BLACKSKY TECHNOLOGY -CW24 (BKS.W) Stock Technical Analysis
NYSE:BKS.W - New York Stock Exchange, Inc. -
Overall BKS.W gets a technical rating of 10 out of 10. In the last year, BKS.W was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that BKS.W is one of the better performing stocks in the market, outperforming 99% of all stocks. On top of that, BKS.W also shows a nice and consistent pattern of rising prices.
In the last month BKS.W has a been trading in the 0.17 - 0.31 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.
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.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although BKS.W has an excellent technical rating, the quality of the presented setup is not ideal 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
0.31
3 important support areas can be observed.
- Support @0.23 from a trend line in the daily time frame.
- Support @0.19 from a trend line in the daily time frame.
- Support @0.11 from a horizontal line in the daily 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 | UP | POSITIVE | The long term trend for BKS.W is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BKS.W is up. |
| ChartMill Relative Strength | 99.67 | POSITIVE | BKS.W has a high relative strength, it outperformed 99.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BKS.W is above the rising 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) | 72.18 | OVERBOUGHT | The high RSI value suggests BKS.W may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests BKS.W has a positive trend. |
| Stochastics (14,3) | 99.13 | OVERBOUGHT | The high Stochastics value suggests BKS.W may be overbought. |
| Average True Range in percent/ATR (20) | 14.05 | HIGH VOLATILITY | The high ATR as a percentage value for BKS.W suggests high volalility. |
| Average Directional Index/ADX (14) | 19.88 | 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 |
|---|---|---|---|
| 0.32 | 0.22 | 0.10 (31.83%) | 3.14% |
| An entry @0.32. This is a Buy Stop order right above the 10 day high. | 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 0.10 points, which is 31.83%. | When investing 3.14% 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.
0.3109
+0.02 (+5.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg5.14%
1 Week31.07%
2 Weeks41.38%
1 Month58.62%
3 Month122.07%
6 Month130.3%
12 Month964.73%
2 Year41.96%
3 Year0.26%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%14.05%
ATR Inc-7.47%
Range Today0.04
ADR(20)0.04
ADR(20)%13.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.67
Mansfield13.04
10 Day High0.31
10 Day Low0.19
20 Day High0.31
20 Day Low0.17
52 Week High0.47
52 Week Low0.02
CS1 End0.23
CR1 StartN/A
Volume & EV
DER(3)13.37%
DER(5)3.08%
Volume124.18K
Volume Incr95.83%
Vol(5)137.80K
Vol(50)74.15K