(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 2024-06-13 View latest technical analysis
10 day averaged volume of Blackline Inc is 973380
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Thu Jun 2024 | 45.42 | 46.63 | 46.63 | 44.59 | 1.272 times |
| 12 Wed Jun 2024 | 46.06 | 47.23 | 47.66 | 45.74 | 0.849 times |
| 11 Tue Jun 2024 | 45.81 | 45.49 | 46.32 | 45.05 | 0.705 times |
| 10 Mon Jun 2024 | 45.86 | 45.30 | 46.08 | 44.92 | 1.154 times |
| 07 Fri Jun 2024 | 46.01 | 46.55 | 46.96 | 45.63 | 0.849 times |
| 06 Thu Jun 2024 | 47.14 | 47.56 | 48.06 | 47.01 | 0.888 times |
| 05 Wed Jun 2024 | 47.83 | 47.86 | 48.43 | 47.47 | 1.048 times |
| 04 Tue Jun 2024 | 47.46 | 46.93 | 48.41 | 46.75 | 1.594 times |
| 03 Mon Jun 2024 | 46.99 | 48.25 | 48.48 | 46.75 | 0.954 times |
| 31 Fri May 2024 | 47.72 | 48.05 | 48.09 | 47.26 | 0.972 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 45.4 as stoploss in an intra day buy trade for a target of 50.06. However, stock will show a bearish move below 45.4.
Share price targets for Blackline Inc (BL)
| Target Type | Value |
| Downside Target | 44.59 |
| Upside Target | 45.63 |
| Upside Target | 47.26 |
| Upside Target | 50.02 |
| Upside Target | 53.25 |
| Upside Target | 56.49 |
| Upside Target | 57.75 |
| 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 | 44.12 |
| Downside Intraday Target | 42.82 |
| Upside Intraday Target | 47.19 |
| Upside Intraday Target | 48.96 |
| Upside Intraday Target | 45.89 |
Weekly technical analysis of Blackline Inc (BL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Thu Jun 2024 | 45.42 | 45.30 | 47.66 | 44.59 | 0.746 times |
| 07 Fri Jun 2024 | 46.01 | 48.25 | 48.48 | 45.63 | 1.039 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 |
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 |
| 13 Thu Jun 2024 | 45.42 | 48.25 | 48.48 | 44.59 | 0.36 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Blackline Inc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 46.67 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Blackline Inc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 46.67 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.