What is the Market's View on Blackline Inc (BL) Stock's Price and Volume Trends Friday?

The market has been high on Blackline Inc (BL) stock recently. BL gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Blackline Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on BL!

See Full BL Report

What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With BL Stock Today?

Blackline Inc (BL) stock is trading at $123.59 as of 11:29 AM on Friday, Sep 17, a decline of -$0.77, or -0.62% from the previous closing price of $124.36. The stock has traded between $123.37 and $125.82 so far today. Volume today is below average. So far 182,091 shares have traded compared to average volume of 407,806 shares. To screen for more stocks like Blackline Inc click here.

More About Blackline Inc

BlackLine is a provider of financial and accounting software. The company's products, which help support and automate accounting and financial workflows, include financial close, account reconciliation, intercompany accounting, and control assurance. BlackLine's software seeks to improve the dependability of its clients' financial reporting. BlackLine was founded in 2001 and is headquartered in Los Angeles. Click Here to get the full Stock Report for Blackline Inc stock.