BLACKROCK INC.
BLACKROCK INC.
- USD (-)
- 15 min delayed data - NYSE Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: BLK
ISIN:

BLACKROCK INC. - Daily - Technical analysis published on 03/28/2024 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
67%
11%
22%
My opinion
Bullish above 813.95 USD
My targets
862.60 USD (+3.34%)
914.94 USD (+9.61%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on BLACKROCK INC. as long as the price remains well above 813.95 USD. The buyers' bullish objective is set at 862.60 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 914.94 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.9

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.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The BLACKROCK INC. rating is 834.76 USD. The price registered a decrease of -0.04% on the session and was traded between 832.00 USD and 838.68 USD over the period. The price is currently at +0.33% from its lowest and -0.47% from its highest.

832.00
838.68
834.76

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Central Gaps

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 Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this Daily chart of BLACKROCK INC. indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 12 technical indicators on 18 studied are currently bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 697.72 748.30 813.95 834.76 836.12 862.60 914.94
Change (%) -16.42% -10.36% -2.49% - +0.16% +3.34% +9.61%
Change -137.04 -86.46 -20.81 - +1.36 +27.84 +80.18
Level Intermediate Major Major - Major 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
Standard813.55818.02826.57831.04839.59844.06852.61
Camarilla831.54832.73833.93835.12836.31837.51838.70
Woodie815.59819.04828.61832.06841.63845.08854.65
Fibonacci818.02822.99826.07831.04836.01839.09844.06


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard745.07768.94796.89820.76848.71872.58900.53
Camarilla810.58815.33820.08824.83829.58834.33839.08
Woodie747.10769.96798.92821.78850.74873.60902.56
Fibonacci768.94788.74800.97820.76840.56852.79872.58


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard714.24737.57771.96795.29829.68853.01887.40
Camarilla790.47795.76801.05806.34811.63816.92822.21
Woodie719.76740.34777.48798.06835.20855.78892.92
Fibonacci737.57759.62773.24795.29817.34830.96853.01

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): 58.25
MACD (12,26,9): 6.9400
Directional Movement: 14.41
AROON (14): -50.00
DEMA (21): 828.56
Parabolic SAR (0,02-0,02-0,2): 797.80
Elder Ray (13): 12.67
Super Trend (3,10): 799.31
Zig ZAG (10): 834.22
VORTEX (21): 1.0900
Stochastique (14,3,5): 70.68
TEMA (21): 828.35
Williams %R (14): -20.94
Chande Momentum Oscillator (20): 4.20
Repulse (5,40,3): 0.3700
ROCnROLL: 1
TRIX (15,9): 0.1200
Courbe Coppock: 0.17
MA7: 827.25
MA20: 822.24
MA50: 802.75
MA100: 774.57
MAexp7: 826.36
MAexp20: 819.17
MAexp50: 803.22
MAexp100: 774.63
Price / MA7: +0.91%
Price / MA20: +1.52%
Price / MA50: +3.99%
Price / MA100: +7.77%
Price / MAexp7: +1.02%
Price / MAexp20: +1.90%
Price / MAexp50: +3.93%
Price / MAexp100: +7.76%

Quotes : - 15 min delayed data - NYSE Stocks

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

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