BLACKROCK INC. - 1H - Technical analysis published on 01/28/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Strongly bearish
Technical indicators
22%
61%
17%
My opinion
Bearish under 795.32 USD
My targets
754.05 USD (-4.46%)
736.37 USD (-6.70%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on BLACKROCK INC. as long as the price remains well below 795.32 USD. The next bearish objective for sellers is set at 754.05 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 736.37 USD. If there is any crossing, the next objective would be the support located at 683.21 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible over sold items that could be a sign of a short-term correction.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
6.6
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The BLACKROCK INC. rating is 789.26 USD. The price registered an increase of +0.17% on the session and was traded between 772.65 USD and 790.09 USD over the period. The price is currently at +2.15% from its lowest and -0.11% from its highest.772.65
790.09
789.26
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this BLACKROCK INC. chart shows a sharp bearish trend. 89.29% of the signals given by moving averages are bearish. This strongly bearish trend is showing signs of slowing down given the slightly bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
On the 18 technical indicators analysed, 4 are bullish, 3 are neutral and 11 are bearish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Bearish doji star
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 593.26 | 683.21 | 754.05 | 789.26 | 795.32 | 825.56 | 861.98 |
| Change (%) | -24.83% | -13.44% | -4.46% | - | +0.77% | +4.60% | +9.21% |
| Change | -196.00 | -106.05 | -35.21 | - | +6.06 | +36.30 | +72.72 |
| Level | Major | Minor | Minor | - | Major | Major | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 745.36 | 764.53 | 776.24 | 795.41 | 807.12 | 826.29 | 838.00 |
| Camarilla | 779.47 | 782.30 | 785.13 | 787.96 | 790.79 | 793.62 | 796.45 |
| Woodie | 741.64 | 762.67 | 772.52 | 793.55 | 803.40 | 824.43 | 834.28 |
| Fibonacci | 764.53 | 776.32 | 783.61 | 795.41 | 807.20 | 814.49 | 826.29 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 736.37 | 767.58 | 784.25 | 815.46 | 832.13 | 863.34 | 880.01 |
| Camarilla | 787.75 | 792.14 | 796.53 | 800.92 | 805.31 | 809.70 | 814.09 |
| Woodie | 729.10 | 763.95 | 776.98 | 811.83 | 824.86 | 859.71 | 872.74 |
| Fibonacci | 767.58 | 785.87 | 797.17 | 815.46 | 833.75 | 845.05 | 863.34 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 839.13 | 861.41 | 888.49 | 910.77 | 937.85 | 960.13 | 987.21 |
| Camarilla | 901.99 | 906.51 | 911.04 | 915.56 | 920.09 | 924.61 | 929.13 |
| Woodie | 841.52 | 862.61 | 890.88 | 911.97 | 940.24 | 961.33 | 989.60 |
| Fibonacci | 861.41 | 880.27 | 891.92 | 910.77 | 929.63 | 941.28 | 960.13 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 43.81 | |
| MACD (12,26,9): | -4.6200 | |
| Directional Movement: | -15.36 | |
| AROON (14): | -64.28 | |
| DEMA (21): | 788.46 | |
| Parabolic SAR (0,02-0,02-0,2): | 809.71 | |
| Elder Ray (13): | -5.42 | |
| Super Trend (3,10): | 815.61 | |
| Zig ZAG (10): | 787.66 | |
| VORTEX (21): | 0.9600 | |
| Stochastique (14,3,5): | 22.58 | |
| TEMA (21): | 789.72 | |
| Williams %R (14): | -67.58 | |
| Chande Momentum Oscillator (20): | -26.52 | |
| Repulse (5,40,3): | 0.4500 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0400 | |
| Courbe Coppock: | 4.21 |
| MA7: | 797.72 | |
| MA20: | 851.33 | |
| MA50: | 888.82 | |
| MA100: | 892.50 | |
| MAexp7: | 788.40 | |
| MAexp20: | 793.81 | |
| MAexp50: | 806.38 | |
| MAexp100: | 829.47 | |
| Price / MA7: | -1.06% | |
| Price / MA20: | -7.29% | |
| Price / MA50: | -11.20% | |
| Price / MA100: | -11.57% | |
| Price / MAexp7: | +0.11% | |
| Price / MAexp20: | -0.57% | |
| Price / MAexp50: | -2.12% | |
| Price / MAexp100: | -4.85% |
Quotes :
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15 min delayed data
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NYSE Stocks
News
The last news published on BLACKROCK INC. at the time of the generation of this analysis was as follows:
- BlackRock TCP Capital Corp. Schedules Earnings Release and Conference Call for the Fourth Quarter and Fiscal Year Ended December 31, 2021
- BlackRock Frontiers Investment Trust Plc - Dividend Exchange Rate Set
- BlackRock Announces Release of Fourth Quarter Commentary for BlackRock Innovation and Growth Trust (BIGZ)
- BlackRock Income and Growth Investment Trust Plc - Submission of Documents
- BlackRock World Mining Trust Plc - Mandatory Closed Period Compliance with MAR
This member declared not having a position on this financial instrument or a related financial instrument.
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