BLACKBOXSTOCKS INC (BLBX) Technical Analysis
NASDAQ:BLBX • US09229E3036
Taking everything into account, BLBX scores 10 out of 10 in our technical rating. 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.
- 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 99% 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 277 other stocks in this industry. BLBX outperforms 100% of them.
- BLBX is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so BLBX is leading the market.
- In the last month BLBX has a been trading in the 9.30 - 18.92 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.
Although BLBX has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
6.47
We found 3 important support areas.
- Support @10.31 from a trend line in the daily time frame.
- Support @7.63 from a horizontal line in the daily time frame.
- Support @6.54 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 BLBX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BLBX is up. |
| ChartMill Relative Strength | 99.51 | POSITIVE | BLBX has a high relative strength, it outperformed 99.51% 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) | 74.65 | OVERBOUGHT | The high RSI value suggests BLBX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.52 | POSITIVE | The MACD value suggests BLBX has a positive trend. |
| Stochastics (14,3) | 91.17 | OVERBOUGHT | The high Stochastics value suggests BLBX may be overbought. |
| Average True Range in percent/ATR (20) | 8.25 | HIGH VOLATILITY | The high ATR as a percentage value for BLBX suggests high volalility. |
| Average Directional Index/ADX (14) | 26.44 | POSITIVE | The high ADX value value for BLBX suggests a strong trend. |
BLBX Technicals: Chart, Performance Metrics, Trend & Indicators
18.15
+2.75 (+17.86%)
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 trend direction for 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 74.6479. This indicates that the stock is currently overbought.
What is the buy/sell signal for BLACKBOXSTOCKS INC (BLBX) stock?
The buy/sell signal for BLACKBOXSTOCKS INC (BLBX) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for BLACKBOXSTOCKS INC (BLBX) stock?
BLACKBOXSTOCKS INC (BLBX) has a support level at 10.31. Check the full technical report for our detailed analysis of BLBX support and resistance levels.