BL
BlackLine, Inc. Technology - Software - Application Investor Relations →
BlackLine, Inc. (BL) closed at $43.85 as of 2026-02-02, trading 24.4% below its 200-week moving average of $58.00. This places BL in the extreme value zone. The stock is currently moving closer to the line, down from -20.1% last week. With a 14-week RSI of 28, BL is in oversold territory.
Over the past 436 weeks of data, BL has crossed below its 200-week moving average 1 time. On average, these episodes lasted 208 weeks.
With a market cap of $2.7 billion, BL is a mid-cap stock. The company generates a free cash flow yield of 5.2%, which is healthy. Return on equity stands at 22.2%, indicating strong profitability. The stock trades at 8.0x book value.
Share count has increased 6.5% over three years, indicating dilution.
Over the past 8.4 years, a hypothetical investment of $100 in BL would have grown to $128, compared to $306 for the S&P 500. BL has returned 3.0% annualized vs 14.2% for the index, underperforming the broader market over this period.
Free cash flow has been growing at a 42.4% compound annual rate, with 4 consecutive years of positive cash generation. A business generating more cash every year while trading below its 200-week moving average is exactly the kind of disconnect value investors look for.
Growth of $100: BL vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After BL Crosses Below the Line?
Across 1 historical episodes, buying BL when it crossed below its 200-week moving average produced an average return of +1.0% after 12 months (median +1.0%), compared to -8.0% for the S&P 500 over the same periods. 100% of those episodes were profitable after one year. After 24 months, the average return was -16.0% vs +20.0% for the index.
Each line shows $100 invested at the moment BL crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
BL has crossed below its 200-week MA 1 time
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Feb 2022 | Ongoing | 208+ | 43.8% | Ongoing | -39.2% |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02