BALLARD POWER SYSTEMS INC (BLDP.CA) Stock Technical Analysis
Canada • Toronto Stock Exchange • TSX:BLDP • CA0585861085
Overall BLDP gets a technical rating of 0 out of 10. BLDP'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.
- When comparing the yearly performance of all stocks, BLDP is a bad performer in the overall market: 76% of all stocks are doing better.
- In the last month BLDP has a been trading in the 2.79 - 3.98 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- BLDP is part of the Electrical Equipment industry. There are 14 other stocks in this industry, BLDP did better than 46% 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.
The technical rating of BLDP is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
2.77
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 3.61 to 3.61. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Resistance @3.94 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 | NEUTRAL | NEUTRAL | The long term trend for BLDP.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BLDP.CA is down. |
| ChartMill Relative Strength | 24.01 | NEGATIVE | BLDP.CA has a low relative strength, it was outperformed by 75.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BLDP.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BLDP.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of BLDP.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 20.2 | OVERSOLD | The low RSI value suggests BLDP.CA may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests BLDP.CA has a negative trend. |
| Stochastics (14,3) | 9.17 | OVERSOLD | The low Stochastics value suggests BLDP.CA may be oversold. |
| Average True Range in percent/ATR (20) | 6.26 | HIGH VOLATILITY | The high ATR as a percentage value for BLDP.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 32.07 | POSITIVE | The high ADX value value for BLDP.CA suggests a strong trend. |
TSX:BLDP (2/5/2026, 7:00:00 PM)
2.8
-0.25 (-8.2%)
BALLARD POWER SYSTEMS INC / BLDP.CA FAQ
What is the technical rating for BLDP stock?
ChartMill assigns a technical rating of 0 / 10 to BLDP.CA.
What is the trend direction for BLDP stock?
The current trend direction for BALLARD POWER SYSTEMS INC (BLDP.CA) is Bearish.
What is the RSI signal for BLDP stock?
BALLARD POWER SYSTEMS INC (BLDP.CA) has an RSI value of 20.1982. This indicates that the stock is currently oversold.
Can you provide the MACD signal for BALLARD POWER SYSTEMS INC?
The MACD indicator for BALLARD POWER SYSTEMS INC (BLDP.CA) has a value of -0.0733723, indicating a bearish trend.