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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 2024-10-07 View latest technical analysis

10 day averaged volume of Blackline Inc is 766190

Date	Daily Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	54.35	54.39	54.94	54.00	0.504 times
04 Fri Oct 2024	54.51	54.63	54.82	54.19	0.626 times
03 Thu Oct 2024	53.89	54.21	54.43	53.63	0.651 times
02 Wed Oct 2024	54.60	54.13	55.31	54.01	0.64 times
01 Tue Oct 2024	54.13	55.02	55.02	53.55	0.832 times
30 Mon Sep 2024	55.14	54.67	56.48	53.16	2.205 times
27 Fri Sep 2024	52.85	52.57	53.02	52.24	0.543 times
26 Thu Sep 2024	52.29	51.53	52.60	50.44	0.85 times
25 Wed Sep 2024	50.47	51.05	51.32	50.17	1.084 times
24 Tue Sep 2024	51.11	51.47	52.04	50.64	1.664 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 53.9, but if it comes below 53.9, then a intra day sell could be more profitable.
If you take a sell trade below 53.9, then use 53.9 as stoploss and 51.85 as target. However if you take a buy trade in stock , then use 53.9 as stoploss and 56.3 as target.

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	53.16
Downside Target	53.55
Downside Target	54.00
Upside Target	54.94
Upside Target	55.31
Upside Target	56.48

Intraday share price targets for Blackline Inc (BL)

Target Type	Value
Downside Intraday Target	53.92
Downside Intraday Target	53.49
Upside Intraday Target	54.86
Upside Intraday Target	55.37
Upside Intraday Target	54.43

Weekly technical analysis of Blackline Inc (BL)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	54.35	54.39	54.94	54.00	0.102 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
13 Fri Sep 2024	50.01	47.91	50.16	47.26	0.98 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
07 Mon Oct 2024	54.35	55.02	55.31	53.55	0.185 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 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 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 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 losing 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 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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Blackline Inc in short term but SELL 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 53.24 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.