BLUE BIRD CORP (BLBD) Technical Analysis
NASDAQ:BLBD • US0953061068
Current stock price
BLBD Technical Rating and Analysis
Overall BLBD gets a technical rating of 4 out of 10. Although BLBD is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- BLBD is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- When comparing the yearly performance of all stocks, we notice that BLBD is one of the better performing stocks in the market, outperforming 88% of all stocks.
- BLBD is one of the better performing stocks in the Machinery industry, it outperforms 84% of 131 stocks in the same industry.
- BLBD is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so BLBD is performing more or less in line with the market.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
BLBD Weekly and Daily overview Charts
BLBD Setup Rating and Analysis
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
BLBD Support and Resistance Analysis
46.11
When analyzing the support we can see 3 important areas.
- Support @50.43 from a trend line in the weekly time frame.
- Support @48.27 from a trend line in the daily time frame.
- A support zone ranging from 46.58 to 46.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 53.50 to 54.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 60.86 to 61.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
BLBD 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 | NEUTRAL | NEUTRAL | The long term trend for BLBD is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BLBD is down. |
| ChartMill Relative Strength | 88.14 | POSITIVE | BLBD has a high relative strength, it outperformed 88.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BLBD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of BLBD is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BLBD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.13 | NEUTRAL | The RSI value for BLBD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.94 | NEGATIVE | The MACD value suggests BLBD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.18 | OVERSOLD | The low Stochastics value suggests BLBD may be oversold. |
| Average True Range in percent/ATR (20) | 4.69 | MEDIUM VOLATILITY | The ATR as a percentage value for BLBD suggests some volalility. |
| Average Directional Index/ADX (14) | 24.3 | NEUTRAL | The ADX value for BLBD suggests a possible start of a new trend. |
BLBD Chart- and CandleStick Pattern Analysis
BLBD Technicals: Chart, Performance Metrics, Trend & Indicators
53.38
-0.12 (-0.22%)
BLUE BIRD CORP / BLBD TA FAQ
Can you provide the ChartMill technical rating for BLUE BIRD CORP?
ChartMill assigns a technical rating of 4 / 10 to BLBD.
What is the trend direction for BLBD stock?
The current trend direction for BLUE BIRD CORP (BLBD) is Bearish.
Can you provide the RSI signal for BLUE BIRD CORP?
BLUE BIRD CORP (BLBD) has an RSI value of 41.1307. This indicates that the stock is currently neutral.
What is the MACD signal for BLUE BIRD CORP (BLBD) stock?
The MACD indicator for BLUE BIRD CORP (BLBD) has a value of -0.935794, indicating a bearish trend.
What is the support and resistance level for BLBD stock?
BLUE BIRD CORP (BLBD) has a support level at 50.43 and a resistance level at 53.5. Check the full technical report for our detailed analysis of BLBD support and resistance levels.