BLACKBERRY LTD (BB.CA) Stock Technical Analysis
TSX:BB - Toronto Stock Exchange - CA09228F1036 - Common Stock - Currency: CAD
Overall BB gets a technical rating of 8 out of 10. In the last year, BB was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
BB has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 5.72. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for BB in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
4.44
We found 3 important support areas.
- A support zone ranging from 5.17 to 5.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.79 from a trend line in the weekly time frame.
- Support @4.48 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 5.72 to 5.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for BB.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BB.CA is up. |
| ChartMill Relative Strength | 84.7 | POSITIVE | BB.CA has a high relative strength, it outperformed 84.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BB.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BB.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BB.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.61 | NEUTRAL | The RSI value for BB.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests BB.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.93 | OVERBOUGHT | The high Stochastics value suggests BB.CA may be overbought. |
| Average True Range in percent/ATR (20) | 3.56 | MEDIUM VOLATILITY | The ATR as a percentage value for BB.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 27.77 | POSITIVE | The high ADX value value for BB.CA suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 5.78 | 5.29 | 0.49 (8.48%) | 11.80% |
| An entry @5.78. This is a Buy Stop order right above the resistance zone. | An exit @5.29. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.49 points, which is 8.48%. | For a 1.00% total portfolio risk, you can invest 11.80% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:BB (6/12/2025, 7:00:00 PM)
5.71
+0.01 (+0.18%)