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 09/18/2024 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 903.60 USD
My targets
957.44 USD (+2.98%)
1,016.72 USD (+9.36%)
My analysis
BLACKROCK INC. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 903.60 USD. The next resistance located at 957.44 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 1,016.72 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

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
0
10
8.6

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

BLACKROCK INC. rating 929.69 USD. The price registered an increase of +2.78% on the session with the lowest point at 905.75 USD and the highest point at 930.36 USD. The deviation from the price is +2.64% for the low point and -0.07% for the high point.

905.75
930.36
929.69

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



Here is a more detailed summary of the historical variations registered by BLACKROCK INC.:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


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


A technical analysis in Daily of this BLACKROCK INC. chart shows a strongly bullish trend. 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.

The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

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

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily


Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Resistance of channel is broken

Type : Bullish

Timeframe : Daily



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


ProTrendLines
S3
S2
S1
Price


S3S2S1Price
ProTrendLines 832.19 861.82 903.60 929.69
Change (%) -10.49% -7.30% -2.81% -
Change -97.50 -67.87 -26.09 -
Level Major Minor 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
Standard883.16889.17896.85902.86910.54916.55924.23
Camarilla900.76902.01903.27904.52905.78907.03908.29
Woodie883.99889.59897.68903.28911.37916.97925.06
Fibonacci889.17894.40897.63902.86908.09911.32916.55


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard824.57839.36862.55877.34900.53915.32938.51
Camarilla875.29878.77882.25885.73889.21892.69896.18
Woodie828.76841.46866.74879.44904.72917.42942.70
Fibonacci839.36853.87862.84877.34891.85900.82915.32


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard747.47777.94837.22867.69926.97957.441,016.72
Camarilla871.83880.06888.28896.51904.74912.96921.19
Woodie761.89785.14851.64874.89941.39964.641,031.14
Fibonacci777.94812.22833.40867.69901.97923.15957.44

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): 71.11
MACD (12,26,9): 13.3100
Directional Movement: 16.34
AROON (14): 35.71
DEMA (21): 899.88
Parabolic SAR (0,02-0,02-0,2): 857.15
Elder Ray (13): 28.44
Super Trend (3,10): 868.88
Zig ZAG (10): 923.37
VORTEX (21): 1.0800
Stochastique (14,3,5): 92.11
TEMA (21): 901.72
Williams %R (14): -8.94
Chande Momentum Oscillator (20): 27.04
Repulse (5,40,3): 3.0500
ROCnROLL: 1
TRIX (15,9): 0.1800
Courbe Coppock: 3.90
MA7: 893.46
MA20: 882.57
MA50: 858.29
MA100: 816.34
MAexp7: 897.85
MAexp20: 882.63
MAexp50: 858.07
MAexp100: 829.64
Price / MA7: +4.06%
Price / MA20: +5.34%
Price / MA50: +8.32%
Price / MA100: +13.89%
Price / MAexp7: +3.55%
Price / MAexp20: +5.33%
Price / MAexp50: +8.35%
Price / MAexp100: +12.06%

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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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

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