BLEE Technical Analysis - BLEECKER

Technical Rating and Analysis

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

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.

97% of all other stocks performed better in the past year than BLEE.

BLEE is part of the Diversified REITs industry. There are 42 other stocks in this industry, of which 97% are performing better than BLEE.

BLEE is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.

Warning: BLEE has an average volume of 11 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.

In the last month BLEE has a been trading in the 100.00 - 127.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

The technical rating of BLEE 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

107.91

148.47

4 important resistance areas can be observed.

A resistance zone ranging from 116.85 to 117.00. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
Resistance @133.86 from a trend line in the weekly time frame.
A resistance zone ranging from 136.81 to 138.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
A resistance zone ranging from 146.39 to 147.00. This zone is formed by a combination of multiple trend lines in multiple time frames.

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What is Support and Resistance

Support and Resistance indicators

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Technical Indicator Signal Analysis

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	DOWN	NEGATIVE	The long term trend for BLEE.PA is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for BLEE.PA is down.
ChartMill Relative Strength	3.24	NEGATIVE	BLEE.PA has a low relative strength, it was outperformed by 96.76% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of BLEE.PA is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of BLEE.PA is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of BLEE.PA is below a declining SMA(200).
Relative Strength Index/RSI (14)	41.33	NEUTRAL	The RSI value for BLEE.PA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.72	NEGATIVE	The MACD value suggests BLEE.PA has a negative trend, although the MACD value is rising.
Stochastics (14,3)	12.5	OVERSOLD	The low Stochastics value suggests BLEE.PA may be oversold.
Average True Range in percent/ATR (20)	3.72	MEDIUM VOLATILITY	The ATR as a percentage value for BLEE.PA suggests some volalility.
Average Directional Index/ADX (14)	21.31	NEUTRAL	The ADX value for BLEE.PA suggests a possible start of a new trend.