The Greedy Trader Weekly Analysis
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- 2/27/2026 -
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BlackRock (BLK) Technical Analysis

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Summary:
Weekly :Broken trend support line
Daily :Price has crossed below the 50 Day Moving AverageThe price has declined below the moving average in the center of the Bollinger Bands
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It was the negative week for the BlackRock (BLK). During the week, the BLK dropped -30.41 points, or -2.78%, and closed at 1063.23 on Friday, February 27, 2026. Weekly volume was 21% above average.

Long-term trend: [See BLK long-term trend chart]
A long-term uptrend had started on October 13, 2022 at 503.12 and reached 1219.94 on October 15, 2025. BLK gained -716.82 points, or -142.47%, in 156 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 920.65 and resistance is at 1228.93. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a long-term trend.

Medium-term trend: [See BLK medium-term trend chart]
A medium-term uptrend had started on April 7, 2025 at 773.70 and reached 1219.94 on October 15, 2025. BLK gained -446.24 points, or -57.68%, in 27 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend support line (1081.18) 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 medium-term trend.

Weekly Technical Indicators: [See BLK weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is below its signal line since October 24, 2025. The distance between MACD and the signal line is low, but getting bigger. 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 February 12, 2026 at 1017.00 and reached 1108.22 on February 23, 2026. BLK gained -91.22 points, or -8.97%, in 11 days. The price is now at the 49.32% retracement level.

Daily Technical Indicators: [See BLK daily technical indicators chart]
Daily technical indicators are neutral.

The daily MACD line is above its signal line since February 24, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.

During the last week, the price has declined below the moving average in the center of the Bollinger Bands. 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.

During the last week, the price has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 51.72
Williams' Percentage Range (W%R) 50.00
Lane's Stochastic (%D-Slow) 62.92
Greed/Fear Indicator (GFI) 54.89
Moving Average Converg./Diverg. (MACD) -4.65
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 56.27
Williams' Percentage Range (W%R) 64.00
Lane's Stochastic (%D-Slow) 41.91
Greed/Fear Indicator (GFI) 43.11
Moving Average Converg./Diverg. (MACD) 9.19
Trading Signals
Description Value Chart
Yearly Trendline Resistance 1228.93
Monthly Trendline Resistance 1164.48
Quarterly Trendline Resistance 1164.48
Upper Bollinger Band 1119.76
50 Day Moving Average 1092.12
Daily Stochastic Crossing 1084.28
Quarterly Trendline Support 1081.18
20 Day Moving Average 1080.65
Weekly Stochastic Crossing 1075.09
Price 1063.23
Lower Bollinger Band 1049.49
Parabolic System 1039.41
Monthly Trendline Support 1021.72
Yearly Trendline Support 920.65
Sector and Industry
Description Name Rank
Sector Financials 4
Industry Asset Management & Custody Banks 40
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 1017.00
Low Date 02/12/2026
High 1108.22
High Date 02/23/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 1181.36
High Date 01/16/2026
Low 1017.00
Low Date 02/12/2026
Description Value
Direction Down
Chart Pattern Symmetric Triangle
Status Valid
Resistance 1164.48
Support 1021.72
High 1219.94
High Date 10/15/2025
Low 990.58
Low Date 11/20/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Symmetric Triangle
Status Broken Support
Resistance 1164.48
Support 1081.18
Low 773.70
Low Date 04/07/2025
High 1219.94
High Date 10/15/2025
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 1228.93
Support 920.65
Low 503.12
Low Date 10/13/2022
High 1219.94
High Date 10/15/2025
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.