Blackline Stock Price History Breakdown

BL
 Stock
  

USD 55.83  0.94  1.66%   

As of today, the current price of Blackline is  55.83 , as last reported on the 27th of September, with the highest price reaching  57.82  and the lowest price hitting  55.48  during the day.
Blackline secures Sharpe Ratio (or Efficiency) of -0.0814, which signifies that the company had -0.0814% of return per unit of standard deviation over the last 3 months. Macroaxis philosophy in foreseeing the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Blackline exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Blackline risk adjusted performance of (0.08), and Mean Deviation of 2.77 to double-check the risk estimate we provide.
  

Blackline September 27, 2022 Stock Price Synopsis

Blackline Price Rate Of Daily Change 0.98 
Blackline Price Action Indicator(1.29) 
Blackline Price Daily Balance Of Power(0.40) 
Blackline Accumulation Distribution 20,902 

Blackline September 27, 2022 Stock Price Analysis

Share Download
When benchmark price declines in a down market, there may be an uptick in Blackline Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Blackline intraday prices and daily technical indicators to check the level of noise trading in Blackline Stock and then apply it to test your longer-term investment strategies against Blackline.

Blackline Stock Price History Chart

There are several ways to analyze Blackline Stock price data. The simplest method is using a basic Blackline candlestick price chart, which shows Blackline price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.

90 Days Highest PriceJuly 8, 202275.75
90 Days Lowest PriceSeptember 27, 202255.83

Blackline Stock Price History Data

The price series of Blackline for the period between Wed, Jun 29, 2022 and Tue, Sep 27, 2022 has a statistical range of 18.98 with a coefficient of variation of 6.02. The prices are distributed with arithmetic mean of 67.89. The median price for the last 90 days is 68.01.
OpenHighLowCloseVolume
09/27/2022 57.73  57.82  55.48  55.83  516,472 
09/26/2022 58.00  59.43  56.17  56.77  909,200 
09/23/2022 58.90  59.27  57.05  58.15  751,800 
09/22/2022 62.25  62.44  59.90  60.44  450,100 
09/21/2022 64.59  65.29  62.57  62.83  425,200 
09/20/2022 65.84  66.06  63.55  64.29  268,200 
09/19/2022 65.52  66.53  64.38  66.45  377,900 
09/16/2022 68.36  68.74  66.05  66.63  601,100 
09/15/2022 70.12  72.51  69.24  69.86  259,700 
09/14/2022 71.02  71.47  69.24  71.00  290,000 
09/13/2022 70.81  72.17  69.17  70.82  397,400 
09/12/2022 73.49  74.64  72.79  74.22  369,100 
09/09/2022 71.53  74.00  71.52  73.21  479,900 
09/08/2022 68.10  70.90  67.55  70.81  528,400 
09/07/2022 66.20  68.69  65.90  68.56  399,800 
09/06/2022 65.92  66.75  64.79  66.08  373,100 
09/02/2022 65.71  66.59  64.63  65.67  525,400 
09/01/2022 66.32  67.62  61.41  65.04  1,345,000 
08/31/2022 69.18  69.72  67.76  67.94  430,100 
08/30/2022 67.47  68.64  67.18  67.56  444,200 
08/29/2022 67.25  68.66  67.25  67.27  241,800 
08/26/2022 71.35  71.37  67.43  68.44  461,700 
08/25/2022 71.58  71.77  70.22  71.35  483,100 
08/24/2022 68.87  71.04  68.71  70.69  355,400 
08/23/2022 70.22  70.97  68.29  68.85  612,000 
08/22/2022 69.91  70.49  68.86  70.29  464,600 
08/19/2022 72.91  73.27  70.67  71.39  474,600 
08/18/2022 74.35  74.41  71.71  73.80  787,900 
08/17/2022 67.85  76.08  67.51  74.35  1,625,400 
08/16/2022 69.75  69.93  67.86  69.11  338,100 
08/15/2022 69.39  70.49  68.64  70.17  305,300 
08/12/2022 68.81  69.91  68.02  69.76  287,300 
08/11/2022 71.04  71.04  67.34  67.92  449,300 
08/10/2022 68.10  70.63  67.51  69.87  604,600 
08/09/2022 65.65  65.65  63.56  65.39  583,500 
08/08/2022 68.00  68.92  65.65  66.50  493,100 
08/05/2022 65.59  68.94  64.70  67.27  668,900 
08/04/2022 67.24  67.99  65.77  67.62  604,200 
08/03/2022 64.99  67.45  64.70  66.93  448,600 
08/02/2022 62.84  65.08  62.66  64.34  556,000 
08/01/2022 62.42  64.38  60.41  63.33  464,600 
07/29/2022 63.71  63.97  62.21  63.22  472,000 
07/28/2022 63.41  64.47  61.74  63.41  295,900 
07/27/2022 62.61  64.01  61.72  63.46  473,800 
07/26/2022 63.63  63.63  61.06  61.62  516,600 
07/25/2022 65.61  65.61  63.03  64.06  531,500 
07/22/2022 67.71  68.50  64.03  65.35  530,300 
07/21/2022 64.60  67.71  63.94  67.71  655,700 
07/20/2022 62.14  65.50  62.14  65.03  723,100 
07/19/2022 61.85  62.24  60.57  61.83  857,300 
07/18/2022 66.47  67.87  61.08  61.38  1,496,200 
07/15/2022 67.01  69.15  66.14  68.50  1,130,100 
07/14/2022 69.79  71.18  65.34  65.93  810,800 
07/13/2022 68.20  70.47  67.05  69.89  597,300 
07/12/2022 73.41  75.25  68.79  69.72  617,500 
07/11/2022 74.86  75.61  72.10  73.70  559,300 
07/08/2022 73.70  76.28  73.56  75.75  512,400 
07/07/2022 70.42  74.83  70.42  74.65  531,000 
07/06/2022 73.04  73.76  70.61  70.65  312,900 
07/05/2022 67.33  72.51  66.66  72.49  549,900 
07/01/2022 67.00  68.26  65.79  68.01  345,500 

About Blackline Stock history

Blackline investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Blackline is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Blackline will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Blackline historical stock prices may prove useful in developing a viable investing in Blackline
BlackLine, Inc. provides cloud-based solutions to automate and streamline accounting and finance operations worldwide. BlackLine, Inc. was incorporated in 2001 and is headquartered in Woodland Hills, California. Blackline operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 1182 people.

Blackline Stock Technical Analysis

Blackline technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Blackline technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Blackline trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Did you try this?

Run Theme Ratings Now

   

Theme Ratings

Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
All  Next Launch Module

Blackline Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Blackline stock's direction in advance. Along with the technical and fundamental analysis of Blackline Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Blackline to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen stock market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Continue to Trending Equities. You can also try Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

Complementary Tools for analysis

When running Blackline price analysis, check to measure Blackline's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Blackline is operating at the current time. Most of Blackline's value examination focuses on studying past and present price action to predict the probability of Blackline's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Blackline's price. Additionally, you may evaluate how the addition of Blackline to your portfolios can decrease your overall portfolio volatility.
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Go
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Go
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Go
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Go
Probability Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Go
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Go
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Go
Is Blackline's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Blackline. If investors know Blackline will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Blackline listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Blackline is measured differently than its book value, which is the value of Blackline that is recorded on the company's balance sheet. Investors also form their own opinion of Blackline's value that differs from its market value or its book value, called intrinsic value, which is Blackline's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Blackline's market value can be influenced by many factors that don't directly affect Blackline's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Blackline's value and its price as these two are different measures arrived at by different means. Investors typically determine Blackline value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blackline's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.