BALLARD POWER SYSTEMS INC (BLDP)

CA0585861085 - Common Stock

2.87  +0.04 (+1.41%)

Technical Rating and Analysis

0

Overall BLDP gets a technical rating of 0 out of 10. BLDP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, BLDP is a bad performer in the overall market: 88% of all stocks are doing better.
BLDP is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
BLDP has an average volume of 3059600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
BLDP is part of the Electrical Equipment industry. There are 86 other stocks in this industry, BLDP did better than 42% of them.
In the last month BLDP has a been trading in the 2.42 - 3.38 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
BLDP Weekly chart
BLDP Daily chart
Setup Rating and Analysis

2

The technical rating of BLDP is bad and it also does not present a quality setup 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.

Support and Resistance Analysis

2.81

3.36

We found 1 important support area.

  • A support zone ranging from 2.84 to 2.84. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 4 important areas.

  • Resistance @3.00 from a trend line in the weekly time frame.
  • Resistance @3.08 from a trend line in the daily time frame.
  • Resistance @3.19 from a trend line in the daily time frame.
  • Resistance @3.33 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.34
Mansfield-3.13
10 Day High2.91
10 Day Low2.42
20 Day High3.38
20 Day Low2.42
52 Week High5.68
52 Week Low2.42
Performance
1 Week5.2%
2 Weeks9.69%
1 Month-9.87%
3 Month-12.38%
6 Month-14.76%
12 Month-35.09%
2 Year-61.07%
3 Year-83.66%
5 Year-26.3%
10 Year-25.72%
15 Year52.15%
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)0.03
RSI(14)52.23
LBB2.47
UBB2.85
BLDP Daily chart

BALLARD POWER SYSTEMS INC

NASDAQ:BLDP (5/7/2024, 9:53:02 AM)

2.87

+0.04 (+1.41%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg1.41%
1 Week5.2%
2 Weeks9.69%
1 Month-9.87%
3 Month-12.38%
6 Month-14.76%
12 Month-35.09%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.13
ATR(20)%4.95%
ATR Inc
Range Today0.21
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High2.91
10 Day Low2.42
20 Day High3.38
20 Day Low2.42
52 Week High5.68
52 Week Low2.42
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.25M
Volume Incr-10.75%
Vol(5)2.40M
Vol(50)3.06M