BLK chart analysis today

BLK is pulling back inside a bull flag with no clear trend after the weekly downtrend broke. $1125.85 ends the flag, $1186.02 resumes the rise.

BlackRock · daily · last close $1128.10 · read computed from candles through 2026-09-01. No AI, no signal, no target.

BLK · Dailydaily
$895.81$974.04$1052.28$1130.52$1208.75avg17411908705950VolumeTrend broken $1139.29Resistance $1186.02 · breaks the bull flagSupport $949.76 · 5 touchesPOLEBULL FLAGBreaks below $1125.85Weekly resistance $1180.14

The two prices that decide it

Above
$1186.02 · the bull flag
Below
$1125.85 · the bull flag
Formation state
Still forming.
Trend
a series of higher highs and higher lows over the window, 3 steps across 45 bars — and that run is OVER: price closed below the last higher low 0 bars ago. Do not describe it as a trend that is still running.
Agreement
Structure 2 of 4 (mixed) · indicators 1 of 3 (low)

Levels and what happened there

  • Resistance $1185.20
  • Support $949.76
  • Support $929.63
  • The last three times price reached $1185.20 it held every time, bouncing 5.2% on average.
  • The last five times price reached $949.76 it held every time, bouncing 10% on average.
  • The last two times price reached $929.63 it held every time, bouncing 16% on average.
  • Bigger picture Weekly downtrend broken, daily pulling back. weekly — the downtrend broke, nearest support $854.16, rising wedge at $1110.71. Warning: the weekly downtrend broke 6 weeks ago, so the bigger chart is no longer backing a fall.
  • 52 weeks 7.5% below its 52-week high of $1219.94 and 23% above its 52-week low of $917.39.

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This page is the daily read as of 2026-09-01, computed when the site was last built. On /analyze the same engine reads the live candles on five timeframes, or a screenshot from any charting app, and Coach Chad writes it up. 1 free read every 7 days, no account.

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Every figure on this page was computed from real candle data through 2026-09-01 by the same deterministic engine that reads a chart on /analyze; no language model was involved. It describes what is on the chart. It is not advice, a signal, a forecast or a recommendation. Learn to read it yourself in the chart-reading series.

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