BLACKBERRY LTD (BB)

CA09228F1036 - Common Stock

2.87  -0.02 (-0.69%)

Premarket: 2.89 +0.02 (+0.7%)

Technical Rating and Analysis

2

Overall BB gets a technical rating of 2 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. BB was also a bad performer in the overall market in the last year.

The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, BB is a bad performer in the overall market: 81% of all stocks are doing better.
BB is one of the lesser performing stocks in the Software industry. 66% of 276 stocks in the same industry do better.
BB is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BB is lagging the market.
In the last month BB has a been trading in the 2.65 - 3.24 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
BB has an average volume of 9454040 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
BB Weekly chart
BB Daily chart
Setup Rating and Analysis

5

Although the technical rating is bad, BB does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. 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

2.76

4.92

We found 1 important support area.

  • A support zone ranging from 2.79 to 2.81. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.

We can see 3 important resistance areas.

  • A resistance zone ranging from 3.05 to 3.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @3.20 from a horizontal line in the daily time frame.
  • Resistance @4.87 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.63
Mansfield-3.55
10 Day High3.24
10 Day Low2.65
20 Day High3.24
20 Day Low2.65
52 Week High5.75
52 Week Low2.46
Performance
1 Week3.99%
2 Weeks-7.42%
1 Month7.89%
3 Month-1.71%
6 Month-15.84%
12 Month-26.6%
2 Year-49.83%
3 Year-67.5%
5 Year-68.74%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)51.41
LBB2.6
UBB3.19
BB Daily chart

BLACKBERRY LTD

NYSE:BB (4/24/2024, 7:04:00 PM)

Premarket: 2.89 +0.02 (+0.7%)

2.87

-0.02 (-0.69%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-0.69%
1 Week3.99%
2 Weeks-7.42%
1 Month7.89%
3 Month-1.71%
6 Month-15.84%
12 Month-26.6%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.17
ATR(20)%5.68%
ATR Inc
Range Today0.08
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High3.24
10 Day Low2.65
20 Day High3.24
20 Day Low2.65
52 Week High5.75
52 Week Low2.46
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume4.56M
Volume Incr-44.96%
Vol(5)5.53M
Vol(50)9.45M