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Stock Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

BlackLine, Inc. (NASDAQ:BL)

Sidelines Mode (+55) - BL is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid BL?

MarketClub looks at technical strength and momentum to determine if the timing is right for BL.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_BL
Open High Low BL Price Change
59.210 60.920 59.005 60.770 +1.880
Entry Signal

MarketClub’s Trade Triangles for BL

long term up The long-term trend has been UP since Dec 6th, 2023 at 60.79

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 61.74

short term up The short-term trend has been UP since Apr 23rd, 2024 at 59.22

Smart Scan Analysis for BL

Based on our trend formula, BL is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for BL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
59.210 60.920 59.005 60.770 +1.880
Prev. Close Volume Bid Ask Time
58.890 448613 2024-04-26 15:59:06
Year High58.11Year High Date2018-09-26
Year Low31.53Year Low Date2018-01-29
52wk High69.3152wk High Date2024-03-13
52wk Low47.26552wk Low Date2023-11-01
Average Volume717,133Shares Outstanding61,520
Market Cap2,790MAssets210,076,500M
Liabilities183,988,400MP/E Ratio72.7037
Volatility68.33
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