BLUE BIRD CORP (BLBD) Stock Technical Analysis
NASDAQ:BLBD - Nasdaq - US0953061068 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to BLBD. In the last year, BLBD was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
When comparing the yearly performance of all stocks, BLBD is a bad performer in the overall market: 69% of all stocks are doing better.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month BLBD has a been trading in the 37.68 - 42.60 range, which is quite wide. It is currently trading near the high of this range.
BLBD is an average performer in the Machinery industry, it outperforms 43% of 128 stocks in the same industry.
BLBD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BLBD is lagging the market.
BLBD has an average technical rating and it also 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
33.97
42.81
When analyzing the support we can see 2 important areas.
- A support zone ranging from 37.95 to 39.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @34.31 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 41.16 to 41.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @42.39 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 BLBD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BLBD is up. |
| ChartMill Relative Strength | 31.21 | NEUTRAL | BLBD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BLBD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BLBD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BLBD is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 62.16 | NEUTRAL | The RSI value for BLBD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests BLBD has a positive trend. |
| Stochastics (14,3) | 79.91 | NEUTRAL | The Stochastics value for BLBD is a neutral value. |
| Average True Range in percent/ATR (20) | 2.96 | MEDIUM VOLATILITY | The ATR as a percentage value for BLBD suggests some volalility. |
| Average Directional Index/ADX (14) | 27.64 | POSITIVE | The high ADX value value for BLBD 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)
41.15
-0.42 (-1.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-1.01%
1 Week5.43%
2 Weeks5.27%
1 Month1.38%
3 Month20.11%
6 Month-5.86%
12 Month-26.24%
2 Year83.05%
3 Year346.8%
5 Year174.52%
10 Year216.78%
15 YearN/A
Volatility
ATR(14)1.19
ATR(20)%2.96%
ATR Inc29.66%
Range Today1.55
ADR(20)1.16
ADR(20)%2.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS31.21
Mansfield-0.66
10 Day High42.6
10 Day Low37.68
20 Day High42.6
20 Day Low37.68
52 Week High57.8
52 Week Low30.04
CS1 End39.86
CR1 Start41.16
Volume & EV
DER(3)0.52%
DER(5)0.14%
Volume347.30K
Volume Incr-12.87%
Vol(5)365.05K
Vol(50)450.68K