Technical Analysis for BL - BlackLine, Inc.

Grade Last Price % Change Price Change
C 117.79 0.67% 0.78
BL closed up 0.67 percent on Thursday, April 22, 2021, on 58 percent of normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation.
Earnings due: Apr 28
*** please verify all earnings dates ***

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Flat Up
Historical BL trend table...

Date Alert Name Type % Chg
Shooting Star Candlestick Bearish 0.00%
Lizard Bearish Bearish Day Trade Setup 0.00%
Crossed Above 50 DMA Bullish 0.00%
Multiple of Ten Bearish Other 0.00%
Upper Bollinger Band Touch Strength 0.00%
Doji - Bullish? Reversal 3.05%
Overbought Stochastic Strength 3.05%
50 DMA Resistance Bearish 2.30%
Stochastic Sell Signal Bearish 2.30%
Expansion Pivot Sell Setup Bearish Swing Setup 2.30%
Older End-of-Day Signals for BL ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Rose Above Upper Bollinger Band about 15 hours ago
Upper Bollinger Band Resistance about 16 hours ago
Up 3% about 16 hours ago
60 Minute Opening Range Breakout about 16 hours ago
Up 2% about 17 hours ago
View Earlier Intraday Alerts

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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 Integrity Reconciliation 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 154.42
52 Week Low 56.86
Average Volume 776,117
200-Day Moving Average 107.45
50-Day Moving Average 117.28
20-Day Moving Average 112.62
10-Day Moving Average 115.96
Average True Range 4.53
ADX 13.71
+DI 27.01
-DI 18.31
Chandelier Exit (Long, 3 ATRs ) 107.69
Chandelier Exit (Short, 3 ATRs ) 114.16
Upper Bollinger Band 121.10
Lower Bollinger Band 104.14
Percent B (%b) 0.81
BandWidth 15.06
MACD Line 0.52
MACD Signal Line -0.44
MACD Histogram 0.9608
Fundamentals Value
Market Cap 6.74 Billion
Num Shares 57.3 Million
EPS -0.48
Price-to-Earnings (P/E) Ratio -244.89
Price-to-Sales 19.33
Price-to-Book 15.82
PEG Ratio 8.86
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 124.72
Resistance 3 (R3) 125.11 123.19 123.57
Resistance 2 (R2) 123.19 121.43 123.00 123.18
Resistance 1 (R1) 120.49 120.33 121.84 120.10 122.79
Pivot Point 118.57 118.57 119.25 118.38 118.57
Support 1 (S1) 115.87 116.81 117.22 115.48 112.79
Support 2 (S2) 113.95 115.71 113.76 112.40
Support 3 (S3) 111.25 113.95 112.02
Support 4 (S4) 110.86