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Asset Management & Custody Banks Industry Stocks Technical Analysis - BLKArchive - 2/6/2026 - Sign In to see current Signals. |
BlackRock (BLK) Technical Analysis
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| Summary:
| | Weekly : | | Daily :    Move cursor over the icon to see details.
| | It was the negative week for the BlackRock (BLK). During the week, the BLK dropped -62.56 points, or -5.59%, and closed at 1056.38 on Friday, February 6, 2026. Weekly volume was 27% above average. BLK is a member of Financials Sector. Financials is the second most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See BLK long-term trend chart] A long-term uptrend had started on October 13, 2022 at 503.12 and reached 1219.94 on October 15, 2025. BLK gained -716.82 points, or -142.47%, in 156 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 913.12 and resistance is at 1221.40. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a long-term trend.
Medium-term trend: [See BLK medium-term trend chart] A medium-term downtrend had started on October 15, 2025 at 1219.94 and reached 990.58 on November 20, 2025. BLK lost 229.36 points, or 18.80%, in 5 weeks. The price is now at the 28.69% retracement level.
Weekly Technical Indicators: [See BLK weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since October 24, 2025. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term downtrend is getting stronger. Use the following link to access a MACD help.
Short-term trend: [See BLK short-term trend chart] A short-term uptrend had started on November 20, 2025 at 990.58 and reached 1181.36 on January 16, 2026. BLK gained -190.78 points, or -19.26%, in 57 days. The chart has formed a Rising Channel chart pattern. The uptrend support line (1168.96) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. BLK may retest the broken support line. It is considered to be a resistance line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a short-term trend.
Daily Technical Indicators: [See BLK daily technical indicators chart] Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help. The daily MACD line is below its signal line since January 26, 2026. The distance between MACD and the signal line is near its high and getting bigger. During the last week, the price has declined below the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band. During the last week, the price has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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