(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 2024-08-08 View latest technical analysis
10 day averaged volume of Blackline Inc is 906720
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Thu Aug 2024 | 51.18 | 49.67 | 51.29 | 49.41 | 1.597 times |
| 07 Wed Aug 2024 | 49.33 | 48.80 | 50.48 | 47.66 | 2.529 times |
| 06 Tue Aug 2024 | 44.09 | 43.73 | 44.47 | 43.54 | 1.284 times |
| 05 Mon Aug 2024 | 43.75 | 43.90 | 44.56 | 43.37 | 1.153 times |
| 02 Fri Aug 2024 | 45.57 | 44.44 | 45.65 | 44.44 | 0.828 times |
| 01 Thu Aug 2024 | 46.17 | 47.58 | 48.01 | 45.82 | 0.806 times |
| 31 Wed Jul 2024 | 47.52 | 47.96 | 48.21 | 47.34 | 0.706 times |
| 30 Tue Jul 2024 | 47.63 | 47.33 | 47.91 | 47.33 | 0.617 times |
| 29 Mon Jul 2024 | 47.52 | 47.84 | 48.16 | 47.35 | 0.578 times |
| 26 Fri Jul 2024 | 47.82 | 48.07 | 48.34 | 47.55 | 0.637 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 50.8, for a target of 48.9 or 47.29
Share price targets for Blackline Inc (BL)
| Target Type | Value |
| Downside Target | 43.37 |
| Downside Target | 45.75 |
| Downside Target | 48.21 |
| Downside Target | 49.21 |
| Downside Target | 49.82 |
| Upside Target | 51.29 |
| 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 | 45.94 |
| Downside Intraday Target | 40.69 |
| Upside Intraday Target | 53.86 |
| Upside Intraday Target | 56.53 |
| Downside Intraday Target | 48.61 |
Weekly technical analysis of Blackline Inc (BL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Thu Aug 2024 | 51.18 | 43.90 | 51.29 | 43.37 | 1.857 times |
| 02 Fri Aug 2024 | 45.57 | 47.84 | 48.21 | 44.44 | 0.799 times |
| 26 Fri Jul 2024 | 47.82 | 47.23 | 48.51 | 45.75 | 0.807 times |
| 19 Fri Jul 2024 | 46.77 | 48.30 | 49.21 | 46.10 | 1.297 times |
| 12 Fri Jul 2024 | 47.99 | 48.42 | 48.93 | 46.67 | 2.582 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Blackline Inc (BL)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 08 Thu Aug 2024 | 51.18 | 47.58 | 51.29 | 43.37 | 0.392 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 buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Blackline Inc in short term but the buy signal is initial and weak.
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. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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 and the buying is gaining 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 47.45 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.
Price action analysis of Blackline Inc ( (BL) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Blackline Inc in short term but the buy signal is initial and weak.
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. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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 and the buying is gaining 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 47.45 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.