BLBX Technical Analysis - BLACKBOXSTOCKS INC

Technical Rating and Analysis

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

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

When comparing the yearly performance of all stocks, we notice that BLBX is one of the better performing stocks in the market, outperforming 98% of all stocks. On top of that, BLBX also shows a nice and consistent pattern of rising prices.

BLBX is part of the Software industry. There are 282 other stocks in this industry. BLBX outperforms 97% of them.

BLBX is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.

In the last month BLBX has a been trading in the 5.92 - 16.99 range, which is quite wide. It is currently trading near the high of this range.

Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.

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

BLACKBOXSTOCKS INC / BLBX Weekly stock chart

BLACKBOXSTOCKS INC / BLBX Daily stock chart

Setup Rating and Analysis

Although BLBX has an excellent technical rating, it does not present a decent entry opportunity 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

14.66

14.96

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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 BLBX is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for BLBX is up.
ChartMill Relative Strength	98.68	POSITIVE	BLBX has a high relative strength, it outperformed 98.68% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of BLBX is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of BLBX is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of BLBX is above the rising SMA(200).
Relative Strength Index/RSI (14)	85.45	OVERBOUGHT	The high RSI value suggests BLBX may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.81	POSITIVE	The MACD value suggests BLBX has a positive trend.
Stochastics (14,3)	73.99	NEUTRAL	The Stochastics value for BLBX is a neutral value.
Average True Range in percent/ATR (20)	8.18	HIGH VOLATILITY	The high ATR as a percentage value for BLBX suggests high volalility.
Average Directional Index/ADX (14)	27.65	POSITIVE	The high ADX value value for BLBX suggests a strong trend.