BALLARD POWER SYSTEMS INC (BLDP.CA) Stock Technical Analysis
TSX:BLDP - Toronto Stock Exchange - CA0585861085 - Common Stock - Currency: CAD
Taking everything into account, BLDP scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BLDP is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month BLDP has a been trading in the 1.90 - 2.71 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, BLDP did better than 72% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
BLDP is part of the Electrical Equipment industry. There are 16 other stocks in this industry, BLDP did better than 53% of them.
BLDP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BLDP is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although BLDP 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
1.95
2.70
We found 2 important support areas.
- A support zone ranging from 2.06 to 2.06. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @1.97 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @2.58 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 2.66 to 2.67. 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 BLDP.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BLDP.CA is up. |
| ChartMill Relative Strength | 72.94 | POSITIVE | BLDP.CA has a high relative strength, it outperformed 72.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BLDP.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BLDP.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BLDP.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.35 | NEUTRAL | The RSI value for BLDP.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests BLDP.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.95 | OVERBOUGHT | The high Stochastics value suggests BLDP.CA may be overbought. |
| Average True Range in percent/ATR (20) | 5.8 | HIGH VOLATILITY | The high ATR as a percentage value for BLDP.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 29.14 | POSITIVE | The high ADX value value for BLDP.CA 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)
TSX:BLDP (7/14/2025, 7:00:00 PM)
2.53
-0.04 (-1.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-1.56%
1 Week10%
2 Weeks25.87%
1 Month13.45%
3 Month61.15%
6 Month10%
12 Month-19.94%
2 Year-59.65%
3 Year-75.39%
5 Year-86.71%
10 Year43.75%
15 Year42.94%
Volatility
ATR(14)0.15
ATR(20)%5.8%
ATR Inc-28.81%
Range Today0.12
ADR(20)0.14
ADR(20)%5.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.94
Mansfield0.86
10 Day High2.71
10 Day Low2.08
20 Day High2.71
20 Day Low1.9
52 Week High3.27
52 Week Low1.44
CS1 End2.06
CR1 Start2.58
Volume & EV
DER(3)-6.45%
DER(5)4.27%
Volume364.85K
Volume Incr-1.46%
Vol(5)656.79K
Vol(50)666.85K