Technical Analysis for BL - BlackLine, Inc.

Grade Last Price % Change Price Change
C 60.15 0.77% 0.46
BL closed up 3.02 percent on Thursday, May 2, 2024, on 70 percent of normal volume. It was able to bounce off of its 200 day moving average, an important long-term support line.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Up

Date Alert Name Type % Chg
200 DMA Support Bullish 0.77%
Earnings Movers Other 0.77%
Gapped Up Strength 0.77%
200 DMA Support Bullish 3.81%
Doji - Bullish? Reversal 3.81%
Down 3 Days in a Row Weakness 3.81%
Gapped Down Weakness 3.62%
20 DMA Resistance Bearish -0.22%
Multiple of Ten Bullish Other -1.12%
NR7 Range Contraction 2.14%

   Recent Intraday Alerts

Alert Time
20 DMA Resistance 27 minutes ago
Gapped Up (Full) about 1 hour ago
Rose Above 20 DMA about 1 hour ago
Rose Above Previous Day's High about 1 hour ago
Up 3% about 1 hour ago

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Profile

BlackLine, Inc. Description

BlackLine, Inc. provides financial accounting close solutions delivered as a Software as a Service in the United States and internationally. Its solutions enables its customers to address various aspects of their financial closing process, including account reconciliations, variance analysis of account balances, and journal entry capabilities, as well as a range of data matching capabilities. The company's solutions include reconciliation management solution that comprises account reconciliations, transaction matching, consolidation integrity manager, and daily reconciliations; and a framework for the reconciliation process, which allows users to build integrity checks and automation into the entire end-to-end work flow. Its solutions also comprise financial close management that includes task management, journal entry, and variance analysis; and allows customers to manage the key steps within the close, applying automation where possible, and ensure that tasks are properly completed and reviewed. In addition, the company provides intercompany hub solution comprising intercompany workflow and processing, and netting and settlement, as well as manages the intercompany transaction lifecycle within its platform. Further, it offers a range of key performance indicators that enable clients to compare metrics across their own operating entities, set goals, and gauge their performance over time; and services, such as implementation, support, customer success, and training services. The company sells its platform primarily through direct sales force to various industries, including consumer/retail, healthcare, financial services, technology, industrial/energy, and services. BlackLine Inc. was founded in 2001 and is headquartered in Los Angeles, California.


Classification

Sector: Technology
Industry: Software - Infrastructure
Keywords: Software As A Service Financial Accounting Task Management

Is BL a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 69.31
52 Week Low 47.265
Average Volume 1,087,099
200-Day Moving Average 57.91
50-Day Moving Average 62.10
20-Day Moving Average 60.91
10-Day Moving Average 59.28
Average True Range 2.21
RSI (14) 46.81
ADX 12.05
+DI 24.31
-DI 29.04
Chandelier Exit (Long, 3 ATRs) 62.45
Chandelier Exit (Short, 3 ATRs) 63.13
Upper Bollinger Bands 66.72
Lower Bollinger Band 55.10
Percent B (%b) 0.4
BandWidth 19.08
MACD Line -1.06
MACD Signal Line -0.95
MACD Histogram -0.1144
Fundamentals Value
Market Cap 3.66 Billion
Num Shares 61.3 Million
EPS 0.68
Price-to-Earnings (P/E) Ratio 87.78
Price-to-Sales 6.53
Price-to-Book 17.61
PEG Ratio 5.49
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 62.67
Resistance 3 (R3) 62.37 61.08 62.17
Resistance 2 (R2) 61.08 60.32 61.23 62.01
Resistance 1 (R1) 60.38 59.85 60.73 60.68 61.84
Pivot Point 59.09 59.09 59.27 59.24 59.09
Support 1 (S1) 58.40 58.33 58.75 58.70 57.54
Support 2 (S2) 57.11 57.86 57.26 57.37
Support 3 (S3) 56.41 57.11 57.21
Support 4 (S4) 56.71