Technical Analysis for BL - BlackLine, Inc.

Grade Last Price % Change Price Change
grade C 47.94 2.66% 1.24
BL closed up 2.66 percent on Tuesday, March 19, 2019, on 79 percent of normal volume. It was able to bounce off of its 200 day moving average, an important long-term support line. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Up Up Up
See historical BL trend table...

Date Alert Name Type % Chg
Mar 19 200 DMA Support Bullish 0.00%
Mar 19 Crossed Above 50 DMA Bullish 0.00%
Mar 19 Stochastic Buy Signal Bullish 0.00%
Mar 19 180 Bullish Setup Bullish Swing Setup 0.00%
Mar 19 Oversold Stochastic Weakness 0.00%
Mar 18 Fell Below 50 DMA Bearish 2.66%
Mar 18 200 DMA Support Bullish 2.66%
Mar 18 Outside Day Range Expansion 2.66%
Mar 18 Oversold Stochastic Weakness 2.66%
Mar 15 Crossed Above 50 DMA Bullish 0.88%

Older signals for BL ...

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Profile
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.
Financial Services Healthcare
Is BL a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 2 bullish, 0 bearish and 3 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 58.11
52 Week Low 34.01
Average Volume 486,208
200-Day Moving Average 46.3428
50-Day Moving Average 47.4068
20-Day Moving Average 49.3525
10-Day Moving Average 47.064
Average True Range 1.696
ADX 22.18
+DI 16.0556
-DI 23.484
Chandelier Exit (Long, 3 ATRs ) 49.042
Chandelier Exit (Short, 3 ATRs ) 50.818
Upper Bollinger Band 54.5077
Lower Bollinger Band 44.1973
Percent B (%b) 0.36
BandWidth 20.891343
MACD Line -0.2885
MACD Signal Line 0.107
MACD Histogram -0.3955
Fundamentals Value
Market Cap 2.52 Billion
Num Shares 52.5 Million
EPS -0.86
Price-to-Earnings (P/E) Ratio -55.74
Price-to-Sales 12.15
Price-to-Book 6.08
PEG Ratio -6.74
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 50.66
Resistance 3 (R3) 50.38 49.21 50.20
Resistance 2 (R2) 49.21 48.52 49.34 50.05
Resistance 1 (R1) 48.57 48.09 48.89 48.85 49.90
Pivot Point 47.40 47.40 47.56 47.53 47.40
Support 1 (S1) 46.76 46.71 47.08 47.04 45.98
Support 2 (S2) 45.59 46.28 45.72 45.83
Support 3 (S3) 44.95 45.59 45.68
Support 4 (S4) 45.23