BLUE BIRD CORP (BLBD) Stock Technical Analysis
USA - NASDAQ:BLBD - US0953061068 - Common Stock
We assign a technical rating of 3 out of 10 to BLBD. BLBD was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
BLBD has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 51.91. Right above this resistance zone may be a good entry point.
More info and screens
49.45
We found 2 important support areas.
- A support zone ranging from 51.03 to 51.14. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 49.95 to 49.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 51.91 to 52.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @53.77 from a trend 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 | DOWN | NEGATIVE | The short term trend for BLBD is down. |
| ChartMill Relative Strength | 81.17 | POSITIVE | BLBD has a high relative strength, it outperformed 81.17% 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) | DOWN | NEGATIVE | The current price of BLBD is below a declining 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) | 45.73 | 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) | 26.53 | NEUTRAL | The Stochastics value for BLBD is a neutral value. |
| Average True Range in percent/ATR (20) | 3.33 | MEDIUM VOLATILITY | The ATR as a percentage value for BLBD suggests some volalility. |
| Average Directional Index/ADX (14) | 16.78 | NEGATIVE | The low ADX value for BLBD suggests a weak or negative trend. |
51.9
+0.29 (+0.56%)
BLUE BIRD CORP / BLBD FAQ
Can you provide the ChartMill technical rating for BLUE BIRD CORP?
ChartMill assigns a technical rating of 3 / 10 to BLBD.
What is the current trend direction of BLUE BIRD CORP (BLBD) stock?
The current trend direction for BLUE BIRD CORP (BLBD) is Bullish.
What is the RSI signal for BLBD stock?
BLUE BIRD CORP (BLBD) has an RSI value of 45.7337. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for BLUE BIRD CORP?
The buy/sell signal for BLUE BIRD CORP (BLBD) is hold as the short term and long term trends are mixed.
Can you provide the support and resistance levels for BLUE BIRD CORP?
BLUE BIRD CORP (BLBD) has a support level at 51.14 and a resistance level at 51.91. Check the full technical report for our detailed analysis of BLBD support and resistance levels.