(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 757600
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Mon Apr 2024 | 58.39 | 57.58 | 58.71 | 57.20 | 0.617 times |
| 19 Fri Apr 2024 | 57.37 | 57.59 | 58.49 | 56.49 | 0.888 times |
| 18 Thu Apr 2024 | 57.85 | 58.67 | 59.22 | 57.70 | 1.404 times |
| 17 Wed Apr 2024 | 58.67 | 60.02 | 60.93 | 58.61 | 1.223 times |
| 16 Tue Apr 2024 | 59.68 | 60.62 | 61.27 | 59.50 | 0.814 times |
| 15 Mon Apr 2024 | 60.84 | 63.57 | 63.66 | 60.74 | 1.059 times |
| 12 Fri Apr 2024 | 63.54 | 64.02 | 64.25 | 63.22 | 0.682 times |
| 11 Thu Apr 2024 | 64.71 | 64.63 | 65.04 | 63.64 | 0.437 times |
| 10 Wed Apr 2024 | 64.21 | 66.08 | 66.48 | 63.91 | 1.19 times |
| 09 Tue Apr 2024 | 68.61 | 65.35 | 69.09 | 65.10 | 1.454 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 59.6, but if it comes above 59.6, then a intra day buy could be more profitable.
If you take a sell trade below 59.6, then use 59.6 as stoploss and 56.3 as target. However if you take a buy trade in stock , then use 59.6 as stoploss and 62.4 as target.
Share price targets for Blackline Inc (BL)
| Target Type | Value |
| Downside Target | 53.25 |
| Downside Target | 55.24 |
| Downside Target | 56.49 |
| Upside Target | 61.74 |
| Upside Target | 62.71 |
| Upside Target | 63.66 |
| Upside Target | 64.98 |
| Upside Target | 65.25 |
| Upside Target | 66.17 |
| Upside Target | 69.09 |
| Upside Target | 69.31 |
Intraday share price targets for Blackline Inc (BL)
| Target Type | Value |
| Downside Intraday Target | 57.49 |
| Downside Intraday Target | 56.59 |
| Upside Intraday Target | 59 |
| Upside Intraday Target | 59.61 |
| Downside Intraday Target | 58.1 |
Weekly technical analysis of Blackline Inc (BL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Mon Apr 2024 | 58.39 | 57.58 | 58.71 | 57.20 | 0.115 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 |
| 05 Fri Apr 2024 | 62.20 | 64.90 | 66.17 | 61.74 | 1.826 times |
| 28 Thu Mar 2024 | 64.58 | 62.99 | 65.25 | 62.17 | 0.436 times |
Price has moved up 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 |
| 22 Mon Apr 2024 | 58.39 | 64.90 | 69.09 | 56.49 | 0.35 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 |
| 31 Wed Jan 2024 | 58.68 | 60.58 | 62.38 | 55.24 | 1.024 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 losing 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Blackline Inc in short term but BUY signal is weak.
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 61.5 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 losing 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Blackline Inc in short term but BUY signal is weak.
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 61.5 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.