Technical Analysis for BL - BlackLine, Inc.

Grade Last Price % Change Price Change
grade A 52.82 -3.35% -1.83
BL closed down 3.35 percent on Friday, March 27, 2020, on 85 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. It was able to bounce off of its 200 day moving average, an important long-term support line.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Strong Flat Down Up
Historical BL trend table...

Date Alert Name Type % Chg
20 DMA Resistance Bearish 0.00%
200 DMA Support Bullish 0.00%
MACD Bullish Signal Line Cross Bullish 0.00%
NR7 Range Contraction 0.00%
Inside Day Range Contraction 0.00%
Wide Bands Range Expansion 0.00%
20 DMA Resistance Bearish -3.35%
Crossed Above 200 DMA Bullish -3.35%
Multiple of Ten Bullish Other -3.35%
Wide Bands Range Expansion -3.35%

Get a Trading Sidekick!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.
Configure default chart indicators
Basic chart:

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 Consumer/Retail

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 74.44
52 Week Low 38.32
Average Volume 681,344
200-Day Moving Average 52.64
50-Day Moving Average 59.45
20-Day Moving Average 54.26
10-Day Moving Average 47.89
Average True Range 4.88
ADX 27.61
+DI 21.89
-DI 23.01
Chandelier Exit (Long, 3 ATRs ) 50.24
Chandelier Exit (Short, 3 ATRs ) 52.97
Upper Bollinger Band 69.10
Lower Bollinger Band 39.43
Percent B (%b) 0.45
BandWidth 54.68
MACD Line -3.03
MACD Signal Line -3.27
MACD Histogram 0.2432
Fundamentals Value
Market Cap 2.77 Billion
Num Shares 52.5 Million
EPS -0.86
Price-to-Earnings (P/E) Ratio -61.42
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) 57.71
Resistance 3 (R3) 57.70 56.06 56.90
Resistance 2 (R2) 56.06 54.81 56.07 56.62
Resistance 1 (R1) 54.44 54.05 54.45 54.45 56.35
Pivot Point 52.80 52.80 52.81 52.81 52.80
Support 1 (S1) 51.18 51.55 51.19 51.19 49.29
Support 2 (S2) 49.54 50.79 49.55 49.02
Support 3 (S3) 47.92 49.54 48.75
Support 4 (S4) 47.93