BLADE AIR MOBILITY INC-CW26 (BLDEW) Technical Analysis
NASDAQ:BLDEW
Current stock price
BLDEW Technical Rating and Analysis
Overall BLDEW gets a technical rating of 0 out of 10. BLDEW's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 85% of all other stocks performed better in the past year than BLDEW.
- BLDEW is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BLDEW is lagging the market.
- 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.
- In the last month BLDEW has a been trading in the 0.10 - 0.29 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BLDEW Weekly and Daily overview Charts
BLDEW Setup Rating and Analysis
Although the technical rating is bad, BLDEW does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 0.19. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for BLDEW in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
BLDEW Support and Resistance Analysis
0.13
We found 2 important support areas.
- A support zone ranging from 0.16 to 0.16. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @0.13 from a trend line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 0.19 to 0.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.22 from a trend line in the daily time frame.
- Resistance @0.24 from a trend line in the daily time frame.
- Resistance @0.28 from a horizontal line in the daily time frame.
BLDEW Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for BLDEW is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BLDEW is neutral. |
| ChartMill Relative Strength | 15.67 | NEGATIVE | BLDEW has a low relative strength, it was outperformed by 84.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BLDEW is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BLDEW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BLDEW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.61 | NEUTRAL | The RSI value for BLDEW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests BLDEW has a positive trend. |
| Stochastics (14,3) | 83.82 | OVERBOUGHT | The high Stochastics value suggests BLDEW may be overbought. |
| Average True Range in percent/ATR (20) | 17.41 | HIGH VOLATILITY | The high ATR as a percentage value for BLDEW suggests high volalility. |
| Average Directional Index/ADX (14) | 14.38 | NEGATIVE | The low ADX value for BLDEW suggests a weak or negative trend. |
BLDEW Chart- and CandleStick Pattern Analysis
BLDEW Technicals: Chart, Performance Metrics, Trend & Indicators
0.1794
+0.01 (+7.3%)
BLADE AIR MOBILITY INC-CW26 / BLDEW TA FAQ
What is the ChartMill technical rating of BLADE AIR MOBILITY INC-CW26 (BLDEW) stock?
ChartMill assigns a technical rating of 0 / 10 to BLDEW.
What is the current trend direction of BLADE AIR MOBILITY INC-CW26 (BLDEW) stock?
The current trend direction for BLADE AIR MOBILITY INC-CW26 (BLDEW) is Bearish.
What is the RSI signal for BLADE AIR MOBILITY INC-CW26 (BLDEW) stock?
BLADE AIR MOBILITY INC-CW26 (BLDEW) has an RSI value of 50.6141. This indicates that the stock is currently neutral.
What is the MACD signal for BLDEW stock?
The MACD indicator for BLADE AIR MOBILITY INC-CW26 (BLDEW) has a value of 0.00423327, indicating a bearish trend.
What is the support and resistance level for BLDEW stock?
BLADE AIR MOBILITY INC-CW26 (BLDEW) has a support level at 0.16 and a resistance level at 0.19. Check the full technical report for our detailed analysis of BLDEW support and resistance levels.