(BL) Blackline Inc complete technical analysis [charts+indicators] | Buy/Sell Blackline Inc | (BL) share price targets
Complete technical analysis of Blackline Inc (BL) by charts plus indicators, forecast predictions and share price targets for Blackline Inc (BL)
Blackline Inc trades in USA in Technology sector.
Showing technical analysis as on 2024-06-03 View latest technical analysis
10 day averaged volume of Blackline Inc is 1706176
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Mon Jun 2024 | 46.99 | 48.25 | 48.48 | 46.75 | 0.544 times |
| 31 Fri May 2024 | 47.72 | 48.05 | 48.09 | 47.26 | 0.555 times |
| 30 Thu May 2024 | 47.74 | 48.73 | 48.77 | 47.37 | 0.564 times |
| 29 Wed May 2024 | 48.86 | 48.60 | 49.69 | 48.00 | 0.814 times |
| 28 Tue May 2024 | 48.72 | 50.04 | 50.19 | 48.35 | 0.996 times |
| 23 Thu May 2024 | 50.62 | 52.15 | 52.26 | 50.02 | 0.989 times |
| 22 Wed May 2024 | 52.02 | 52.45 | 52.85 | 51.87 | 3.364 times |
| 21 Tue May 2024 | 52.67 | 55.43 | 55.65 | 52.60 | 2.008 times |
| 20 Mon May 2024 | 57.88 | 58.28 | 58.40 | 57.28 | 0.241 times |
| 17 Fri May 2024 | 58.46 | 59.12 | 59.51 | 58.06 | 0.224 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 50.3, but if it comes above 50.3, then a intra day buy could be more profitable.
If you take a sell trade below 50.3, then use 50.3 as stoploss and 44.3 as target. However if you take a buy trade in stock , then use 50.3 as stoploss and 55.21 as target.
Share price targets for Blackline Inc (BL)
| Target Type | Value |
| Downside Target | 46.75 |
| Upside Target | 48.48 |
| Upside Target | 50.02 |
| Upside Target | 53.25 |
| Upside Target | 56.49 |
| Upside Target | 58.40 |
| Upside Target | 59.62 |
| Upside Target | 62.71 |
| Upside Target | 63.31 |
| Upside Target | 69.09 |
| Upside Target | 69.31 |
Intraday share price targets for Blackline Inc (BL)
| Target Type | Value |
| Downside Intraday Target | 46.33 |
| Downside Intraday Target | 45.68 |
| Upside Intraday Target | 48.06 |
| Upside Intraday Target | 49.14 |
| Upside Intraday Target | 47.41 |
Weekly technical analysis of Blackline Inc (BL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Mon Jun 2024 | 46.99 | 48.25 | 48.48 | 46.75 | 0.186 times |
| 31 Fri May 2024 | 47.72 | 50.04 | 50.19 | 47.26 | 0.444 times |
| 23 Thu May 2024 | 50.62 | 58.28 | 58.40 | 50.02 | 4.629 times |
| 17 Fri May 2024 | 58.46 | 58.76 | 59.62 | 57.75 | 0.575 times |
| 10 Fri May 2024 | 58.22 | 61.21 | 63.31 | 57.83 | 1.13 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Blackline Inc (BL)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 03 Mon Jun 2024 | 46.99 | 48.25 | 48.48 | 46.75 | 0.037 times |
| 31 Fri May 2024 | 47.72 | 58.00 | 63.31 | 47.26 | 1.586 times |
| 30 Tue Apr 2024 | 58.05 | 64.90 | 69.09 | 56.49 | 0.461 times |
| 28 Thu Mar 2024 | 64.58 | 57.01 | 69.31 | 56.64 | 2.498 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Blackline Inc (BL)
Price action analysis of Blackline Inc ( (BL) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Blackline Inc ( (BL) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Blackline Inc ( (BL) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Blackline Inc ( (BL) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Blackline Inc stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Blackline Inc in short term and the sell signal is strong.
Blackline Inc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Blackline Inc in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Blackline Inc is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 50.99 and Blackline Inc (BL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Blackline Inc (BL) stock. Volume based technical analysis of Blackline Inc (BL) stock is negative.
Blackline Inc Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Blackline Inc ( (BL) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Blackline Inc ( (BL) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Blackline Inc ( (BL) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Blackline Inc ( (BL) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Blackline Inc stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Blackline Inc in short term and the sell signal is strong.
Blackline Inc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Blackline Inc in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Blackline Inc is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 50.99 and Blackline Inc (BL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Blackline Inc (BL) stock. Volume based technical analysis of Blackline Inc (BL) stock is negative.
Blackline Inc Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.