BLACKROCK INC.
BLACKROCK INC.
- USD (-)
- 15 min delayed data - NYSE Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: BLK
ISIN:

BLACKROCK INC. - Daily - Technical analysis published on 10/16/2019 (GMT)

  • Who voted?
  • 310
  • 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Bullish
Technical indicators
61%
17%
22%
My opinion
Bullish above 437.18 USD
My targets
446.27 USD (+0.41%)
471.00 USD (+5.97%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on BLACKROCK INC.. This is a positive signal for buyers. As long as the price remains above 437.18 USD, a purchase could be considered. The first bullish objective is located at 446.27 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 471.00 USD as an objective. Crossing it would then enable buyers to target 485.24 USD. In the event of a return below 437.18 USD, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
5.7

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The BLACKROCK INC. rating is 444.45 USD. The price registered an increase of +2.36% on the session and was traded between 435.05 USD and 447.98 USD over the period. The price is currently at +2.16% from its lowest and -0.79% from its highest.

435.05
447.98
444.45

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by BLACKROCK INC.:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of BLACKROCK INC. in Daily shows an overall bullish trend. 75% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 100

Type : Bullish

Timeframe : Daily



In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : Daily


Resistance of channel is broken

Type : Bullish

Timeframe : Daily


Resistance of triangle is broken

Type : Bullish

Timeframe : Daily



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 398.13 415.49 437.18 444.45 446.27 471.00 485.24
Change (%) -10.42% -6.52% -1.64% - +0.41% +5.97% +9.18%
Change -46.32 -28.96 -7.27 - +1.82 +26.55 +40.79
Level Major Major Intermediate - Major Minor Major



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard426.19427.91431.06432.78435.93437.65440.80
Camarilla432.87433.32433.76434.21434.66435.10435.55
Woodie426.91428.27431.78433.14436.65438.01441.52
Fibonacci427.91429.77430.92432.78434.64435.79437.65


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard394.38403.07418.53427.22442.68451.37466.83
Camarilla427.36429.57431.79434.00436.21438.43440.64
Woodie397.78404.76421.93428.91446.08453.06470.23
Fibonacci403.07412.29417.99427.22436.44442.14451.37


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard379.49394.45420.05435.01460.60475.56501.16
Camarilla434.49438.21441.92445.64449.36453.08456.79
Woodie384.81397.11425.36437.67465.92478.22506.47
Fibonacci394.45409.95419.52435.01450.50460.07475.56

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 59.16
MACD (12,26,9): -0.4600
Directional Movement: 8.86
AROON (14): -28.57
DEMA (21): 430.53
Parabolic SAR (0,02-0,02-0,2): 411.21
Elder Ray (13): 10.59
Super Trend (3,10): 413.01
Zig ZAG (10): 444.45
VORTEX (21): 0.9900
Stochastique (14,3,5): 68.53
TEMA (21): 430.84
Williams %R (14): -13.23
Chande Momentum Oscillator (20): -1.68
Repulse (5,40,3): 3.2900
ROCnROLL: 1
TRIX (15,9): -0.0200
Courbe Coppock: 7.00
MA7: 426.65
MA20: 434.52
MA50: 426.52
MA100: 440.51
MAexp7: 431.77
MAexp20: 431.14
MAexp50: 433.30
MAexp100: 435.47
Price / MA7: +4.17%
Price / MA20: +2.29%
Price / MA50: +4.20%
Price / MA100: +0.89%
Price / MAexp7: +2.94%
Price / MAexp20: +3.09%
Price / MAexp50: +2.57%
Price / MAexp100: +2.06%

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Online

Overall rating :
15111
Number of analyses :
Followers :
0
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

Add a comment

no pic

Comments

0 comments on the analysis BLACKROCK INC. - Daily