BLACKSKY TECHNOLOGY -CW24 (BKS.W) Stock Technical Analysis
NYSE:BKS.W - New York Stock Exchange, Inc. -
Overall BKS.W gets a technical rating of 8 out of 10. In the last year, BKS.W was one of the better performers, but we do observe some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, BKS.W did better than 99% of all other stocks.
BKS.W is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BKS.W is lagging the market.
In the last month BKS.W has a been trading in the 0.21 - 0.33 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, BKS.W also presents a decent setup pattern. Prices have been consolidating lately. We notice that large players showed an interest for BKS.W 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
0.11
0.30
3 important support areas can be observed.
- A support zone ranging from 0.23 to 0.23. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @0.15 from a trend line in the daily time frame.
- Support @0.11 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @0.29 from a trend line in the daily time frame.
- A resistance zone ranging from 0.30 to 0.30. 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 BKS.W is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BKS.W is neutral. |
| ChartMill Relative Strength | 99.75 | POSITIVE | BKS.W has a high relative strength, it outperformed 99.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BKS.W is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BKS.W is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BKS.W is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.84 | NEUTRAL | The RSI value for BKS.W is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests BKS.W has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 43.87 | NEUTRAL | The Stochastics value for BKS.W is a neutral value. |
| Average True Range in percent/ATR (20) | 18.17 | HIGH VOLATILITY | The high ATR as a percentage value for BKS.W suggests high volalility. |
| Average Directional Index/ADX (14) | 11.81 | NEGATIVE | The low ADX value for BKS.W suggests a weak or negative trend. |
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)
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 |
|---|---|---|---|
| 0.30 | 0.22 | 0.08 (26.67%) | 3.75% |
| An entry @0.30. This is a Buy Stop order right above the resistance zone. | An exit @0.22. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.08 points, which is 26.67%. | When investing 3.75% 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.
0.27
+0.01 (+4.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg4.29%
1 Week12.59%
2 Weeks3.85%
1 Month-3.57%
3 Month101.95%
6 Month-3.26%
12 Month1243.28%
2 Year23.29%
3 Year-12.93%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%18.17%
ATR Inc-0.7%
Range Today0.05
ADR(20)0.05
ADR(20)%18.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.75
Mansfield7.13
10 Day High0.32
10 Day Low0.21
20 Day High0.33
20 Day Low0.21
52 Week High0.47
52 Week Low0.02
CS1 End0.23
CR1 Start0.29
Volume & EV
DER(3)28.11%
DER(5)3.04%
Volume73.52K
Volume Incr-40.42%
Vol(5)64.96K
Vol(50)78.85K