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Stock Trend Analysis Report
Prepared for you on Tuesday, March 28, 2023.
BlackLine, Inc. (NASDAQ:BL)
Long-Term Downtrend (-90) - BL is in a strong downtrend that is likely to continue. While BL is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for BL
The long-term trend has been DOWN since Mar 10th, 2023 at 61.45
The intermediate-term trend has been DOWN since Feb 21st, 2023 at 70.05
The short-term trend has been DOWN since Mar 22nd, 2023 at 63.23
Smart Scan Analysis for BL
Based on our trend formula, BL is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 63.52 | 64.28 | 63.09 | 63.55 | -0.26 |
| Prev. Close | Volume | Bid | Ask | Time |
| 63.81 | 265146 | 2023-03-28 15:59:58 |
| Year High | 58.11 | Year High Date | 2018-09-26 |
| Year Low | 31.53 | Year Low Date | 2018-01-29 |
| 52wk High | 79.23 | 52wk High Date | 2022-06-08 |
| 52wk Low | 48.73 | 52wk Low Date | 2022-11-03 |
| Average Volume | 527,089 | Shares Outstanding | 60,047 |
| Market Cap | 2,790M | Assets | 194,365,600M |
| Liabilities | 183,178,800M | Volatility | 68.33 |