BLACKSKY TECHNOLOGY INC (BKSY) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BKSY - US09263B2079 - Common Stock
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.
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
14.64
We found 3 important support areas.
- A support zone ranging from 19.77 to 19.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 18.38 to 18.50. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @14.79 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @24.78 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 BKSY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BKSY is up. |
| ChartMill Relative Strength | 95 | POSITIVE | BKSY has a high relative strength, it outperformed 95% 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) | 65.86 | NEUTRAL | The RSI value for BKSY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.55 | POSITIVE | The MACD value suggests BKSY has a positive trend. |
| Stochastics (14,3) | 90.46 | OVERBOUGHT | The high Stochastics value suggests BKSY may be overbought. |
| Average True Range in percent/ATR (20) | 7.78 | HIGH VOLATILITY | The high ATR as a percentage value for BKSY suggests high volalility. |
| Average Directional Index/ADX (14) | 21.52 | NEUTRAL | The ADX value for BKSY suggests a possible start of a new trend. |
24.26
-0.52 (-2.1%)
BLACKSKY TECHNOLOGY INC / BKSY FAQ
Can you provide the ChartMill technical rating for BLACKSKY TECHNOLOGY INC?
ChartMill assigns a technical rating of 8 / 10 to BKSY.
Can you provide the trend direction for BLACKSKY TECHNOLOGY INC?
The current trend direction for BLACKSKY TECHNOLOGY INC (BKSY) is Bullish.
Can you provide the RSI signal for BLACKSKY TECHNOLOGY INC?
BLACKSKY TECHNOLOGY INC (BKSY) has an RSI value of 65.8569. This indicates that the stock is currently neutral.
Can you provide the MACD signal for BLACKSKY TECHNOLOGY INC?
The MACD indicator for BLACKSKY TECHNOLOGY INC (BKSY) has a value of 0.546354, indicating a bearish trend.
Can you provide the buy/sell signal for BLACKSKY TECHNOLOGY INC?
The buy/sell signal for BLACKSKY TECHNOLOGY INC (BKSY) is buy as both the short term and long term trends are positive.