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Archive
- 4/17/2025 -
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BlackRock (BLK) Technical Analysis
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| Summary:
| | Weekly : | | Daily : 
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| | It was the negative week for the BlackRock (BLK). During the week, the BLK gave back -3.02 points, or -0.34%, and closed at 875.78 on Thursday, April 17, 2025. Weekly volume was 19% above average.
BLK is a member of Financials Sector. Financials is the second most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See BLK long-term trend chart]
A long-term uptrend had started on October 27, 2023 at 596.18 and reached 1084.00 on January 31, 2025. BLK gained -487.82 points, or -81.82%, in 66 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (1028.91) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a long-term trend.
 Medium-term trend: [See BLK medium-term trend chart]
A medium-term downtrend had started on January 31, 2025 at 1084.00 and reached 773.70 on April 7, 2025. BLK lost 310.30 points, or 28.63%, in 9 weeks. The price is now at the 32.90% retracement level.
 Weekly Technical Indicators: [See BLK weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since January 3, 2025. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is near its high, but getting smaller. It indicates that the current medium-term downtrend is still strong, and momentum is beginning to wane. Use the following link to access a MACD help.
 Short-term trend: [See BLK short-term trend chart]
A short-term uptrend had started on April 7, 2025 at 773.70 and reached 904.90 on April 9, 2025. BLK gained -131.20 points, or -16.96%, in 2 days. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Daily Technical Indicators: [See BLK daily technical indicators chart]
Daily technical indicators are neutral.
During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
The distance between the Bollinger Bands is 157.27% higher then one year average. It indicates the period of high volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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