BLACKBERRY LTD (BB) Technical Analysis
NYSE:BB • CA09228F1036
Current stock price
4.86 USD
+0.17 (+3.62%)
At close:
4.8014 USD
-0.06 (-1.21%)
After Hours:
BB Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to BB. 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 short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- When comparing the yearly performance of all stocks, we notice that BB is one of the better performing stocks in the market, outperforming 85% of all stocks. We also observe that the gains produced by BB over the past year are nicely spread over this period.
- BB is one of the better performing stocks in the Software industry, it outperforms 90% of 271 stocks in the same industry.
- BB is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BB is lagging the market slightly.
- In the last month BB has a been trading in the 3.12 - 4.94 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- BB has an average volume of 8876760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
BB Weekly and Daily overview Charts
BB Setup Rating and Analysis
Although BB has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
BB Support and Resistance Analysis
3.17
5.06
When analyzing the support we notice one important area.
- Support @3.20 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 4.97 to 5.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
BB 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for BB is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BB is up. |
| ChartMill Relative Strength | 85.29 | POSITIVE | BB has a high relative strength, it outperformed 85.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 86.34 | OVERBOUGHT | The high RSI value suggests BB may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests BB has a positive trend. |
| Stochastics (14,3) | 96.93 | OVERBOUGHT | The high Stochastics value suggests BB may be overbought. |
| Average True Range in percent/ATR (20) | 3.91 | MEDIUM VOLATILITY | The ATR as a percentage value for BB suggests some volalility. |
| Average Directional Index/ADX (14) | 40.32 | POSITIVE | The high ADX value value for BB suggests a strong trend. |
BB 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)
BB Technicals: Chart, Performance Metrics, Trend & Indicators
4.86
+0.17 (+3.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg3.62%
1 Week26.56%
2 Weeks40.46%
1 Month47.27%
3 Month25.26%
6 Month8.24%
12 Month53.31%
2 Year74.19%
3 Year24.3%
5 Year-44.96%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%3.91%
ATR Inc152.5%
Range Today0.27
ADR(20)0.17
ADR(20)%3.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.29
3 months CRS92.82
6 months CRS66.31
Mansfield1.23
10 Day High4.94
10 Day Low3.44
20 Day High4.94
20 Day Low3.12
52 Week High5.32
52 Week Low3.04
CS1 End3.2
CR1 Start4.97
Volume & EV
DER(3)2.71%
DER(5)1.79%
Volume22.60M
Volume Incr42.12%
Vol(5)15.68M
Vol(50)8.88M
BLACKBERRY LTD / BB TA FAQ
Can you provide the ChartMill technical rating for BLACKBERRY LTD?
ChartMill assigns a technical rating of 10 / 10 to BB.
Can you provide the trend direction for BLACKBERRY LTD?
The current trend direction for BLACKBERRY LTD (BB) is Bearish.
What is the RSI signal for BLACKBERRY LTD (BB) stock?
BLACKBERRY LTD (BB) has an RSI value of 86.3432. This indicates that the stock is currently overbought.
Can you provide the MACD signal for BLACKBERRY LTD?
The MACD indicator for BLACKBERRY LTD (BB) has a value of 0.151395, indicating a bearish trend.
What is the short term momentum for BLACKBERRY LTD (BB) stock?
The short term momentum for BLACKBERRY LTD (BB) is positive.