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(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 2024-10-16 View latest technical analysis

10 day averaged volume of Blackline Inc is 525830

Date	Daily Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	58.29	57.58	58.30	57.55	1.536 times
15 Tue Oct 2024	57.62	56.45	57.73	56.31	1.585 times
14 Mon Oct 2024	56.40	56.14	56.44	55.13	1.004 times
11 Fri Oct 2024	56.04	54.84	56.11	54.61	0.634 times
10 Thu Oct 2024	54.88	54.72	55.17	54.30	0.625 times
09 Wed Oct 2024	55.40	54.20	55.58	54.20	1.643 times
08 Tue Oct 2024	54.55	54.42	55.09	54.36	0.983 times
07 Mon Oct 2024	54.35	54.39	54.94	54.00	0.734 times
04 Fri Oct 2024	54.51	54.63	54.82	54.19	0.912 times
03 Thu Oct 2024	53.89	54.21	54.43	53.63	0.949 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 58.7, for a target of 56.2 or 54.08

Share price targets for Blackline Inc (BL)

Target Type	Value
Downside Target	43.37
Downside Target	45.75
Downside Target	47.26
Downside Target	49.21
Downside Target	52.57
Downside Target	54.00
Downside Target	55.13
Downside Target	56.11
Downside Target	56.48
Upside Target	58.30

Intraday share price targets for Blackline Inc (BL)

Target Type	Value
Downside Intraday Target	56.18
Downside Intraday Target	54.07
Upside Intraday Target	59.35
Upside Intraday Target	60.41
Downside Intraday Target	57.24

Weekly technical analysis of Blackline Inc (BL)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	58.29	56.14	58.30	55.13	0.893 times
11 Fri Oct 2024	56.04	54.39	56.11	54.00	0.64 times
04 Fri Oct 2024	54.51	54.67	56.48	53.16	0.981 times
27 Fri Sep 2024	52.85	51.93	53.02	50.17	1.331 times
20 Fri Sep 2024	51.98	50.22	52.57	49.56	1.175 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
16 Wed Oct 2024	58.29	55.02	58.30	53.55	0.498 times
30 Mon Sep 2024	55.14	49.10	56.48	47.26	0.646 times
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

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 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.

Price action analysis of Blackline Inc ( (BL) ) based on a short to mid 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.

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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Blackline Inc in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Blackline Inc in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Blackline Inc is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 55.89 and Blackline Inc (BL) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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.