(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.
10 day averaged volume of Blackline Inc is 781890
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Fri May 2024 | 58.22 | 59.12 | 59.12 | 57.83 | 0.968 times |
| 09 Thu May 2024 | 58.99 | 59.33 | 59.87 | 58.47 | 1.063 times |
| 08 Wed May 2024 | 59.51 | 59.25 | 63.31 | 59.16 | 1.58 times |
| 07 Tue May 2024 | 60.43 | 60.83 | 60.95 | 59.88 | 0.866 times |
| 06 Mon May 2024 | 60.71 | 61.21 | 61.41 | 60.07 | 0.94 times |
| 03 Fri May 2024 | 60.91 | 60.81 | 61.90 | 59.69 | 0.864 times |
| 02 Thu May 2024 | 59.69 | 59.00 | 59.79 | 57.80 | 0.98 times |
| 01 Wed May 2024 | 57.94 | 58.00 | 59.48 | 56.81 | 1.035 times |
| 30 Tue Apr 2024 | 58.05 | 59.51 | 59.90 | 58.00 | 1.17 times |
| 29 Mon Apr 2024 | 60.28 | 61.26 | 61.95 | 60.20 | 0.746 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 58.2 as stoploss in an intra day buy trade for a target of 59.43. However, stock will show a bearish move below 58.2.
Share price targets for Blackline Inc (BL)
| Target Type | Value |
| Downside Target | 53.25 |
| Downside Target | 55.24 |
| Downside Target | 56.49 |
| Upside Target | 61.65 |
| Upside Target | 62.51 |
| Upside Target | 62.71 |
| Upside Target | 63.31 |
| Upside Target | 63.66 |
| Upside Target | 69.09 |
| Upside Target | 69.31 |
Intraday share price targets for Blackline Inc (BL)
| Target Type | Value |
| Downside Intraday Target | 56.26 |
| Downside Intraday Target | 54.31 |
| Upside Intraday Target | 61.74 |
| Upside Intraday Target | 65.27 |
| Upside Intraday Target | 59.79 |
Weekly technical analysis of Blackline Inc (BL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Fri May 2024 | 58.22 | 61.21 | 63.31 | 57.83 | 1.13 times |
| 03 Fri May 2024 | 60.91 | 61.26 | 61.95 | 56.81 | 1.34 times |
| 26 Fri Apr 2024 | 60.83 | 57.58 | 61.65 | 57.20 | 0.685 times |
| 19 Fri Apr 2024 | 57.37 | 63.57 | 63.66 | 56.49 | 1.168 times |
| 12 Fri Apr 2024 | 63.54 | 62.86 | 69.09 | 62.51 | 0.871 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 |
| 10 Fri May 2024 | 58.22 | 58.00 | 63.31 | 56.81 | 0.408 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 |
| 29 Thu Feb 2024 | 56.73 | 58.95 | 62.71 | 53.25 | 1.299 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Blackline Inc ( (BL) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Blackline Inc ( (BL) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Blackline Inc ( (BL) ) based on a mid to longer term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
ADX buy sell signal for Blackline Inc stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Blackline Inc in short term and the sell signal is strong.
Blackline Inc Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 59.39 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Blackline Inc ( (BL) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Blackline Inc ( (BL) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Blackline Inc ( (BL) ) based on a mid to longer term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
ADX buy sell signal for Blackline Inc stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Blackline Inc in short term and the sell signal is strong.
Blackline Inc Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 59.39 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.