BLADE AIR MOBILITY INC (BLDE) Stock Technical Analysis
NASDAQ:BLDE - Nasdaq - US0926671043 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to BLDE. BLDE has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
The long and short term trends are both positive. This is looking good!
BLDE is part of the Passenger Airlines industry. There are 22 other stocks in this industry. BLDE outperforms 85% of them.
When comparing the yearly performance of all stocks, we notice that BLDE is one of the better performing stocks in the market, outperforming 89% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
BLDE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BLDE is lagging the market.
In the last month BLDE has a been trading in the 3.31 - 4.37 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although BLDE has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
2.60
4.29
We found 3 important support areas.
- A support zone ranging from 3.88 to 3.89. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @3.55 from a horizontal line in the daily time frame.
- Support @2.63 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 4.17 to 4.25. This zone is formed by a combination of multiple trend lines 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 BLDE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BLDE is up. |
| ChartMill Relative Strength | 89.48 | POSITIVE | BLDE has a high relative strength, it outperformed 89.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BLDE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BLDE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BLDE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.99 | NEUTRAL | The RSI value for BLDE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests BLDE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 58.5 | NEUTRAL | The Stochastics value for BLDE is a neutral value. |
| Average True Range in percent/ATR (20) | 5.01 | HIGH VOLATILITY | The high ATR as a percentage value for BLDE suggests high volalility. |
| Average Directional Index/ADX (14) | 44.66 | POSITIVE | The high ADX value value for BLDE suggests a strong 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)
3.99
+0.1 (+2.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryPassenger Airlines
Performance
% Chg2.57%
1 Week-5.9%
2 Weeks13.35%
1 Month13.35%
3 Month32.12%
6 Month3.91%
12 Month26.27%
2 Year1.27%
3 Year-10.54%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%5.01%
ATR Inc-20.35%
Range Today0.15
ADR(20)0.18
ADR(20)%4.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.48
Mansfield0.98
10 Day High4.37
10 Day Low3.49
20 Day High4.37
20 Day Low3.31
52 Week High5.17
52 Week Low2.35
CS1 End3.89
CR1 Start4.17
Volume & EV
DER(3)-3.15%
DER(5)-4.08%
Volume638.40K
Volume Incr12.32%
Vol(5)860.12K
Vol(50)700.98K