Support @5.00 from a trend line in the weekly time frame.
We found 1 important resistance area.
- Resistance @7.01 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.69
Mansfield1.6
10 Day High6.69
10 Day Low6.3
20 Day High6.78
20 Day Low6
52 Week High7.61
52 Week Low3.96
Performance
1 Week1.38%
2 Weeks2.97%
1 Month-2.23%
3 Month-5.59%
6 Month6.63%
12 Month61.92%
2 Year143.17%
3 Year53.61%
5 Year22.49%
10 Year229.5%
15 Year559%
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)
Technical Indicators
MACD(12,26,9)0.02
RSI(14)51.75
LBB6.29
UBB6.74
TSX:BLN (5/1/2025, 7:00:00 PM)
6.59
+0.14 (+2.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg2.17%
1 Week1.38%
2 Weeks2.97%
1 Month-2.23%
3 Month-5.59%
6 Month6.63%
12 Month61.92%
2 Year143.17%
3 Year53.61%
5 Year22.49%
10 Year229.5%
15 Year559%
Volatility
ATR(14)0.18
ATR(20)%3.51%
ATR Inc17.92%
Range Today0.26
ADR(20)0.22
ADR(20)%3.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.69
Mansfield1.6
10 Day High6.69
10 Day Low6.3
20 Day High6.78
20 Day Low6
52 Week High7.61
52 Week Low3.96
CS1 End6.57
CR1 Start7.01
Volume & EV
DER(3)-4.07%
DER(5)-2.5%
Volume66.22K
Volume Incr-28.62%
Vol(5)46.88K
Vol(50)72.20K