BLACKSKY TECHNOLOGY INC (BKSY) Stock Technical Analysis
NYSE:BKSY - New York Stock Exchange, Inc. - US09263B2079 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to BKSY. Both in the recent history as in the last year, BKSY has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
BKSY is part of the Professional Services industry. There are 82 other stocks in this industry. BKSY outperforms 100% of them.
BKSY is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BKSY is lagging the market slightly.
BKSY has an average volume of 1864510 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, BKSY did better than 98% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month BKSY has a been trading in the 12.51 - 28.85 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although BKSY has an excellent technical rating, it does not offer a high quality setup 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
10.64
24.31
When analyzing the support we can see 2 important areas.
- Support @13.47 from a trend line in the daily time frame.
- Support @10.75 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 23.71 to 24.07. This zone is formed by a combination of multiple trend lines and important moving averages 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 BKSY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BKSY is up. |
| ChartMill Relative Strength | 98.64 | POSITIVE | BKSY has a high relative strength, it outperformed 98.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BKSY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BKSY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BKSY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.56 | NEUTRAL | The RSI value for BKSY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests BKSY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.68 | NEUTRAL | The Stochastics value for BKSY is a neutral value. |
| Average True Range in percent/ATR (20) | 9.71 | HIGH VOLATILITY | The high ATR as a percentage value for BKSY suggests high volalility. |
| Average Directional Index/ADX (14) | 57.74 | POSITIVE | The high ADX value value for BKSY suggests a strong 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)
23.7
-4.59 (-16.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg-16.22%
1 Week4.22%
2 Weeks10.34%
1 Month86.47%
3 Month235.22%
6 Month102.05%
12 Month166.89%
2 Year48.87%
3 Year23.95%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.35
ATR(20)%9.71%
ATR Inc135.29%
Range Today2.71
ADR(20)2.03
ADR(20)%8.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.64
Mansfield10.45
10 Day High28.85
10 Day Low20.5
20 Day High28.85
20 Day Low12.51
52 Week High28.85
52 Week Low3.86
CS1 End13.47
CR1 Start23.71
Volume & EV
DER(3)-2.13%
DER(5)-0.24%
Volume10.24M
Volume Incr65.59%
Vol(5)3.80M
Vol(50)1.86M