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 03/18/2024 (GMT)

Londinia

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

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Bearish

Technical indicators

17%

72%

11%

My opinion

Bearish under 813.95 USD

My targets

790.38 USD (-1.45%)

773.96 USD (-3.50%)

My analysis

BLACKROCK INC. is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 813.95 USD. The next support located at 790.38 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 773.96 USD. Below this support, sellers could then target 765.25 USD.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.

Force

6.1

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

BLACKROCK INC. rating 802.00 USD. The price registered a decrease of -0.07% on the session with the lowest point at 802.00 USD and the highest point at 806.27 USD. The deviation from the price is 0% for the low point and -0.53% for the high point.

802.00

806.27

802.00

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

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 for higher/lower results shows the following items:

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in 1H of this BLACKROCK INC. chart shows a bearish trend. The signals given by moving averages are 75.00% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

Technical indicators are strongly bearish, suggesting that the price decline is expected to continue.
Caution: the Central Indicators scanner currently detects an excess:

MACD indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour

RSI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : 1 hour

Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour

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

Near horizontal support

Type : Bullish

Timeframe : 1 hour

Near support of channel

Type : Bullish

Timeframe : 1 hour

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	773.96	790.38	800.50	802.00	813.95	836.12	845.00
Change (%)	-3.50%	-1.45%	-0.19%	-	+1.49%	+4.25%	+5.36%
Change	-28.04	-11.62	-1.50	-	+11.95	+34.12	+43.00
Level	Minor	Intermediate	Major	-	Major	Intermediate	Intermediate

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	780.51	789.43	795.97	804.89	811.43	820.35	826.89
Camarilla	798.27	799.69	801.10	802.52	803.94	805.35	806.77
Woodie	779.33	788.84	794.79	804.30	810.25	819.76	825.71
Fibonacci	789.43	795.33	798.98	804.89	810.79	814.44	820.35

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	750.82	774.58	788.55	812.31	826.28	850.04	864.01
Camarilla	792.14	795.60	799.06	802.52	805.98	809.44	812.90
Woodie	745.93	772.13	783.66	809.86	821.39	847.59	859.12
Fibonacci	774.58	788.99	797.90	812.31	826.72	835.63	850.04

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):	36.94
MACD (12,26,9):	-5.3300
Directional Movement:	-25.10
AROON (14):	-92.86
DEMA (21):	804.95
Parabolic SAR (0,02-0,02-0,2):	813.49
Elder Ray (13):	-4.46
Super Trend (3,10):	819.69
Zig ZAG (10):	804.96
VORTEX (21):	0.7700
Stochastique (14,3,5):	28.74
TEMA (21):	802.49
Williams %R (14):	-59.09
Chande Momentum Oscillator (20):	-6.46
Repulse (5,40,3):	-0.5800
ROCnROLL:	2
TRIX (15,9):	-0.1000
Courbe Coppock:	3.11

MA7:	818.76
MA20:	813.78
MA50:	796.99
MA100:	757.14
MAexp7:	806.31
MAexp20:	812.05
MAexp50:	818.04
MAexp100:	816.34
Price / MA7:	-2.05%
Price / MA20:	-1.45%
Price / MA50:	+0.63%
Price / MA100:	+5.92%
Price / MAexp7:	-0.53%
Price / MAexp20:	-1.24%
Price / MAexp50:	-1.96%
Price / MAexp100:	-1.76%

Quotes : - 15 min delayed data - NYSE Stocks

News

The latest news and videos published on BLACKROCK INC. at the time of the analysis were as follows:

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

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