BALLARD POWER SYSTEMS INC (BLDP.CA) Stock Technical Analysis
TSX:BLDP - Toronto Stock Exchange - CA0585861085 - Common Stock - Currency: CAD
Overall BLDP gets a technical rating of 7 out of 10. Although BLDP is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
In the last month BLDP has a been trading in the 2.36 - 3.10 range, which is quite wide. It is currently trading near the lows of this range.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the performance of all stocks over the past year, BLDP turns out to be only a medium performer in the overall market: it outperformed 60% of all stocks.
BLDP is part of the Electrical Equipment industry. There are 15 other stocks in this industry, BLDP did better than 42% 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.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, BLDP also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
2.07
2.88
3 important support areas can be observed.
- A support zone ranging from 2.48 to 2.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.24 from a trend line in the daily time frame.
- Support @2.09 from a trend line in the daily time frame.
We found 1 important resistance area.
- Resistance @2.85 from a horizontal line 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 | NEUTRAL | NEUTRAL | The short term trend for BLDP.CA is neutral. |
| ChartMill Relative Strength | 60.41 | NEUTRAL | BLDP.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BLDP.CA is below 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) | 49.51 | NEUTRAL | The RSI value for BLDP.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests BLDP.CA has a negative trend. |
| Stochastics (14,3) | 13.43 | OVERSOLD | The low Stochastics value suggests BLDP.CA may be oversold. |
| Average True Range in percent/ATR (20) | 6.45 | HIGH VOLATILITY | The high ATR as a percentage value for BLDP.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 28.95 | 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 (8/6/2025, 7:00:00 PM)
2.5
-0.07 (-2.72%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-2.72%
1 Week-3.1%
2 Weeks-10.39%
1 Month7.76%
3 Month33.69%
6 Month26.26%
12 Month-6.37%
2 Year-56.06%
3 Year-75.61%
5 Year-88.45%
10 Year41.24%
15 Year32.28%
Volatility
ATR(14)0.17
ATR(20)%6.45%
ATR Inc-33.76%
Range Today0.12
ADR(20)0.16
ADR(20)%6.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.41
Mansfield0.78
10 Day High3.1
10 Day Low2.43
20 Day High3.1
20 Day Low2.36
52 Week High3.1
52 Week Low1.44
CS1 End2.48
CR1 Start2.85
Volume & EV
DER(3)2.77%
DER(5)0.87%
Volume386.37K
Volume Incr-37.38%
Vol(5)419.87K
Vol(50)697.70K