Overall BLBX gets a technical rating of 10 out of 10. Both in the recent history as in the last year, BLBX has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, BLBX also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. We notice that large players showed an interest for BLBX in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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6.78
When analyzing the support we can see 4 important areas.
- Support @7.76 from a trend line in the daily time frame.
- A support zone ranging from 7.55 to 7.63. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @7.09 from a trend line in the weekly time frame.
- A support zone ranging from 6.85 to 6.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @9.18 from a horizontal line in the weekly time frame.
- Resistance @9.34 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 BLBX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BLBX is up. |
| ChartMill Relative Strength | 99.21 | POSITIVE | BLBX has a high relative strength, it outperformed 99.21% 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 | MIXED | The current price of BLBX is below 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) | 52.43 | NEUTRAL | The RSI value for BLBX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests BLBX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 38.12 | NEUTRAL | The Stochastics value for BLBX is a neutral value. |
| Average True Range in percent/ATR (20) | 11.61 | HIGH VOLATILITY | The high ATR as a percentage value for BLBX suggests high volalility. |
| Average Directional Index/ADX (14) | 15.14 | NEGATIVE | The low ADX value for BLBX suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 9.19 | 7.75 | 1.44 (15.67%) | 6.38% |
| An entry @9.19. This is a Buy Stop order right above the resistance zone. | An exit @7.75. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.44 points, which is 15.67%. | For a 1.00% total portfolio risk, you can invest 6.38% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of BLBX. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
8.43
+0.27 (+3.31%)
BLACKBOXSTOCKS INC / BLBX FAQ
What is the technical rating for BLBX stock?
ChartMill assigns a technical rating of 10 / 10 to BLBX.
What is the current trend direction of BLACKBOXSTOCKS INC (BLBX) stock?
The current trend direction for BLACKBOXSTOCKS INC (BLBX) is Bullish.
What is the RSI signal for BLACKBOXSTOCKS INC (BLBX) stock?
BLACKBOXSTOCKS INC (BLBX) has an RSI value of 52.4267. This indicates that the stock is currently neutral.
What is the MACD signal for BLBX stock?
The MACD indicator for BLACKBOXSTOCKS INC (BLBX) has a value of -0.0209339, indicating a bearish trend.
Can you provide the buy/sell signal for BLACKBOXSTOCKS INC?
The buy/sell signal for BLACKBOXSTOCKS INC (BLBX) is buy as both the short term and long term trends are positive.