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BLK

weekly
Daily Weekly Monthly
DOWNTREND
Support
$950
Resistance
$1045
BLK BlackRock, Inc. weekly candlestick chart with 50-day and 200-day moving averages, EMA crossovers, and RSI momentum indicator — downtrend as of March 26, 2026
BLK Weekly chart 2026-03-26 09:18:23 UTC
AI-generated analysis — not financial advice. For educational purposes only.

BLK Weekly Technical Analysis Summary

As of March 26, 2026, BLK (BlackRock, Inc.) is in a downtrend state on the weekly chart, with a confidence level of 68%. Key support is at $950 and key resistance at $1045. Weekly selloff from the $1,150–$1,200 zone broke below the $1,000 area; price ($981.35) is now under EMA50/EMA100 and attempting a small bounce back toward the moving-average cluster.

Price Scenarios & Targets

bearish

Bearish continuation (likely Wave C of a larger ABC correction from the $1,200 top): drift/lower into the $950 support, then probe toward the larger confluence zone around the rising SMA100/EMA100 region and prior structure near $900; a bounce attempt could occur on first touch.

Price Target
$900
Path to target
First move
$950
Pullback
$1000
Final target
$900

bullish

Bullish reversal attempt (ending diagonal/ABC completion): hold $950 and reclaim the MA cluster; if price regains EMA50/SMA100 area it can squeeze back toward the broken support-turned-resistance around $1,090–$1,110 (typical 38.2%–50% retrace of the drop).

Price Target
$1110
Path to target
First move
$1045
Pullback
$1000
Final target
$1110

Key Triggers

Confirmation & Invalidation

✓ Confirmation

Confirm downtrend continuation on a weekly close below $950.

✗ Invalidation

Invalidate if weekly closes reclaim and hold above $1,045 (2+ closes) with follow-through.

Position Entry & Exit Levels

⊕ Add

Start $940 – $965
Add $900 – $925
Heavy $850 – $880

Start near first swing support ($950); add on breakdown/retest toward prior pivot + EMA200 ($894)/round-number $900; heavy add near SMA200 ($846) as higher-timeframe mean-reversion support.

⊖ Derisk

Trim 1 $1110 – $1160
Trim 2 $1160 – $1220
Close $1220 – $1300

Trim into prior distribution highs and fib retrace resistance ($1,110–$1,220); close into a full retest/extension above the prior ATH zone where upside becomes more stretched vs long MAs.

Frequently Asked Questions

What is the weekly technical outlook for BLK today?

As of March 26, 2026, BLK (BlackRock, Inc.) is in a downtrend state on the weekly chart with 68% confidence. Weekly selloff from the $1,150–$1,200 zone broke below the $1,000 area; price ($981.35) is now under EMA50/EMA100 and attempting a small bounce back toward the moving-average cluster.

What are the weekly support and resistance levels for BLK?

On the weekly timeframe, BLK has key support at $950 and key resistance at $1045. The most likely scenario (bearish) targets $950 and $900, with a revert level at $1000.

Is BLK in an uptrend or downtrend?

BLK (BlackRock, Inc.) is currently classified as downtrend on the weekly chart, with 68% confidence. Confirmation requires: Confirm downtrend continuation on a weekly close below $950. This would be invalidated by: Invalidate if weekly closes reclaim and hold above $1,045 (2+ closes) with follow-through.

What are the price targets for BLK?

The most likely scenario (bearish) targets $950 and $900, with a revert level at $1000. The alternative scenario (bullish) targets $1045 and $1110.

Other Timeframes for BLK
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