BLACKSKY TECHNOLOGY -CW24 (BKS.W) Stock Technical Analysis
USA - NYSE:BKS.W -
We assign a technical rating of 3 out of 10 to BKS.W. Although BKS.W is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
BKS.W has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.11
2 important support areas can be observed.
- A support zone ranging from 0.13 to 0.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.11 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.16 to 0.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.22 from a trend line in the weekly time frame.
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 | DOWN | NEGATIVE | The long term trend for BKS.W is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BKS.W is neutral. |
| ChartMill Relative Strength | 95.74 | POSITIVE | BKS.W has a high relative strength, it outperformed 95.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BKS.W is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BKS.W is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BKS.W is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.61 | 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) | 37.52 | NEUTRAL | The Stochastics value for BKS.W is a neutral value. |
| Average True Range in percent/ATR (20) | 20.58 | HIGH VOLATILITY | The high ATR as a percentage value for BKS.W suggests high volalility. |
| Average Directional Index/ADX (14) | 23.17 | NEUTRAL | The ADX value for BKS.W suggests a possible start of a new trend. |
0.1451
+0 (+0.07%)
BLACKSKY TECHNOLOGY -CW24 / BKS.W FAQ
Can you provide the ChartMill technical rating for BLACKSKY TECHNOLOGY -CW24?
ChartMill assigns a technical rating of 3 / 10 to BKS.W.
What is the current trend direction of BLACKSKY TECHNOLOGY -CW24 (BKS.W) stock?
The current trend direction for BLACKSKY TECHNOLOGY -CW24 (BKS.W) is Bearish.
What is the RSI signal for BKS.W stock?
BLACKSKY TECHNOLOGY -CW24 (BKS.W) has an RSI value of 43.6135. This indicates that the stock is currently neutral.
What is the short term momentum for BKS.W stock?
The short term momentum for BLACKSKY TECHNOLOGY -CW24 (BKS.W) is neutral.
What are the support and resistance levels for BLACKSKY TECHNOLOGY -CW24 (BKS.W) stock?
BLACKSKY TECHNOLOGY -CW24 (BKS.W) has a support level at 0.13 and a resistance level at 0.16. Check the full technical report for our detailed analysis of BKS.W support and resistance levels.