BLACKBERRY LTD (BBRY) Stock Technical Analysis
USA - NASDAQ:BBRY - CA09228F1036
Overall BBRY gets a technical rating of 10 out of 10. Both in the recent history as in the last year, BBRY has proven to be a steady performer, scoring decent points in every aspect analyzed.
BBRY 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.
More info and screens
6.99
When analyzing the support we can see 5 important areas.
- A support zone ranging from 11.01 to 11.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 9.49 to 9.58. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @9.32 from a trend line in the weekly time frame.
- Support @8.95 from a trend line in the daily time frame.
- Support @7.06 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 11.58 to 11.58. 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 BBRY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BBRY is up. |
| ChartMill Relative Strength | 90.21 | POSITIVE | BBRY has a high relative strength, it outperformed 90.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BBRY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BBRY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BBRY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 75.73 | OVERBOUGHT | The high RSI value suggests BBRY may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests BBRY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 94.55 | OVERBOUGHT | The high Stochastics value suggests BBRY may be overbought. |
| Average True Range in percent/ATR (20) | 3.36 | MEDIUM VOLATILITY | The ATR as a percentage value for BBRY suggests some volalility. |
11.57
+0.08 (+0.7%)
BLACKBERRY LTD / BBRY FAQ
Can you provide the ChartMill technical rating for BLACKBERRY LTD?
ChartMill assigns a technical rating of 10 / 10 to BBRY.
Can you provide the trend direction for BLACKBERRY LTD?
The current trend direction for BLACKBERRY LTD (BBRY) is Bullish.
Can you provide the RSI signal for BLACKBERRY LTD?
BLACKBERRY LTD (BBRY) has an RSI value of 75.7332. This indicates that the stock is currently overbought.
What is the short term momentum for BLACKBERRY LTD (BBRY) stock?
The short term momentum for BLACKBERRY LTD (BBRY) is positive.
Can you provide the buy/sell signal for BLACKBERRY LTD?
The buy/sell signal for BLACKBERRY LTD (BBRY) is buy as both the short term and long term trends are positive.