BLADE AIR MOBILITY INC (BLDE) Stock Technical Analysis
USA - NASDAQ:BLDE - US0926671043 - Common Stock
4.73 USD
+0.15 (+3.28%)
4.75 USD
+0.02 (+0.42%)
We assign a technical rating of 10 out of 10 to BLDE. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BLDE is showing a nice and steady performance.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, BLDE did better than 89% of all other stocks.
BLDE is part of the Passenger Airlines industry. There are 21 other stocks in this industry. BLDE outperforms 75% of them.
BLDE is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BLDE is lagging the market slightly.
In the last month BLDE has a been trading in the 3.67 - 4.97 range, which is quite wide. It is currently trading near the high of this range.
BLDE has an average volume of 1204030 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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
2.66
4.85
When analyzing the support we can see 4 important areas.
- A support zone ranging from 4.35 to 4.35. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 4.01 to 4.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.68 from a horizontal line in the daily time frame.
- Support @2.69 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @4.80 from a horizontal line in the weekly 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 | 89.75 | POSITIVE | BLDE has a high relative strength, it outperformed 89.75% 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) | 62.86 | NEUTRAL | The RSI value for BLDE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests BLDE has a positive trend. |
| Stochastics (14,3) | 90.74 | OVERBOUGHT | The high Stochastics value suggests BLDE may be overbought. |
| Average True Range in percent/ATR (20) | 6.61 | HIGH VOLATILITY | The high ATR as a percentage value for BLDE suggests high volalility. |
| Average Directional Index/ADX (14) | 20.43 | NEUTRAL | The ADX value for BLDE 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)
4.73
+0.15 (+3.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryPassenger Airlines
Performance
% Chg3.28%
1 Week11.56%
2 Weeks8.99%
1 Month18.55%
3 Month35.53%
6 Month39.94%
12 Month51.12%
2 Year48.28%
3 Year-8.33%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%6.61%
ATR Inc-17.51%
Range Today0.21
ADR(20)0.27
ADR(20)%5.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.75
Mansfield1.87
10 Day High4.76
10 Day Low3.94
20 Day High4.97
20 Day Low3.68
52 Week High5.17
52 Week Low2.35
CS1 End4.35
CR1 Start4.8
Volume & EV
DER(3)1.31%
DER(5)3.09%
Volume619.00K
Volume Incr-71.96%
Vol(5)537.20K
Vol(50)1.20M