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BLACKBERRY LTD (BB.CA) Stock Technical Analysis

TSX:BB - Toronto Stock Exchange - CA09228F1036 - Common Stock - Currency: CAD

5.67  -0.09 (-1.56%)

Technical Rating and Analysis

8

Taking everything into account, BB scores 8 out of 10 in our technical rating. BB has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.

The long and short term trends are both positive. This is looking good!
BB is one of the better performing stocks in the Software industry, it outperforms 74% of 63 stocks in the same industry.
In the last month BB has a been trading in the 5.17 - 5.80 range, which is quite wide. It is currently trading near the high of this range.
BB has an average volume of 1870380 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, BB did better than 84% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
BB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BB is lagging the market.
Weekly and Daily overview Charts
BLACKBERRY LTD / BB Weekly stock chart
BLACKBERRY LTD / BB Daily stock chart
Setup Rating and Analysis

9

Besides having an excellent technical rating, BB also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 5.68. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 5.65, a Stop Loss order could be placed below this zone. 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.
Support and Resistance Analysis

4.42

5.83

We found 4 important support areas.

  • A support zone ranging from 5.41 to 5.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • 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 @4.46 from a trend line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 5.68 to 5.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for BB.CA is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for BB.CA is up.
ChartMill Relative Strength84.98POSITIVEBB.CA has a high relative strength, it outperformed 84.98% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of BB.CA is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of BB.CA is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of BB.CA is above the rising SMA(200).
Relative Strength Index/RSI (14)59.46NEUTRALThe RSI value for BB.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.01POSITIVEThe MACD value suggests BB.CA has a positive trend, although the MACD value is declining.
Stochastics (14,3)83.73OVERBOUGHTThe high Stochastics value suggests BB.CA may be overbought.
Average True Range in percent/ATR (20)3.55MEDIUM VOLATILITYThe ATR as a percentage value for BB.CA suggests some volalility.
Average Directional Index/ADX (14)26.58POSITIVEThe high ADX value value for BB.CA suggests a strong trend.
Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
5.785.400.38 (6.57%)15.21%
An entry @5.78. This is a Buy Stop order right above the resistance zone.An exit @5.40. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 0.38 points, which is 6.57%.When investing 15.21% of your capital in this trade, your total portfolio risk will be 1.00%.

  • 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.
BLACKBERRY LTD / BB Daily stock chart

BLACKBERRY LTD

TSX:BB (6/10/2025, 7:00:00 PM)

5.67

-0.09 (-1.56%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-1.56%
1 Week4.42%
2 Weeks-0.87%
1 Month4.61%
3 Month-12.77%
6 Month48.04%
12 Month75.54%
2 Year-22.75%
3 Year-18.3%
5 Year-14.35%
10 Year-44.47%
15 Year-89.16%
Volatility
ATR(14)0.22
ATR(20)%3.55%
ATR Inc-24.56%
Range Today0.17
ADR(20)0.2
ADR(20)%3.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.98
Mansfield1.95
10 Day High5.8
10 Day Low5.3
20 Day High5.8
20 Day Low5.17
52 Week High8.86
52 Week Low2.89
CS1 End5.65
CR1 Start5.68
Volume & EV
DER(3)7.41%
DER(5)6.9%
Volume1.44M
Volume Incr-14.46%
Vol(5)1.46M
Vol(50)1.87M