BL Makes Notable Cross Below Critical Moving Average

In trading on Monday, shares of BlackLine Inc (Symbol: BL) crossed below their 200 day moving average of $47.61, changing hands as low as $47.38 per share. BlackLine Inc shares are currently trading down about 7.8% on the day. The chart below shows the one year performance of BL shares, versus its 200 day moving average:

BlackLine Inc 200 Day Moving Average Chart

Looking at the chart above, BL's low point in its 52 week range is $34.0101 per share, with $57.98 as the 52 week high point — that compares with a last trade of $47.77.

Click here to find out which 9 other stocks recently crossed below their 200 day moving average »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story


Other Topics


Latest Markets Videos