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 11/21/2023 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

50%

17%

33%

My opinion

Bullish above 706.50 USD

My targets

734.47 USD (+1.90%)

759.68 USD (+5.40%)

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 706.50 USD. The buyers' bullish objective is set at 734.47 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 759.68 USD. If there is any crossing, the next objective would be the resistance located at 873.74 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

7.1

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.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The BLACKROCK INC. rating is 720.75 USD. On the day, this instrument lost -0.02% and was between 718.72 USD and 721.19 USD. This implies that the price is at +0.28% from its lowest and at -0.06% from its highest.

718.72

721.19

720.75

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

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 result:

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. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Moving Average bearish crossovers : AMA20 & AMA50

Type : Bearish

Timeframe : 1 hour

Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
But beware of excesses. The Central Indicators scanner currently detects this:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour

CCI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near horizontal support

Type : Bullish

Timeframe : 1 hour

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	661.64	674.90	706.50	720.75	720.84	734.47	759.68
Change (%)	-8.20%	-6.36%	-1.98%	-	+0.01%	+1.90%	+5.40%
Change	-59.11	-45.85	-14.25	-	+0.09	+13.72	+38.93
Level	Intermediate	Minor	Intermediate	-	Minor	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	705.25	708.68	714.80	718.23	724.35	727.78	733.90
Camarilla	718.29	719.17	720.05	720.92	721.80	722.67	723.55
Woodie	706.60	709.35	716.15	718.90	725.70	728.45	735.25
Fibonacci	708.68	712.33	714.58	718.23	721.88	724.13	727.78

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	613.69	635.91	676.39	698.61	739.09	761.31	801.79
Camarilla	699.62	705.37	711.11	716.86	722.61	728.36	734.10
Woodie	622.81	640.48	685.51	703.18	748.21	765.88	810.91
Fibonacci	635.91	659.87	674.66	698.61	722.57	737.36	761.31

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	533.14	564.66	588.47	619.99	643.80	675.32	699.13
Camarilla	597.06	602.14	607.21	612.28	617.35	622.42	627.50
Woodie	529.29	562.73	584.62	618.06	639.95	673.39	695.28
Fibonacci	564.66	585.80	598.85	619.99	641.13	654.18	675.32

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	69.94
MACD (12,26,9):	5.9700
Directional Movement:	18.56
AROON (14):	42.86
DEMA (21):	724.48
Parabolic SAR (0,02-0,02-0,2):	714.44
Elder Ray (13):	1.81
Super Trend (3,10):	712.88
Zig ZAG (10):	720.81
VORTEX (21):	1.1200
Stochastique (14,3,5):	94.64
TEMA (21):	721.53
Williams %R (14):	-17.38
Chande Momentum Oscillator (20):	0.95
Repulse (5,40,3):	0.3800
ROCnROLL:	1
TRIX (15,9):	0.1500
Courbe Coppock:	1.14

MA7:	705.84
MA20:	658.25
MA50:	652.81
MA100:	676.76
MAexp7:	719.75
MAexp20:	715.33
MAexp50:	699.22
MAexp100:	678.67
Price / MA7:	+2.11%
Price / MA20:	+9.49%
Price / MA50:	+10.41%
Price / MA100:	+6.50%
Price / MAexp7:	+0.14%
Price / MAexp20:	+0.76%
Price / MAexp50:	+3.08%
Price / MAexp100:	+6.20%

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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