BLACKSKY TECHNOLOGY INC (BKSY) Technical Analysis
NYSE:BKSY • US09263B2079
Current stock price
BKSY Technical Rating and Analysis
Overall BKSY gets a technical rating of 10 out of 10. 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.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, BKSY did better than 98% of all other stocks. We also observe that the gains produced by BKSY over the past year are nicely spread over this period.
- BKSY is part of the Professional Services industry. There are 86 other stocks in this industry. BKSY outperforms 96% of them.
- BKSY is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month BKSY has a been trading in the 21.09 - 41.40 range, which is quite wide. It is currently trading near the high of this range.
- BKSY has an average volume of 1705340 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
BKSY Weekly and Daily overview Charts
BKSY Setup Rating and Analysis
Although BKSY has an excellent technical rating, it does not present a decent entry opportunity 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
BKSY Support and Resistance Analysis
18.56
We found 4 important support areas.
- A support zone ranging from 37.10 to 37.41. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @24.10 from a trend line in the daily time frame.
- Support @21.87 from a trend line in the weekly time frame.
- Support @18.75 from a horizontal line in the daily time frame.
BKSY Technical Indicator Signal Analysis
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 | 98.55 | POSITIVE | BKSY has a high relative strength, it outperformed 98.55% 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) | 67.87 | NEUTRAL | The RSI value for BKSY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.61 | POSITIVE | The MACD value suggests BKSY has a positive trend. |
| Stochastics (14,3) | 83.55 | OVERBOUGHT | The high Stochastics value suggests BKSY may be overbought. |
| Average True Range in percent/ATR (20) | 9.89 | HIGH VOLATILITY | The high ATR as a percentage value for BKSY suggests high volalility. |
| Average Directional Index/ADX (14) | 29.7 | POSITIVE | The high ADX value value for BKSY suggests a strong trend. |
BKSY Chart- and CandleStick Pattern Analysis
BKSY Technicals: Chart, Performance Metrics, Trend & Indicators
38.94
+1.52 (+4.06%)
BLACKSKY TECHNOLOGY INC / BKSY TA FAQ
Can you provide the ChartMill technical rating for BLACKSKY TECHNOLOGY INC?
ChartMill assigns a technical rating of 10 / 10 to BKSY.
Can you provide the trend direction for BLACKSKY TECHNOLOGY INC?
The current trend direction for BLACKSKY TECHNOLOGY INC (BKSY) is Bullish.
What is the RSI signal for BKSY stock?
BLACKSKY TECHNOLOGY INC (BKSY) has an RSI value of 67.8713. This indicates that the stock is currently neutral.
What is the short term momentum for BKSY stock?
The short term momentum for BLACKSKY TECHNOLOGY INC (BKSY) is positive.
What is the support and resistance level for BKSY stock?
BLACKSKY TECHNOLOGY INC (BKSY) has a support level at 37.41. Check the full technical report for our detailed analysis of BKSY support and resistance levels.