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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.

Open High Low BL Price Change
63.52 64.28 63.09 63.55 -0.26
Entry Signal

MarketClub’s Trade Triangles for BL

long term down The long-term trend has been DOWN since Mar 10th, 2023 at 61.45

intermediate term down The intermediate-term trend has been DOWN since Feb 21st, 2023 at 70.05

short term down 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).

Smart Scan Analysis for BL
Strong Downtrend Sideways 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 High58.11Year High Date2018-09-26
Year Low31.53Year Low Date2018-01-29
52wk High79.2352wk High Date2022-06-08
52wk Low48.7352wk Low Date2022-11-03
Average Volume527,089Shares Outstanding60,047
Market Cap2,790MAssets194,365,600M
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