US09249N1019
We assign a technical rating of 7 out of 10 to BLE. Although BLE is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
9.33
BLE has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 10.91, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BLE in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
The following trade can be suggested based on the decent technical rating and setup score.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
11.00 | 10.86 | 0.14 (1.32%) | 25.00% |
An entry @11.00. This is a Buy Stop order right above the 10 day moving average. | An exit @10.86. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.14 points, which is 1.32%. | For a 0.33% total portfolio risk, you can invest 25.00% of your capital in this trade. |
NYSE:BLE (2/6/2023, 12:13:58 PM)-0.08 (-0.73%)
GICS Sector | N/A | ||
GICS Industry | N/A |
Today | -0.73% | 1 Week | 0.46% |
2 Weeks | -0.9% | 1 Month | 4.27% |
3 Month | 14.48% | 6 Month | -6.55% |
ATR(14) | 0.12 | ATR(20)% | 1.14% |
ATR Inc | 6.76% | Range Today | 0.06 |
ST Trend | LT Trend | ||
SMA(5) | SMA(10) | ||
SMA(20) | SMA(50) | ||
SMA(100) | SMA(200) |
CRS | 31.49 | Mansfield | -0.41 |
10 Day High | 11.21 | 10 Day Low | 10.87 |
20 Day High | 11.21 | 20 Day Low | 10.54 |
52 Week High | 14.62 | 52 Week Low | 9.4 |
CS1 End | 10.91 | CR1 Start | 10.99 |
DER(3) | 5.32% | DER(5) | 3.6% |
Volume | 76.19K | Volume Incr | 14.68% |
Vol(5) | 157.26K | Vol(50) | 190.82K |
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