BRIDGELINE DIGITAL INC (BLIN) Technical Analysis
NASDAQ:BLIN • US10807Q7007
Current stock price
BLIN Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to BLIN. In the past year, BLIN 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.
- 84% of all other stocks performed better in the past year than BLIN.
- BLIN 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 BLIN is lagging the market.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- BLIN is part of the Software industry. There are 277 other stocks in this industry, BLIN did better than 58% of them.
- In the last month BLIN has a been trading in the 0.72 - 1.06 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
BLIN Weekly and Daily overview Charts
BLIN Setup Rating and Analysis
BLIN has an average technical rating and also the quality of the setup is only medium 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.
More info and screens
BLIN Support and Resistance Analysis
0.89
We found 1 important support area.
- A support zone ranging from 0.90 to 0.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
4 important resistance areas can be observed.
- Resistance @0.95 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 0.98 to 0.98. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @1.00 from a horizontal line in the daily time frame.
- Resistance @1.60 from a horizontal line in the daily time frame.
BLIN 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 BLIN is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BLIN is up. |
| ChartMill Relative Strength | 16.13 | NEGATIVE | BLIN has a low relative strength, it was outperformed by 83.87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BLIN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BLIN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BLIN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.24 | NEUTRAL | The RSI value for BLIN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests BLIN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 65.12 | NEUTRAL | The Stochastics value for BLIN is a neutral value. |
| Average True Range in percent/ATR (20) | 7.69 | HIGH VOLATILITY | The high ATR as a percentage value for BLIN suggests high volalility. |
| Average Directional Index/ADX (14) | 31.57 | POSITIVE | The high ADX value value for BLIN suggests a strong trend. |
BLIN Chart- and CandleStick Pattern Analysis
BLIN Technicals: Chart, Performance Metrics, Trend & Indicators
0.9212
-0.03 (-2.99%)
BRIDGELINE DIGITAL INC / BLIN TA FAQ
What is the technical rating for BLIN stock?
ChartMill assigns a technical rating of 4 / 10 to BLIN.
What is the current trend direction of BRIDGELINE DIGITAL INC (BLIN) stock?
The current trend direction for BRIDGELINE DIGITAL INC (BLIN) is Bearish.
What is the RSI signal for BLIN stock?
BRIDGELINE DIGITAL INC (BLIN) has an RSI value of 55.2407. This indicates that the stock is currently neutral.
What is the short term momentum for BLIN stock?
The short term momentum for BRIDGELINE DIGITAL INC (BLIN) is positive.
Can you provide the support and resistance levels for BRIDGELINE DIGITAL INC?
BRIDGELINE DIGITAL INC (BLIN) has a support level at 0.91 and a resistance level at 0.95. Check the full technical report for our detailed analysis of BLIN support and resistance levels.