BlackLine, Inc. (NASDAQ:BL) Dropped -0.6% – Here’s Why

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For its latest trading sesion, BlackLine, Inc. (NASDAQ:BL) dropped by -0.6% – here is what that looked like (as of 2019-12-26):

What’s the reason for these moves? To have a greater insight of what is happening, it is helpful to analyze some technical indicators. As we see it, you should pay the most attention to the following:

A Money Flow Index (MFI) of 100.0, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of 100.0, a Moving Average Convergence Divergence (MACD) of 0.004, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 1.038, an Accumulation/Distribution Index (ADI) of 1.038, an On-Balance Volume (OBV) of 275.001, and a Chaiikin Money Flow (CMF) of 52.74. 12.0

Now let’s plug these indicators in. According to Trading View, this is what it all means:

So there you have it – our analysis of BlackLine, Inc. (NASDAQ:BL). That’s what we have now, but please BE EDUCATED! Do your own research, and absolutely do not rely solely on the above – investigate things for yourself.