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Blackline Inc
Buy, Hold or Sell?

Let's analyse Blackline together

PenkeI guess you are interested in Blackline Inc. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Blackline Inc. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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Quick analysis of Blackline (30 sec.)










What can you expect buying and holding a share of Blackline? (30 sec.)

How much money do you get?

How much money do you get?
€0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
€4.42
Expected worth in 1 year
€6.77
How sure are you?
66.7%

+ What do you gain per year?

Total Gains per Share
€2.36
Return On Investment
4.4%

For what price can you sell your share?

Current Price per Share
€53.50
Expected price per share
€51.00 - €63.00
How sure are you?
50%

1. Valuation of Blackline (5 min.)




Live pricePrice per Share (EOD)

€53.50

Intrinsic Value Per Share

€26.23 - €31.20

Total Value Per Share

€30.65 - €35.62

2. Growth of Blackline (5 min.)




Is Blackline growing?

Current yearPrevious yearGrowGrow %
How rich?$290.9m$108m$112.7m51.0%

How much money is Blackline making?

Current yearPrevious yearGrowGrow %
Making money$13.2m-$7.3m$20.5m155.6%
Net Profit Margin8.7%-5.9%--

How much money comes from the company's main activities?

3. Financial Health of Blackline (5 min.)




What can you expect buying and holding a share of Blackline? (5 min.)

Welcome investor! Blackline's management wants to use your money to grow the business. In return you get a share of Blackline.

What can you expect buying and holding a share of Blackline?

First you should know what it really means to hold a share of Blackline. And how you can make/lose money.

Speculation

The Price per Share of Blackline is €53.50. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Blackline.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Blackline, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is €4.42. Based on the TTM, the Book Value Change Per Share is €0.59 per quarter. Based on the YOY, the Book Value Change Per Share is €-0.72 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is €0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Blackline.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 % of Price per Share% of Price per Share% of Price per Share% of Price per Share% of Price per Share
Usd Eps0.360.7%0.390.7%-0.12-0.2%-0.10-0.2%-0.10-0.2%
Usd Book Value Change Per Share0.771.4%0.631.2%-0.77-1.4%0.260.5%0.260.5%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.771.4%0.631.2%-0.77-1.4%0.260.5%0.260.5%
Usd Price Per Share62.37-59.17-67.05-73.86-73.86-
Price to Earnings Ratio43.66-43.87--40.77--47.93--47.93-
Price-to-Total Gains Ratio81.30-154.17--3,311.69--617.31--617.31-
Price to Book Ratio13.25-17.84-39.22-20.33-20.33-
Price-to-Total Gains Ratio81.30-154.17--3,311.69--617.31--617.31-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share57.03635
Number of shares17
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.630.26
Usd Total Gains Per Share0.630.26
Gains per Quarter (17 shares)10.674.45
Gains per Year (17 shares)42.6917.78
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1043330188
20857603626
3012811905344
4017116207162
5021320508980
60256248010798
702992910124116
803413340142134
903843770160152
1004274200178170

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%5.07.00.041.7%5.013.00.027.8%5.013.00.027.8%5.013.00.027.8%
Book Value Change Per Share4.00.00.0100.0%7.05.00.058.3%12.06.00.066.7%12.06.00.066.7%12.06.00.066.7%
Dividend per Share0.00.04.00.0%0.00.012.00.0%0.00.018.00.0%0.00.018.00.0%0.00.018.00.0%
Total Gains per Share4.00.00.0100.0%7.05.00.058.3%12.06.00.066.7%12.06.00.066.7%12.06.00.066.7%

Fundamentals of Blackline

About Blackline Inc

BlackLine, Inc. provides cloud-based solutions to automate and streamline accounting and finance operations worldwide. It offers financial close management solutions, such as account reconciliations that provides a centralized workspace for users to collaborate on account reconciliations; transaction matching that analyzes and reconciles individual transactions; task management to create and manage processes and task lists; and financial reporting analytics that enables analysis and validation of financial data. The company's also provides journal entry that allows users to generate, review, and post manual journal entries; variance analysis that monitors and identifies anomalous fluctuations in balance sheet and income statement account balances; consolidation integrity manager that manages the automated system-to-system tie-out process; compliance, an integrated solution that facilitates compliance-related initiatives, consolidates project management, and provides visibility over control self-assessments and testing; and smart close for SAP solution. In addition, it offers blackline cash application, and credit and risk, collections, disputes and deductions, and team and task management, as well as AR intelligence solutions and electronic invoicing and compliance. Further, the company provides intercompany create functionality that stores permissions and business logic exceptions by entity, service, and transaction type; intercompany balance and resolve, which records an organization's intercompany transactions; and netting and settlement that enables open intercompany transactions, which integrate with treasury systems. The company sells its solutions primarily through direct sales force to multinational corporations, large domestic enterprises, and mid-market companies across various industries. BlackLine, Inc. was incorporated in 2001 and is headquartered in Woodland Hills, California.

Fundamental data was last updated by Penke on 2024-04-18 02:04:05.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is just able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is expensive.
Based on the earnings, the company is overpriced.
Based on how much money comes from the company's main activities, the company is fair priced.

1.1. Profitability of Blackline Inc.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Blackline earns for each €1 of revenue.

  • Above 10% is considered healthy but always compare Blackline to the Software - Application industry mean.
  • A Net Profit Margin of 14.2% means that €0.14 for each €1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Blackline Inc:

  • The MRQ is 14.2%. The company is making a huge profit. +2
  • The TTM is 8.7%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ14.2%TTM8.7%+5.5%
TTM8.7%YOY-5.9%+14.6%
TTM8.7%5Y-9.7%+18.4%
5Y-9.7%10Y-9.7%0.0%
1.1.2. Return on Assets

Shows how efficient Blackline is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Blackline to the Software - Application industry mean.
  • 1.1% Return on Assets means that Blackline generated €0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Blackline Inc:

  • The MRQ is 1.1%. Using its assets, the company is less efficient in making profit.
  • The TTM is 0.6%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ1.1%TTM0.6%+0.4%
TTM0.6%YOY-0.4%+1.0%
TTM0.6%5Y-0.7%+1.3%
5Y-0.7%10Y-0.7%0.0%
1.1.3. Return on Equity

Shows how efficient Blackline is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Blackline to the Software - Application industry mean.
  • 8.5% Return on Equity means Blackline generated €0.08 for each €1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Blackline Inc:

  • The MRQ is 8.5%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 5.3%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ8.5%TTM5.3%+3.2%
TTM5.3%YOY-11.0%+16.4%
TTM5.3%5Y-4.1%+9.4%
5Y-4.1%10Y-4.1%0.0%

1.2. Operating Efficiency of Blackline Inc.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Blackline is operating .

  • Measures how much profit Blackline makes for each €1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Blackline to the Software - Application industry mean.
  • An Operating Margin of 0.0% means the company generated €0.00  for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Blackline Inc:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-1.9%+1.9%
TTM-1.9%YOY-12.9%+11.1%
TTM-1.9%5Y-5.7%+3.9%
5Y-5.7%10Y-5.7%0.0%
1.2.2. Operating Ratio

Measures how efficient Blackline is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Software - Application industry mean).
  • An Operation Ratio of 1.15 means that the operating costs are €1.15 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of Blackline Inc:

  • The MRQ is 1.152. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.209. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.152TTM1.209-0.057
TTM1.209YOY1.352-0.144
TTM1.2095Y1.283-0.075
5Y1.28310Y1.2830.000

1.3. Liquidity of Blackline Inc.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Blackline is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Software - Application industry mean).
  • A Current Ratio of 2.19 means the company has €2.19 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of Blackline Inc:

  • The MRQ is 2.190. The company is able to pay all its short-term debts. +1
  • The TTM is 2.851. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.190TTM2.851-0.661
TTM2.851YOY3.540-0.689
TTM2.8515Y3.666-0.815
5Y3.66610Y3.6660.000
1.3.2. Quick Ratio

Measures if Blackline is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Blackline to the Software - Application industry mean.
  • A Quick Ratio of 1.72 means the company can pay off €1.72 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Blackline Inc:

  • The MRQ is 1.720. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 2.284. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ1.720TTM2.284-0.564
TTM2.284YOY2.757-0.473
TTM2.2845Y2.181+0.103
5Y2.18110Y2.1810.000

1.4. Solvency of Blackline Inc.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Blackline assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Blackline to Software - Application industry mean.
  • A Debt to Asset Ratio of 0.86 means that Blackline assets are financed with 86.2% credit (debt) and the remaining percentage (100% - 86.2%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Blackline Inc:

  • The MRQ is 0.862. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.891. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.862TTM0.891-0.029
TTM0.891YOY0.943-0.052
TTM0.8915Y0.789+0.102
5Y0.78910Y0.7890.000
1.4.2. Debt to Equity Ratio

Measures if Blackline is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Blackline to the Software - Application industry mean.
  • A Debt to Equity ratio of 693.7% means that company has €6.94 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Blackline Inc:

  • The MRQ is 6.937. The company is unable to pay all its debts with equity. -1
  • The TTM is 10.119. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ6.937TTM10.119-3.182
TTM10.119YOY22.056-11.937
TTM10.1195Y8.602+1.517
5Y8.60210Y8.6020.000

2. Market Valuation of Blackline Inc

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every €1 in earnings Blackline generates.

  • Above 15 is considered overpriced but always compare Blackline to the Software - Application industry mean.
  • A PE ratio of 43.66 means the investor is paying €43.66 for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Blackline Inc:

  • The EOD is 39.931. Based on the earnings, the company is overpriced. -1
  • The MRQ is 43.663. Based on the earnings, the company is overpriced. -1
  • The TTM is 43.868. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD39.931MRQ43.663-3.732
MRQ43.663TTM43.868-0.205
TTM43.868YOY-40.772+84.640
TTM43.8685Y-47.932+91.800
5Y-47.93210Y-47.9320.000
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Blackline Inc:

  • The EOD is 24.939. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The MRQ is 27.270. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The TTM is 42.781. Based on how much money comes from the company's main activities, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD24.939MRQ27.270-2.331
MRQ27.270TTM42.781-15.511
TTM42.781YOY-81.485+124.267
TTM42.7815Y63.829-21.048
5Y63.82910Y63.8290.000
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Blackline is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Software - Application industry mean).
  • A PB ratio of 13.25 means the investor is paying €13.25 for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of Blackline Inc:

  • The EOD is 12.116. Based on the equity, the company is expensive. -2
  • The MRQ is 13.248. Based on the equity, the company is expensive. -2
  • The TTM is 17.836. Based on the equity, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD12.116MRQ13.248-1.132
MRQ13.248TTM17.836-4.588
TTM17.836YOY39.218-21.382
TTM17.8365Y20.334-2.498
5Y20.33410Y20.3340.000
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Blackline Inc compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.7200.589+22%-0.718+200%0.245+193%0.245+193%
Book Value Per Share--4.4163.351+32%1.641+169%4.299+3%4.299+3%
Current Ratio--2.1902.851-23%3.540-38%3.666-40%3.666-40%
Debt To Asset Ratio--0.8620.891-3%0.943-9%0.789+9%0.789+9%
Debt To Equity Ratio--6.93710.119-31%22.056-69%8.602-19%8.602-19%
Dividend Per Share----0%-0%-0%-0%
Eps--0.3350.363-8%-0.112+133%-0.097+129%-0.097+129%
Free Cash Flow Per Share--0.5360.376+43%0.103+421%0.207+159%0.207+159%
Free Cash Flow To Equity Per Share--0.4870.4890%0.108+349%0.823-41%0.823-41%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--31.204--------
Intrinsic Value_10Y_min--26.235--------
Intrinsic Value_1Y_max--1.246--------
Intrinsic Value_1Y_min--1.223--------
Intrinsic Value_3Y_max--5.177--------
Intrinsic Value_3Y_min--4.914--------
Intrinsic Value_5Y_max--10.837--------
Intrinsic Value_5Y_min--9.935--------
Market Cap3306433750.000-9%3615446250.0003430347762.500+5%3886759225.000-7%4281814538.889-16%4281814538.889-16%
Net Profit Margin--0.1420.087+63%-0.059+141%-0.097+169%-0.097+169%
Operating Margin----0.0190%-0.1290%-0.0570%-0.0570%
Operating Ratio--1.1521.209-5%1.352-15%1.283-10%1.283-10%
Pb Ratio12.116-9%13.24817.836-26%39.218-66%20.334-35%20.334-35%
Pe Ratio39.931-9%43.66343.8680%-40.772+193%-47.932+210%-47.932+210%
Price Per Share53.500-9%58.50055.505+5%62.890-7%69.282-16%69.282-16%
Price To Free Cash Flow Ratio24.939-9%27.27042.781-36%-81.485+399%63.829-57%63.829-57%
Price To Total Gains Ratio74.356-9%81.305154.170-47%-3311.686+4173%-617.310+859%-617.310+859%
Quick Ratio--1.7202.284-25%2.757-38%2.181-21%2.181-21%
Return On Assets--0.0110.006+63%-0.004+138%-0.007+163%-0.007+163%
Return On Equity--0.0850.053+60%-0.110+231%-0.041+148%-0.041+148%
Total Gains Per Share--0.7200.589+22%-0.718+200%0.245+193%0.245+193%
Usd Book Value--290944523.699220819147.474+32%108096694.574+169%283228898.700+3%283228898.700+3%
Usd Book Value Change Per Share--0.7670.628+22%-0.766+200%0.262+193%0.262+193%
Usd Book Value Per Share--4.7083.573+32%1.749+169%4.583+3%4.583+3%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps--0.3570.387-8%-0.119+133%-0.103+129%-0.103+129%
Usd Free Cash Flow--35336063.60524754044.557+43%6788262.219+421%12128244.053+191%12128244.053+191%
Usd Free Cash Flow Per Share--0.5720.401+43%0.110+421%0.221+159%0.221+159%
Usd Free Cash Flow To Equity Per Share--0.5190.5220%0.116+349%0.878-41%0.878-41%
Usd Market Cap3524989020.875-9%3854427247.1253657093749.601+5%4143674009.773-7%4564842479.909-16%4564842479.909-16%
Usd Price Per Share57.036-9%62.36759.174+5%67.047-7%73.862-16%73.862-16%
Usd Profit--22069039.72413208273.775+67%-7347763.226+133%-8742071.291+140%-8742071.291+140%
Usd Revenue--155730280.314147499265.498+6%130734735.322+19%113642426.778+37%113642426.778+37%
Usd Total Gains Per Share--0.7670.628+22%-0.766+200%0.262+193%0.262+193%
 EOD+4 -4MRQTTM+24 -8YOY+25 -75Y+23 -910Y+23 -9

3.2. Fundamental Score

Let's check the fundamental score of Blackline Inc based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1539.931
Price to Book Ratio (EOD)Between0-112.116
Net Profit Margin (MRQ)Greater than00.142
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than11.720
Current Ratio (MRQ)Greater than12.190
Debt to Asset Ratio (MRQ)Less than10.862
Debt to Equity Ratio (MRQ)Less than16.937
Return on Equity (MRQ)Greater than0.150.085
Return on Assets (MRQ)Greater than0.050.011
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of Blackline Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5038.435
Ma 20Greater thanMa 5057.875
Ma 50Greater thanMa 10056.798
Ma 100Greater thanMa 20055.789
OpenGreater thanClose53.500
Total3/5 (60.0%)



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in USD. All numbers in thousands.

Summary
Total Assets2,100,765
Total Liabilities1,809,821
Total Stockholder Equity260,881
 As reported
Total Liabilities 1,809,821
Total Stockholder Equity+ 260,881
Total Assets = 2,100,765

Assets

Total Assets2,100,765
Total Current Assets1,407,324
Long-term Assets693,441
Total Current Assets
Cash And Cash Equivalents 271,117
Short-term Investments 933,355
Net Receivables 171,608
Other Current Assets 31,244
Total Current Assets  (as reported)1,407,324
Total Current Assets  (calculated)1,407,324
+/-0
Long-term Assets
Property Plant Equipment 34,040
Goodwill 448,965
Intangible Assets 116,884
Long-term Assets Other 93,552
Long-term Assets  (as reported)693,441
Long-term Assets  (calculated)693,441
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities642,565
Long-term Liabilities1,167,256
Total Stockholder Equity260,881
Total Current Liabilities
Short Long Term Debt 249,233
Accounts payable 8,623
Total Current Liabilities  (as reported)642,565
Total Current Liabilities  (calculated)257,856
+/- 384,709
Long-term Liabilities
Long term Debt 1,140,608
Capital Lease Obligations Min Short Term Debt20,628
Long-term Liabilities Other 3,608
Long-term Liabilities  (as reported)1,167,256
Long-term Liabilities  (calculated)1,164,844
+/- 2,412
Total Stockholder Equity
Total Stockholder Equity (as reported)260,881
Total Stockholder Equity (calculated)0
+/- 260,881
Other
Capital Stock615
Common Stock Shares Outstanding 61,515
Net Debt 1,118,724
Net Invested Capital 1,650,722
Net Working Capital 764,759
Property Plant and Equipment Gross 78,421



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-30
> Total Assets 
975,639
1,014,552
1,011,374
1,033,250
1,046,765
1,113,505
1,708,797
1,732,067
1,750,392
1,817,578
1,871,552
1,873,573
1,877,658
1,943,656
1,932,654
1,975,366
2,016,135
2,100,765
2,100,7652,016,1351,975,3661,932,6541,943,6561,877,6581,873,5731,871,5521,817,5781,750,3921,732,0671,708,7971,113,5051,046,7651,033,2501,011,3741,014,552975,639
   > Total Current Assets 
689,260
723,406
720,596
739,913
753,997
674,115
1,267,491
1,287,358
1,301,433
1,347,688
1,171,476
1,171,522
1,177,075
1,249,567
1,243,201
1,283,746
1,319,140
1,407,324
1,407,3241,319,1401,283,7461,243,2011,249,5671,177,0751,171,5221,171,4761,347,6881,301,4331,287,3581,267,491674,115753,997739,913720,596723,406689,260
       Cash And Cash Equivalents 
528,197
120,232
310,989
471,620
408,070
367,413
848,268
643,343
378,977
539,739
365,522
208,454
190,514
200,968
222,557
204,514
236,248
271,117
271,117236,248204,514222,557200,968190,514208,454365,522539,739378,977643,343848,268367,413408,070471,620310,989120,232528,197
       Short-term Investments 
68,324
487,515
302,978
154,876
117,433
175,206
308,991
524,851
798,952
658,964
666,122
821,137
855,406
874,083
865,314
921,737
925,721
933,355
933,355925,721921,737865,314874,083855,406821,137666,122658,964798,952524,851308,991175,206117,433154,876302,978487,51568,324
       Net Receivables 
81,865
102,829
90,057
98,124
91,137
111,270
89,423
100,909
105,042
125,130
117,554
120,721
108,792
150,858
120,419
129,798
130,477
171,608
171,608130,477129,798120,419150,858108,792120,721117,554125,130105,042100,90989,423111,27091,13798,12490,057102,82981,865
       Other Current Assets 
0
20
19
18
121,452
227
208
208
203
0
0
0
0
23,658
34,911
27,697
26,694
31,244
31,24426,69427,69734,91123,6580000203208208227121,4521819200
   > Long-term Assets 
286,379
291,146
290,778
293,337
292,768
439,390
441,306
444,709
448,959
469,890
700,076
702,051
700,583
694,089
689,453
691,620
696,995
693,441
693,441696,995691,620689,453694,089700,583702,051700,076469,890448,959444,709441,306439,390292,768293,337290,778291,146286,379
       Property Plant Equipment 
0
25,573
24,604
22,468
20,061
21,947
21,146
19,428
19,965
32,585
32,883
35,667
35,901
34,519
33,022
38,281
35,226
34,040
34,04035,22638,28133,02234,51935,90135,66732,88332,58519,96519,42821,14621,94720,06122,46824,60425,5730
       Goodwill 
185,138
185,138
185,138
185,138
185,138
289,710
289,710
289,710
289,710
289,710
445,183
443,861
443,861
443,861
443,861
443,861
448,987
448,965
448,965448,987443,861443,861443,861443,861443,861445,183289,710289,710289,710289,710289,710185,138185,138185,138185,138185,138
       Intangible Assets 
28,487
28,789
28,457
31,007
30,993
62,364
61,639
64,154
64,066
59,742
131,922
129,342
126,497
122,934
120,153
116,994
121,204
116,884
116,884121,204116,994120,153122,934126,497129,342131,92259,74264,06664,15461,63962,36430,99331,00728,45728,78928,487
       Long-term Assets Other 
2,933
1,937
2,042
1,678
1,785
65,369
68,811
4,228
4,195
87,853
90,088
93,181
94,324
92,775
92,417
92,484
91,578
93,552
93,55291,57892,48492,41792,77594,32493,18190,08887,8534,1954,22868,81165,3691,7851,6782,0421,9372,933
> Total Liabilities 
579,218
615,939
615,185
623,472
629,831
691,435
1,369,169
1,395,026
1,409,652
1,492,542
1,780,273
1,770,755
1,775,132
1,807,893
1,786,510
1,772,716
1,772,598
1,809,821
1,809,8211,772,5981,772,7161,786,5101,807,8931,775,1321,770,7551,780,2731,492,5421,409,6521,395,0261,369,169691,435629,831623,472615,185615,939579,218
   > Total Current Liabilities 
178,205
206,997
199,587
202,995
203,630
242,330
248,238
259,769
256,249
322,577
339,494
328,256
314,581
367,821
363,548
355,036
605,857
642,565
642,565605,857355,036363,548367,821314,581328,256339,494322,577256,249259,769248,238242,330203,630202,995199,587206,997178,205
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
248,904
249,233
249,233248,9040000000000000000
       Accounts payable 
1,614
7,401
11,357
6,172
2,088
3,150
3,365
3,869
2,175
7,471
16,285
14,521
5,534
14,964
4,573
7,899
4,802
8,623
8,6234,8027,8994,57314,9645,53414,52116,2857,4712,1753,8693,3653,1502,0886,17211,3577,4011,614
       Other Current Liabilities 
2,008
168,758
166,599
172,040
170,626
204,571
212,317
222,631
216,374
268,637
287,466
274,359
258,554
298,477
25,953
304,695
299,583
0
0299,583304,69525,953298,477258,554274,359287,466268,637216,374222,631212,317204,571170,626172,040166,599168,7582,008
   > Long-term Liabilities 
401,013
408,942
415,598
420,477
426,201
449,105
1,120,931
1,135,257
1,153,403
1,169,965
1,439,457
1,442,499
1,460,551
1,440,072
1,422,962
1,417,680
1,166,741
1,167,256
1,167,2561,166,7411,417,6801,422,9621,440,0721,460,5511,442,4991,439,4571,169,9651,153,4031,135,2571,120,931449,105426,201420,477415,598408,942401,013
       Long term Debt 
378,856
384,343
389,875
395,459
401,217
407,032
1,066,352
1,081,942
1,097,973
1,114,239
1,380,152
1,381,525
1,382,914
1,384,306
1,385,668
1,387,047
1,139,539
1,140,608
1,140,6081,139,5391,387,0471,385,6681,384,3061,382,9141,381,5251,380,1521,114,2391,097,9731,081,9421,066,352407,032401,217395,459389,875384,343378,856
       Capital Lease Obligations Min Short Term Debt
16,489
15,544
14,289
13,223
12,117
11,503
11,351
10,465
9,052
19,381
19,692
17,301
17,237
17,009
16,129
23,546
21,503
20,628
20,62821,50323,54616,12917,00917,23717,30119,69219,3819,05210,46511,35111,50312,11713,22314,28915,54416,489
       Other Liabilities 
0
9,088
9,211
9,104
9,028
22,193
29,205
28,838
27,918
12,955
45,243
49,277
66,634
45,689
0
12,512
10,694
0
010,69412,512045,68966,63449,27745,24312,95527,91828,83829,20522,1939,0289,1049,2119,0880
       Long-term Liabilities Other 
4,621
4,354
4,499
4,278
4,206
15,552
17,304
18,747
18,131
4,418
39,172
43,319
60,945
39,778
21,821
6,251
3,975
3,608
3,6083,9756,25121,82139,77860,94543,31939,1724,41818,13118,74717,30415,5524,2064,2784,4994,3544,621
       Deferred Long Term Liability 
0
49,709
50,537
53,046
54,791
58,980
0
67,189
71,023
79,961
81,880
84,300
84,900
89,100
0
89,100
87,600
0
087,60089,100089,10084,90084,30081,88079,96171,02367,189058,98054,79153,04650,53749,7090
> Total Stockholder Equity
396,421
398,613
396,189
409,778
416,934
422,070
339,628
337,041
340,740
325,036
66,128
79,183
77,931
111,868
116,992
176,362
215,731
260,881
260,881215,731176,362116,992111,86877,93179,18366,128325,036340,740337,041339,628422,070416,934409,778396,189398,613396,421
   Common Stock
0
559
564
569
573
577
580
584
586
590
593
596
598
600
0
610
613
0
061361006005985965935905865845805775735695645590
   Retained Earnings Total Equity000000000000000000
   Accumulated Other Comprehensive Income 000000000000000000
   Capital Surplus 000000000000000000
   Treasury Stock000000000000000000
   Other Stockholders Equity 
0
377
66
943
568
376
295
244
157
298
113
-952
-3,080
-1,472
0
-1,529
-1,159
0
0-1,159-1,5290-1,472-3,080-952113298157244295376568943663770



Balance Sheet

Currency in USD. All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue589,996
Cost of Revenue-146,793
Gross Profit443,203443,203
 
Operating Income (+$)
Gross Profit443,203
Operating Expense-564,684
Operating Income25,312-121,481
 
Operating Expense (+$)
Research Development103,207
Selling General Administrative314,684
Selling And Marketing Expenses-
Operating Expense564,684417,891
 
Net Interest Income (+$)
Interest Income52,059
Interest Expense-5,898
Other Finance Cost-0
Net Interest Income46,161
 
Pretax Income (+$)
Operating Income25,312
Net Interest Income46,161
Other Non-Operating Income Expenses-
Income Before Tax (EBT)60,50936,276
EBIT - interestExpense = -5,898
52,833
58,731
Interest Expense5,898
Earnings Before Interest and Taxes (EBIT)-66,407
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax60,509
Tax Provision-1,450
Net Income From Continuing Ops59,05959,059
Net Income52,833
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net-10,964-46,161
 

Technical Analysis of Blackline
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Blackline. The general trend of Blackline is BULLISH with 28.6% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Blackline's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (28.6%) Bearish trend (-28.6%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Blackline Inc.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 57.00 < 57.00 < 63.00.

The bearish price targets are: 51.50 > 51.00 > 51.00.

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Blackline Inc Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Blackline Inc. The current mas is .

The long score for the Moving Averages is 9/14.
The longshort score for the Moving Averages is 4/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Blackline Inc Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Blackline Inc. The current macd is -0.65219277.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Blackline price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Blackline. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Blackline price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Blackline Inc Daily Moving Average Convergence/Divergence (MACD) ChartBlackline Inc Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Blackline Inc. The current adx is 20.20.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -1/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Blackline shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Blackline Inc Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Blackline Inc. The current sar is 61.50.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Blackline Inc Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Blackline Inc. The current rsi is 38.43. The current phase is Correction in bull market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

  • Correction in bull market: Moderate price decline, potential pause in the uptrend. Reassess the market, wait for signs of stabilization.
  • Trending down: The RSI is trending down. -1
Blackline Inc Daily Relative Strength Index (RSI) ChartBlackline Inc Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Blackline Inc. The current phase is Oversold in bull market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 0/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Blackline price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Blackline Inc Daily Stochastic Oscillator ChartBlackline Inc Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Blackline Inc. The current cci is -221.13423093.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

  • CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1
Blackline Inc Daily Commodity Channel Index (CCI) ChartBlackline Inc Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Blackline Inc. The current cmo is -36.00474418.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Blackline Inc Daily Chande Momentum Oscillator (CMO) ChartBlackline Inc Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Blackline Inc. The current willr is -95.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is -1/(-1 +1).

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Blackline Inc Daily Williams %R ChartBlackline Inc Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Blackline Inc.

Blackline Inc Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Blackline Inc. The current atr is 1.56271813.

Blackline Inc Daily Average True Range (ATR) ChartBlackline Inc Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Blackline Inc. The current obv is -4,186.

Blackline Inc Daily On-Balance Volume (OBV) ChartBlackline Inc Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Blackline Inc. The current mfi is 23.80.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Blackline Inc Daily Money Flow Index (MFI) ChartBlackline Inc Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Blackline Inc.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-30 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-01 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-04 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-06 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-07 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-08 00:00:00WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-13 00:00:00SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-14 00:00:00SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-18 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-19 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-20 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-22 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-27 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-28 00:00:00WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-29 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-01-02 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-03 00:00:00ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-08 00:00:00ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-09 00:00:00WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-12 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-15 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-17 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-18 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-19 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-22 00:00:00WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-24 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-29 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-30 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-31 00:00:00CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-01 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-05 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-06 00:00:00CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-07 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-08 00:00:00CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-12 00:00:00SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-13 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-14 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-15 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-16 00:00:00CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-19 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-20 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-21 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-23 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-26 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-29 00:00:00MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-01 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-04 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-05 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-06 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-11 00:00:00MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-13 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-14 00:00:00MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-20 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-21 00:00:00SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-22 00:00:00CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-25 00:00:00CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-26 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-03-27 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-04-02 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-03 00:00:00CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-04-04 00:00:00CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-04-05 00:00:00CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-04-08 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-09 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-10 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-15 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-16 00:00:00CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-04-17 00:00:00BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-04-18 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.

6.3. Candlestick Patterns

Blackline Inc Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Blackline Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5038.435
Ma 20Greater thanMa 5057.875
Ma 50Greater thanMa 10056.798
Ma 100Greater thanMa 20055.789
OpenGreater thanClose53.500
Total3/5 (60.0%)
Penke

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