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Advanced TA SearchArchive
- 6/20/2025 -
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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 climbed 2.62 points, or 0.27%, and closed at 974.44 on Friday, June 20, 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 13, 2022 at 503.12 and reached 1084.00 on January 31, 2025. BLK gained -580.88 points, or -115.46%, in 120 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 742.72 and resistance is at 1135.63. A Broadening Ascending 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 Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.
 Medium-term trend: [See BLK medium-term trend chart]
A medium-term uptrend had started on April 7, 2025 at 773.70 and reached 1003.31 on June 11, 2025. BLK gained -229.61 points, or -29.68%, in 9 weeks. The price is now at the 12.57% retracement level.
 Weekly Technical Indicators: [See BLK weekly technical indicators chart]
Weekly Lane's Stochastic is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Lane's Stochastic. 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 weekly MACD line is above its signal line since May 23, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. Use the following link to access a MACD help.
 Short-term trend: [See BLK short-term trend chart]
A short-term downtrend had started on June 11, 2025 at 1003.31 and reached 965.63 on June 17, 2025. BLK lost 37.68 points, or 3.76%, in 6 days. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
 Daily Technical Indicators: [See BLK daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is below its signal line since May 28, 2025. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term downtrend is getting stronger.
The price is close to the moving average in the center of the Bollinger Bands. The distance between the Bollinger Bands (3.39%) is close to one year low (3.71%). It is 65.21% lower than one year average. It indicates the period of low volatility of the stock price, and it is considered a buy signal for the option traders. 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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