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Downtrend Broken Resist.Archive
- 4/25/2025 -
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BlackRock (BLK) Technical Analysis
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| Summary:
| | Weekly : | | Daily :
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| | It was a first positive week for the BlackRock (BLK). During the week, the BLK gained 31.92 points, or 3.64%, and closed at 907.70 on Friday, April 25, 2025. Weekly volume was -13% below average.
 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 (1034.70) 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 43.18% 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 near its 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 7, 2025 at 773.70 and reached 929.00 on April 23, 2025. BLK gained -155.30 points, or -20.07%, in 16 days. The price is now at the 13.72% retracement level.
Daily Technical Indicators: [See BLK daily technical indicators chart]
Daily technical indicators are neutral.
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 moved above 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.
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