Technical Analysis for BL - BlackLine, Inc.

Grade Last Price % Change Price Change
D 56.69 -0.05% -0.03
BL closed down 0.05 percent on Friday, February 23, 2024, on 58 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Down Down

Date Alert Name Type % Chg
New Downtrend Bearish 0.00%
NR7 Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Inside Day Range Contraction 0.00%
Calm After Storm Range Contraction -0.05%
Lower Bollinger Band Walk Weakness -0.05%
Lower Bollinger Band Touch Weakness -0.05%
200 DMA Support Bullish 0.75%
Calm After Storm Range Contraction 0.75%

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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 72.09
52 Week Low 47.265
Average Volume 556,236
200-Day Moving Average 55.82
50-Day Moving Average 59.99
20-Day Moving Average 59.33
10-Day Moving Average 58.45
Average True Range 2.16
RSI (14) 41.86
ADX 26.2
+DI 11.97
-DI 29.37
Chandelier Exit (Long, 3 ATRs) 56.24
Chandelier Exit (Short, 3 ATRs) 59.72
Upper Bollinger Bands 62.83
Lower Bollinger Band 55.83
Percent B (%b) 0.12
BandWidth 11.80
MACD Line -0.74
MACD Signal Line -0.31
MACD Histogram -0.4315
Fundamentals Value
Market Cap 3.47 Billion
Num Shares 61.3 Million
EPS 0.68
Price-to-Earnings (P/E) Ratio 83.37
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) 57.85
Resistance 3 (R3) 57.85 57.47 57.65
Resistance 2 (R2) 57.47 57.18 57.47 57.59
Resistance 1 (R1) 57.08 56.99 56.89 57.08 57.52
Pivot Point 56.70 56.70 56.61 56.70 56.70
Support 1 (S1) 56.31 56.41 56.12 56.31 55.86
Support 2 (S2) 55.93 56.22 55.93 55.79
Support 3 (S3) 55.54 55.93 55.73
Support 4 (S4) 55.54