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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.
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MarketClub’s Trade Triangles for BL
The long-term trend has been DOWN since Oct 31st, 2023 at 48.22
The intermediate-term trend has been UP since Nov 14th, 2023 at 55.39
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).
| 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 High | 58.11 | Year High Date | 2018-09-26 |
| Year Low | 31.53 | Year Low Date | 2018-01-29 |
| 52wk High | 77.9 | 52wk High Date | 2023-02-02 |
| 52wk Low | 47.265 | 52wk Low Date | 2023-11-01 |
| Average Volume | 528,825 | Shares Outstanding | 61,270 |
| Market Cap | 2,790M | Assets | 197,536,600M |
| Liabilities | 179,900,400M | P/E Ratio | 597.2 |
| Volatility | 68.33 |