|
|
Archive
- 5/2/2025 -
Sign In to see current Signals. |
BlackRock (BLK) Technical Analysis
|
 |
| Summary:
| | Weekly : | | Daily :
Move cursor over the icon to see details.
| | It was a second consecutive positive week for the BlackRock (BLK). During the week, the BLK gained 21.50 points, or 2.37%, and closed at 929.20 on Friday, May 2, 2025. BLK was trading at average weekly trading volume.
BLK is a member of Financials Sector. Financials is the 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 27, 2023 at 596.18 and reached 1084.00 on January 31, 2025. BLK gained -487.82 points, or -81.82%, in 66 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (1040.50) is broken. A broken support is considered to be a long-term bearish signal. 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 long-term trend.
 Medium-term trend: [See BLK medium-term trend chart]
A medium-term downtrend had started on January 31, 2025 at 1084.00 and reached 773.70 on April 7, 2025. BLK lost 310.30 points, or 28.63%, in 9 weeks. The price is now at the 50.11% 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 January 3, 2025. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current medium-term downtrend is still strong, and momentum is beginning to wane. 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 April 24, 2025 at 892.91 and reached 935.16 on May 2, 2025. BLK gained -42.25 points, or -4.73%, in 8 days. The price is now at the 14.11% retracement level.
 Daily Technical Indicators: [See BLK daily technical indicators chart]
Daily Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic or strongly overbought daily 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 links to access Lane's Stochastic and Williams' Percentage Range help.
The daily MACD line is above its signal line since April 21, 2025. This is an indication that the short-term trend is up.
During the last week, the price has advanced above the 50 Day Moving Average. While the medium-term trend is down and daily technical indicators are overbought, the 50 Day Moving Average is considered a resistance level. 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.
| |
|
|