BKSY Technical Analysis - BLACKSKY TECHNOLOGY INC

Technical Rating and Analysis

Overall BKSY gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BKSY is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.

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 one of the better performing stocks in the Professional Services industry, it outperforms 97% of 82 stocks in the same industry.

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.

In the last month BKSY has a been trading in the 15.37 - 25.53 range, which is quite wide. It is currently trading near the high of this range.

BKSY has an average volume of 1751850 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.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

BLACKSKY TECHNOLOGY INC / BKSY Weekly stock chart

BLACKSKY TECHNOLOGY INC / BKSY Daily stock chart

Setup Rating and Analysis

Although BKSY has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

9.74

25.78

We found 3 important support areas.

Support @17.93 from a trend line in the weekly time frame.
Support @17.00 from a trend line in the daily time frame.
Support @9.84 from a horizontal line in the weekly time frame.

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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	98.28	POSITIVE	BKSY has a high relative strength, it outperformed 98.28% 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)	73.61	OVERBOUGHT	The high RSI value suggests BKSY may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.55	POSITIVE	The MACD value suggests BKSY has a positive trend.
Stochastics (14,3)	97.07	OVERBOUGHT	The high Stochastics value suggests BKSY may be overbought.
Average True Range in percent/ATR (20)	6.17	HIGH VOLATILITY	The high ATR as a percentage value for BKSY suggests high volalility.
Average Directional Index/ADX (14)	19.74	NEGATIVE	The low ADX value for BKSY suggests a weak or negative trend.