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Asset Management & Custody Banks Industry Stocks Technical Analysis - BLK

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- 3/20/2026 -
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BlackRock (BLK) Technical Analysis

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Summary:
Weekly :Oversold sector
Daily :The price has fallen below the Parabolic SARStochastic has raised above the signal lineThe period of high volatility of the stock price
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It was a first positive week after 3 consecutive negative weeks for the BlackRock (BLK). During the week, the BLK gained 33.80 points, or 3.66%, and closed at 957.91 on Friday, March 20, 2026. It was the best weekly gain since January 16, 2026. Weekly volume was 55% above average.

BLK is a member of Financials Sector. Financials is the most oversold 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 905.63 and resistance is at 1233.59. 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 January 16, 2026 at 1181.36 and reached 917.39 on March 12, 2026. BLK lost 263.97 points, or 22.34%, in 7 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 885.93 and resistance is at 1050.32. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a medium-term trend.

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 relatively high and getting bigger. It indicates that the current medium-term downtrend is strong. 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 March 12, 2026 at 917.39 and reached 976.29 on March 18, 2026. BLK gained -58.90 points, or -6.42%, in 6 days. The price is now at the 31.21% retracement level.

Daily Technical Indicators: [See BLK daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish signal. 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 Lane's Stochastic help.

The daily MACD line is below its signal line since February 27, 2026. The distance between MACD and the signal line is low and getting smaller.

During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

The distance between the Bollinger Bands is 142.40% higher then one year average. It indicates the period of high volatility of the stock price. 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 26.31
Williams' Percentage Range (W%R) 72.30
Lane's Stochastic (%D-Slow) 56.23
Greed/Fear Indicator (GFI) 36.75
Moving Average Converg./Diverg. (MACD) -32.60
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 36.49
Williams' Percentage Range (W%R) 80.00
Lane's Stochastic (%D-Slow) 24.43
Greed/Fear Indicator (GFI) 29.00
Moving Average Converg./Diverg. (MACD) 0.77
Trading Signals
Description Value Chart
Upper Bollinger Band 1114.73
50 Day Moving Average 1061.11
Monthly Trendline Resistance 1050.32
20 Day Moving Average 1004.66
Parabolic System 972.76
Weekly Stochastic Crossing 963.57
Price 957.91
Daily Stochastic Crossing 956.17
Yearly Trendline Support 905.63
Monthly Trendline Support 885.93
Lower Bollinger Band 878.27
Sector and Industry
Description Name Rank
Sector Financials 1
Industry Asset Management & Custody Banks 29
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 976.29
High Date 03/18/2026
Low 945.52
Low Date 03/20/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 917.39
Low Date 03/12/2026
High 976.29
High Date 03/18/2026
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Valid
Resistance 1050.32
Support 885.93
High 1181.36
High Date 01/16/2026
Low 917.39
Low Date 03/12/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 1219.94
High Date 10/15/2025
Low 917.39
Low Date 03/12/2026
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 1233.59
Support 905.63
Low 503.12
Low Date 10/13/2022
High 1219.94
High Date 10/15/2025
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.