BLACKBOXSTOCKS INC (BLBX) Stock Technical Analysis
NASDAQ:BLBX - US09229E3036 - Common Stock
5.96 USD
-0.26 (-4.18%)
6.35 USD
+0.39 (+6.54%)
Overall BLBX gets a technical rating of 7 out of 10. In the last year, BLBX was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month BLBX has a been trading in the 5.90 - 8.05 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, BLBX did better than 97% of all other stocks. On top of that, BLBX also shows a nice and consistent pattern of rising prices.
BLBX is one of the better performing stocks in the Software industry, it outperforms 94% of 282 stocks in the same industry.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
BLBX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BLBX is lagging the market.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, BLBX also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
4.21
6.06
When analyzing the support we can see 2 important areas.
- Support @4.49 from a trend line in the weekly time frame.
- Support @4.25 from a trend line in the daily time frame.
We found 1 important resistance area.
- Resistance @6.00 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 | DOWN | NEGATIVE | The short term trend for BLBX is down. |
| ChartMill Relative Strength | 97.38 | POSITIVE | BLBX has a high relative strength, it outperformed 97.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BLBX is below a declining 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) | 42.96 | NEUTRAL | The RSI value for BLBX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests BLBX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.42 | OVERSOLD | The low Stochastics value suggests BLBX may be oversold. |
| Average True Range in percent/ATR (20) | 8.85 | HIGH VOLATILITY | The high ATR as a percentage value for BLBX suggests high volalility. |
| Average Directional Index/ADX (14) | 24.46 | NEUTRAL | The ADX value for BLBX suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
5.96
-0.26 (-4.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-4.18%
1 Week-0.88%
2 Weeks-8.6%
1 Month-17.68%
3 Month65.29%
6 Month99.2%
12 Month171.99%
2 Year129.76%
3 Year30.57%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.56
ATR(20)%8.85%
ATR Inc-12.25%
Range Today0.28
ADR(20)0.54
ADR(20)%9.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.38
Mansfield5.08
10 Day High7.11
10 Day Low5.9
20 Day High8.05
20 Day Low5.9
52 Week High9.5
52 Week Low1.51
CS1 End6
CR1 StartN/A
Volume & EV
DER(3)0.32%
DER(5)-1.03%
Volume30.52K
Volume Incr-9.7%
Vol(5)45.58K
Vol(50)96.82K