BRIDGELINE DIGITAL INC (BLIN)
US10807Q7007 - Common Stock
Overall BLIN gets a technical rating of 9 out of 10. Both in the recent history as in the last year, BLIN has proven to be a steady performer, scoring decent points in every aspect analyzed.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Both the short term and long term trends are positive. This is a very positive sign.
BLIN is part of the Software industry. There are 276 other stocks in this industry. BLIN outperforms 88% of them.
BLIN is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so BLIN is performing more or less in line with the market.
Looking at the yearly performance, BLIN did better than 95% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month BLIN has a been trading in the 1.11 - 1.42 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BLIN has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 1.27, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BLIN in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.73
1.35
4 important support areas can be observed.
- A support zone ranging from 1.24 to 1.27. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 1.18 to 1.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.78 from a trend line in the weekly time frame.
- Support @0.74 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @1.34 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.06
Mansfield2.48
10 Day High1.34
10 Day Low1.19
20 Day High1.42
20 Day Low1.11
52 Week High1.43
52 Week Low0.7
Performance
1 Week11.76%
2 Weeks3.5%
1 Month14.66%
3 Month68.29%
6 Month77.36%
12 Month42.23%
2 Year-10.74%
3 Year-51.99%
5 Year-83.58%
10 Year-99.98%
15 YearN/A
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
RSI(14)64.21
LBB1.17
UBB1.38
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1.35 | 1.23 | 0.12 (8.89%) | 11.25% |
| An entry @1.35. This is a Buy Stop order right above the resistance zone. | An exit @1.23. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.12 points, which is 8.89%. | For a 1.00% total portfolio risk, you can invest 11.25% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BRIDGELINE DIGITAL INC
NASDAQ:BLIN (4/26/2024, 7:00:00 PM)
1.33
+0.02 (+1.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg1.53%
1 Week11.76%
2 Weeks3.5%
1 Month14.66%
3 Month68.29%
6 Month77.36%
12 Month42.23%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.07
ATR(20)%5.9%
ATR Inc
Range Today0.06
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 High1.34
10 Day Low1.19
20 Day High1.42
20 Day Low1.11
52 Week High1.43
52 Week Low0.7
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume12.00K
Volume Incr-81.09%
Vol(5)21.12K
Vol(50)77.05K