BLACKROCK INC.

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	BLK
ISIN:

BLACKROCK INC. - 1H - Technical analysis published on 03/07/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Bullish

Underlying: Strongly bullish

Technical indicators

28%

11%

61%

My opinion

Bullish above 813.95 USD

My targets

836.76 USD (+0.78%)

862.60 USD (+3.89%)

My analysis

The basic bullish trend is very strong on BLACKROCK INC. but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 813.95 USD. Crossing the first resistance at 836.76 USD would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 862.60 USD as an objective. Crossing it would then enable buyers to target 914.94 USD. Caution, a return to below 813.95 USD would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.

Force

5.9

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

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Additional analysis

Quotes

The BLACKROCK INC. rating is 830.31 USD. On the day, this instrument lost -0.01% and was traded between 829.72 USD and 839.22 USD over the period. The price is currently at +0.07% from its lowest and -1.06% from its highest.

829.72

839.22

830.31

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Opening Gap UP

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The study of the highest / lowest by the Central Records scanner shows the following results:

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of BLACKROCK INC. indicates that the overall trend is strongly bullish. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. There is no crossing of moving average by the price or crossing of moving averages between themselves.

On the 18 technical indicators analysed, 5 are bullish, 11 are neutral and 2 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

Near resistance of channel

Type : Bearish

Timeframe : 1 hour

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Downside gap

Type : Bearish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	795.63	803.46	813.95	830.31	836.76	862.60	914.94
Change (%)	-4.18%	-3.23%	-1.97%	-	+0.78%	+3.89%	+10.19%
Change	-34.68	-26.85	-16.36	-	+6.45	+32.29	+84.63
Level	Major	Minor	Major	-	Intermediate	Minor	Major

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	811.15	815.79	823.10	827.74	835.05	839.69	847.00
Camarilla	827.11	828.21	829.31	830.40	831.50	832.59	833.69
Woodie	812.48	816.46	824.43	828.41	836.38	840.36	848.33
Fibonacci	815.79	820.36	823.18	827.74	832.31	835.13	839.69

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	776.73	783.55	796.68	803.50	816.63	823.45	836.58
Camarilla	804.32	806.15	807.98	809.81	811.64	813.47	815.30
Woodie	779.89	785.13	799.84	805.08	819.79	825.03	839.74
Fibonacci	783.55	791.17	795.88	803.50	811.12	815.83	823.45

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	714.24	737.57	771.96	795.29	829.68	853.01	887.40
Camarilla	790.47	795.76	801.05	806.34	811.63	816.92	822.21
Woodie	719.76	740.34	777.48	798.06	835.20	855.78	892.92
Fibonacci	737.57	759.62	773.24	795.29	817.34	830.96	853.01

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	54.31
MACD (12,26,9):	3.8000
Directional Movement:	7.13
AROON (14):	64.29
DEMA (21):	834.68
Parabolic SAR (0,02-0,02-0,2):	824.67
Elder Ray (13):	-0.78
Super Trend (3,10):	820.15
Zig ZAG (10):	830.71
VORTEX (21):	0.9600
Stochastique (14,3,5):	63.31
TEMA (21):	834.01
Williams %R (14):	-45.02
Chande Momentum Oscillator (20):	5.58
Repulse (5,40,3):	-0.2100
ROCnROLL:	-1
TRIX (15,9):	0.0800
Courbe Coppock:	1.75

MA7:	818.89
MA20:	802.68
MA50:	793.91
MA100:	742.91
MAexp7:	831.78
MAexp20:	829.11
MAexp50:	820.89
MAexp100:	811.76
Price / MA7:	+1.39%
Price / MA20:	+3.44%
Price / MA50:	+4.58%
Price / MA100:	+11.76%
Price / MAexp7:	-0.18%
Price / MAexp20:	+0.14%
Price / MAexp50:	+1.15%
Price / MAexp100:	+2.29%

Quotes : - 15 min delayed data - NYSE Stocks

News

Don't forget to follow the news on BLACKROCK INC.. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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