BLADE AIR MOBILITY INC (BLDE) Stock Technical Analysis
NASDAQ:BLDE - Nasdaq - US0926671043 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to BLDE. BLDE has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
BLDE is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
When compared to the yearly performance of all other stocks, BLDE outperforms 54% of them, which is more or less in line with the market.
BLDE is part of the Passenger Airlines industry. There are 23 other stocks in this industry, BLDE did better than 68% of them.
BLDE is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BLDE is lagging the market slightly.
BLDE has an average technical rating and it also does not offer a high quality setup 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
2.57
3.59
2 important support areas can be observed.
- A support zone ranging from 3.35 to 3.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.60 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 3.43 to 3.44. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 3.53 to 3.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for BLDE is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BLDE is up. |
| ChartMill Relative Strength | 54.61 | NEUTRAL | BLDE is not amongst the best or worst performers 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 | MIXED | The current price of BLDE is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.75 | NEUTRAL | The RSI value for BLDE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests BLDE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 69.89 | NEUTRAL | The Stochastics value for BLDE is a neutral value. |
| Average True Range in percent/ATR (20) | 5.29 | HIGH VOLATILITY | The high ATR as a percentage value for BLDE suggests high volalility. |
| Average Directional Index/ADX (14) | 33.13 | 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)
3.38
+0.02 (+0.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryPassenger Airlines
Performance
% Chg0.6%
1 Week-3.98%
2 Weeks15.75%
1 Month24.72%
3 Month-5.06%
6 Month2.42%
12 Month5.3%
2 Year4.64%
3 Year-50.94%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%5.29%
ATR Inc-43.04%
Range Today0.11
ADR(20)0.15
ADR(20)%4.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.61
Mansfield-0.23
10 Day High3.65
10 Day Low3.28
20 Day High3.65
20 Day Low2.57
52 Week High5.17
52 Week Low2.35
CS1 End3.37
CR1 Start3.43
Volume & EV
DER(3)-3.15%
DER(5)-0.92%
Volume401.30K
Volume Incr-15.63%
Vol(5)507.00K
Vol(50)619.70K