BL (NASDAQ)

BL NASDAQ

Blackline

STAY LONG

54.87

Prev.Close

55.54

Change

-0.6700

Change%

-1.21%

BEARISH THREE GAP UPS

Bought at

45.97

Open

54.79

High

55.57

Low

54.42

54.87

Gain%

+19.36%

Signal History

Date	Price	Signal	Change%		$100⇨
04/24	45.97	BUY	+19.4%	✔	111
04/04	44.63	SELL	+3.0%	❌	111
04/01	49.01	BUY	-8.9%	❌	122
03/27	50.19	SELL	-2.4%	✔	123
03/14	48.95	BUY	+2.5%	✔	120
03/13	47.46	SHORT	+3.1%	❌	124
03/06	48.87	BUY	-2.9%	❌	129
02/07	64.75	SELL	-24.5%	✔	129
01/14	57.11	BUY	+13.4%	✔ 👍	114
12/18	63.05	SHORT	-9.4%	✔	104
11/21	60.01	BUY	+5.1%	✔	100

† Trade commissions are taken as 0.20%.

Pattern & Confirmation Chart for the Last 6 Months

Signal Update

Today's recommendation from our system is to STAY LONG. The previous BUY signal was issued on 04/24/2025, 25 days ago, when the stock price was 45.97. Since then, BL has risen by +19.36%.

Market Outlook

The market is no longer favoring the bulls. Bearish signs are increasing, and the likelihood of a downside breakout is significant. The share price is below the confirmation level of the last bearish pattern, but the signal is still suggesting to STAY LONG. The <SELL signal requires a black body whose close is below the confirmation level and the chance of detecting such a black candlestick is high. The Delayed Intraday Module is ON. Due to the elevated risk, closely monitoring the intraday price action has become indispensable.

Pattern Description

This is a four-day bearish reversal pattern. It consists of three consecutive days, each opening with a gap up. After Three Gap Ups, the market becomes significantly overbought, signaling a potential reversal of the current uptrend. more...

Date	Price	Signal	Change%		$100⇨
04/24	45.97	BUY	+19.4%	✔	155
04/04	44.63	SELL	+3.0%	❌	155
04/01	49.01	BUY	-8.9%	❌	171
03/27	50.19	SELL	-2.4%	✔	171
03/14	48.95	BUY	+2.5%	✔	167
03/13	47.46	SHORT	+3.1%	❌	173
03/06	48.87	BUY	-2.9%	❌	179
02/07	64.75	SELL	-24.5%	✔	179
01/14	57.11	BUY	+13.4%	✔ 👍	159
12/18	63.05	SHORT	-9.4%	✔	146
11/21	60.01	BUY	+5.1%	✔	139
11/14	60.78	SELL	-1.3%	✔	139
11/05	55.99	BUY	+8.6%	✔	129
10/30	56.23	SHORT	-0.4%	✔	129
10/09	54.92	BUY	+2.4%	✔	126
10/01	54.59	SELL	+0.6%	❌	126
09/11	48.46	BUY	+12.6%	✔ 👍	112
08/21	51.29	SELL	-5.5%	✔	113
08/19	52.03	BUY	-1.4%	❌	114
08/12	51.18	SELL	+1.7%	❌	115
08/08	49.96	BUY	+2.4%	✔	112
08/01	46.54	SHORT	+7.3%	❌	122
06/21	45.16	BUY	+3.1%	✔	118
05/09	58.99	SHORT	-23.4%	✔	96
05/02	59.34	BUY	-0.6%	❌	97
04/30	59.15	SHORT	+0.3%	❌	98
04/23	60.57	BUY	-2.3%	❌	101
04/12	63.64	SHORT	-4.8%	✔	97
04/08	64.29	BUY	-1.0%	❌	98
04/02	62.52	SHORT	+2.8%	❌	101
03/28	64.02	BUY	-2.3%	❌	104
03/14	67.40	SELL	-5.0%	✔	104
03/04	61.87	BUY	+8.9%	✔	96
02/16	59.38	SELL	+4.2%	❌	96
02/07	60.24	BUY	-1.4%	❌	98
01/25	60.10	SHORT	+0.2%	❌	98
01/17	57.96	BUY	+3.7%	✔	95
01/12	57.57	SHORT	+0.7%	❌	96
01/08	56.47	BUY	+1.9%	✔	95
01/02	60.21	SHORT	-6.2%	✔	90