(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 683960
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Thu May 2024 | 59.69 | 59.00 | 59.79 | 57.80 | 1.12 times |
| 01 Wed May 2024 | 57.94 | 58.00 | 59.48 | 56.81 | 1.183 times |
| 30 Tue Apr 2024 | 58.05 | 59.51 | 59.90 | 58.00 | 1.337 times |
| 29 Mon Apr 2024 | 60.28 | 61.26 | 61.95 | 60.20 | 0.853 times |
| 26 Fri Apr 2024 | 60.83 | 59.21 | 60.92 | 59.01 | 0.867 times |
| 25 Thu Apr 2024 | 58.89 | 58.51 | 59.32 | 57.97 | 0.79 times |
| 24 Wed Apr 2024 | 59.93 | 61.01 | 61.65 | 59.22 | 0.811 times |
| 23 Tue Apr 2024 | 61.46 | 60.22 | 61.59 | 59.58 | 0.938 times |
| 22 Mon Apr 2024 | 58.39 | 57.58 | 58.71 | 57.20 | 0.683 times |
| 19 Fri Apr 2024 | 57.37 | 57.59 | 58.49 | 56.49 | 0.983 times |
My analysis of stock is bearish for shortterm, and stock might move down till 58 or till 54.5. Use a stoploss of 60.91 and if the stock hits stoploss, then it can shoot up till 63.82
Share price targets for Blackline Inc (BL)
| Target Type | Value |
| Downside Target | 53.25 |
| Downside Target | 55.24 |
| Downside Target | 56.49 |
| Upside Target | 59.79 |
| Upside Target | 61.65 |
| Upside Target | 62.51 |
| Upside Target | 62.71 |
| Upside Target | 63.66 |
| 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 | 57.02 |
| Downside Intraday Target | 54.34 |
| Upside Intraday Target | 62.16 |
| Upside Intraday Target | 64.62 |
| Downside Intraday Target | 59.48 |
Weekly technical analysis of Blackline Inc (BL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Thu May 2024 | 59.69 | 61.26 | 61.95 | 56.81 | 1.099 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 |
| 05 Fri Apr 2024 | 62.20 | 64.90 | 66.17 | 61.74 | 1.826 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 |
| 02 Thu May 2024 | 59.69 | 58.00 | 59.79 | 56.81 | 0.099 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 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 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 Weak and stock is losing 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 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 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 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 59.2 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 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 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 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 Weak and stock is losing 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 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 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 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 59.2 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.