BALLARD POWER SYSTEMS INC (BLDP) Stock Technical Analysis
NASDAQ:BLDP - Nasdaq - CA0585861085 - Common Stock - Currency: USD
Taking everything into account, BLDP scores 5 out of 10 in our technical rating. In the past year, BLDP was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
88% of all other stocks performed better in the past year than BLDP.
BLDP is part of the Electrical Equipment industry. There are 95 other stocks in this industry, of which 60% are performing better than BLDP.
BLDP 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 BLDP is lagging the market.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
BLDP has an average volume of 8139810 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month BLDP has a been trading in the 1.16 - 1.47 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, BLDP does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 1.41. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.31, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
1.18
2.01
We found 2 important support areas.
- A support zone ranging from 1.28 to 1.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.19 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 1.41 to 1.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.99 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.69
Mansfield-2.5
10 Day High1.47
10 Day Low1.21
20 Day High1.47
20 Day Low1.16
52 Week High3.23
52 Week Low1
Performance
1 Week-7.75%
2 Weeks9.17%
1 Month12.93%
3 Month-6.43%
6 Month0%
12 Month-57.61%
2 Year-68.66%
3 Year-81.98%
5 Year-87.86%
10 Year-37.32%
15 Year-32.47%
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)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)51.43
LBB1.18
UBB1.49
1.31
-0.08 (-5.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-5.76%
1 Week-7.75%
2 Weeks9.17%
1 Month12.93%
3 Month-6.43%
6 Month0%
12 Month-57.61%
2 Year-68.66%
3 Year-81.98%
5 Year-87.86%
10 Year-37.32%
15 Year-32.47%
Volatility
ATR(14)0.08
ATR(20)%6.01%
ATR Inc-0.44%
Range Today0.09
ADR(20)0.08
ADR(20)%5.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.69
Mansfield-2.5
10 Day High1.47
10 Day Low1.21
20 Day High1.47
20 Day Low1.16
52 Week High3.23
52 Week Low1
CS1 End1.31
CR1 Start1.41
Volume & EV
DER(3)-3.04%
DER(5)1.36%
Volume8.99M
Volume Incr84.15%
Vol(5)10.81M
Vol(50)8.14M