BLACKROCK INC.

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
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High / Low range:	-

Type:	Stocks
Ticker:	BLK
ISIN:

BLACKROCK INC. - Weekly - Technical analysis published on 08/12/2024 (GMT)

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Timeframe : Weekly
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

83%

17%

My opinion

Bullish above 744.15 USD

My targets

908.95 USD (+6.16%)

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 744.15 USD. The buyers' bullish objective is set at 908.95 USD. A bullish break in this resistance would boost the bullish momentum. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

8.8

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 pitiantuta. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

BLACKROCK INC. rating 856.21 USD. Over 5 days, this instrument gained +3.06% and was traded between 843.62 USD and 862.21 USD over the period. The price is currently at +1.49% from its lowest point and -0.70% from its highest point.

843.62

862.21

856.21

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

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

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

A technical analysis in Weekly of this BLACKROCK INC. chart shows a strongly bullish trend. 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 market scanner currently does not detect any result that concerns moving averages.

In fact, 15 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Weekly

The Central Indicators scanner specialised in technical indicators, has not detected anything further.

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

Near horizontal support

Type : Bullish

Timeframe : Weekly

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

Piercing line

Type : Bullish

Timeframe : Weekly

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	586.59	744.15	837.11	856.21	908.95
Change (%)	-31.49%	-13.09%	-2.23%	-	+6.16%
Change	-269.62	-112.06	-19.10	-	+52.74
Level	Minor	Major	Intermediate	-	Major

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	837.53	843.66	849.94	856.07	862.35	868.48	874.76
Camarilla	852.80	853.94	855.07	856.21	857.35	858.49	859.62
Woodie	837.60	843.70	850.01	856.11	862.42	868.52	874.83
Fibonacci	843.66	848.40	851.33	856.07	860.81	863.74	868.48

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	782.70	810.99	828.51	856.80	874.32	902.61	920.13
Camarilla	833.42	837.62	841.82	846.02	850.22	854.42	858.62
Woodie	777.31	808.30	823.12	854.11	868.93	899.92	914.74
Fibonacci	810.99	828.49	839.30	856.80	874.30	885.11	902.61

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	700.25	738.94	807.72	846.41	915.19	953.88	1,022.66
Camarilla	846.95	856.80	866.65	876.50	886.35	896.20	906.05
Woodie	715.30	746.46	822.77	853.93	930.24	961.40	1,037.71
Fibonacci	738.94	779.99	805.36	846.41	887.46	912.83	953.88

Numerical data

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

Technical indicators

Moving averages

RSI (14):	65.69
MACD (12,26,9):	22.1000
Directional Movement:	11.84
AROON (14):	92.86
DEMA (21):	831.70
Parabolic SAR (0,02-0,02-0,2):	774.02
Elder Ray (13):	21.88
Super Trend (3,10):	763.78
Zig ZAG (10):	856.21
VORTEX (21):	1.0300
Stochastique (14,3,5):	83.28
TEMA (21):	836.31
Williams %R (14):	-21.21
Chande Momentum Oscillator (20):	49.31
Repulse (5,40,3):	5.8800
ROCnROLL:	1
TRIX (15,9):	0.2800
Courbe Coppock:	13.48

MA7:	847.71
MA20:	846.06
MA50:	808.97
MA100:	795.86
MAexp7:	831.93
MAexp20:	804.23
MAexp50:	767.53
MAexp100:	731.35
Price / MA7:	+1.00%
Price / MA20:	+1.20%
Price / MA50:	+5.84%
Price / MA100:	+7.58%
Price / MAexp7:	+2.92%
Price / MAexp20:	+6.46%
Price / MAexp50:	+11.55%
Price / MAexp100:	+17.07%

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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