Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Tuesday, December 5, 2023.

BlackLine, Inc. (NASDAQ:BL)

Crossroads (+60) - BL is struggling to move into a solid trend. Beware of choppy markets 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
59.27 59.37 58.46 58.85 -0.87
Entry Signal

MarketClub’s Trade Triangles for BL

long term down The long-term trend has been DOWN since Oct 31st, 2023 at 48.22

intermediate term up The intermediate-term trend has been UP since Nov 14th, 2023 at 55.39

short term up The short-term trend has been UP since Nov 14th, 2023 at 54.05

Smart Scan Analysis for BL

Based on our trend formula, BL is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for BL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
59.27 59.37 58.46 58.85 -0.87
Prev. Close Volume Bid Ask Time
59.72 259579 2023-12-05 15:59:59
Year High58.11Year High Date2018-09-26
Year Low31.53Year Low Date2018-01-29
52wk High77.952wk High Date2023-02-02
52wk Low47.26552wk Low Date2023-11-01
Average Volume528,825Shares Outstanding61,270
Market Cap2,790MAssets197,536,600M
Liabilities179,900,400MP/E Ratio597.2
Volatility68.33
Get a free daily analysis and signals for BlackLine, Inc. (BL) - Request Your Free Report.