(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 2024-08-30 View latest technical analysis
10 day averaged volume of Blackline Inc is 809760
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Fri Aug 2024 | 49.55 | 49.89 | 50.25 | 49.18 | 0.912 times |
| 30 Fri Aug 2024 | 49.55 | 49.89 | 50.25 | 49.18 | 0.912 times |
| 29 Thu Aug 2024 | 49.79 | 49.72 | 50.21 | 49.40 | 1.257 times |
| 28 Wed Aug 2024 | 49.26 | 49.73 | 50.12 | 48.90 | 0.926 times |
| 27 Tue Aug 2024 | 49.95 | 49.98 | 50.43 | 49.84 | 0.716 times |
| 26 Mon Aug 2024 | 50.25 | 50.91 | 51.22 | 50.20 | 1.123 times |
| 23 Fri Aug 2024 | 50.83 | 50.00 | 50.98 | 49.54 | 0.902 times |
| 22 Thu Aug 2024 | 49.50 | 50.90 | 51.38 | 49.44 | 0.869 times |
| 21 Wed Aug 2024 | 50.90 | 51.70 | 52.08 | 50.59 | 1.546 times |
| 20 Tue Aug 2024 | 51.59 | 52.49 | 52.50 | 51.56 | 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 48.7 as stoploss in an intra day buy trade for a target of 50.42. However, stock will show a bearish move below 48.7.
Share price targets for Blackline Inc (BL)
| Target Type | Value |
| Downside Target | 43.37 |
| Downside Target | 45.75 |
| Downside Target | 47.26 |
| Downside Target | 48.90 |
| Upside Target | 51.22 |
| Upside Target | 52.15 |
| Upside Target | 52.50 |
| Upside Target | 52.84 |
| Upside Target | 56.49 |
| Upside Target | 63.31 |
| Upside Target | 69.09 |
Intraday share price targets for Blackline Inc (BL)
| Target Type | Value |
| Downside Intraday Target | 49.07 |
| Downside Intraday Target | 48.59 |
| Upside Intraday Target | 50.14 |
| Upside Intraday Target | 50.73 |
| Upside Intraday Target | 49.66 |
Weekly technical analysis of Blackline Inc (BL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Fri Aug 2024 | 49.55 | 49.89 | 50.25 | 49.18 | 0.185 times |
| 30 Fri Aug 2024 | 49.55 | 50.91 | 51.22 | 48.90 | 0.974 times |
| 23 Fri Aug 2024 | 50.83 | 51.73 | 52.50 | 49.44 | 1.072 times |
| 16 Fri Aug 2024 | 51.56 | 51.53 | 52.84 | 50.76 | 0.571 times |
| 09 Fri Aug 2024 | 51.66 | 43.90 | 52.15 | 43.37 | 2.091 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 |
| 30 Fri Aug 2024 | 49.55 | 47.58 | 52.84 | 43.37 | 1.1 times |
| 31 Wed Jul 2024 | 47.52 | 48.08 | 49.21 | 45.75 | 0.812 times |
| 28 Fri Jun 2024 | 48.45 | 48.25 | 49.82 | 43.80 | 0.928 times |
| 31 Fri May 2024 | 47.72 | 58.00 | 63.31 | 47.26 | 1.586 times |
Scroll below to view daily charts
Price has moved up 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Blackline Inc stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Blackline Inc in short term but the sell signal is initial and weak.
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 green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Blackline Inc in short term
RSI is generating a BUY signal in short term but buying is losing 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 50.17 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 positive
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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Blackline Inc stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Blackline Inc in short term but the sell signal is initial and weak.
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 green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Blackline Inc in short term
RSI is generating a BUY signal in short term but buying is losing 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 50.17 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.