BLACKBAUD INC (BLKB)

US09227Q1004 - Common Stock

78.9  +0.95 (+1.22%)

After market: 78.9 0 (0%)

Technical Rating and Analysis

7

We assign a technical rating of 7 out of 10 to BLKB. BLKB has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.

The long and short term trends are both positive. This is looking good!
BLKB is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
When compared to the yearly performance of all other stocks, BLKB outperforms 55% of them, which is more or less in line with the market.
BLKB is an average performer in the Software industry, it outperforms 52% of 276 stocks in the same industry.
BLKB is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BLKB is lagging the market slightly.
Weekly and Daily overview Charts
BLKB Weekly chart
BLKB Daily chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, BLKB 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 78.75, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

66.68

88.63

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 78.03 to 78.75. 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 71.03 to 73.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @68.61 from a horizontal line in the weekly time frame.
  • Support @67.35 from a horizontal line in the daily time frame.

2 important resistance areas can be observed.

  • Resistance @79.13 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 86.86 to 87.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS55.95
Mansfield-0.48
10 Day High79.4
10 Day Low75.57
20 Day High80
20 Day Low70.16
52 Week High88.56
52 Week Low64.32
Performance
1 Week0.34%
2 Weeks-0.29%
1 Month4.77%
3 Month-1.79%
6 Month7.89%
12 Month12.71%
2 Year36.01%
3 Year10.94%
5 Year-0.49%
10 Year159.11%
15 Year418.4%
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)0.19
RSI(14)60.77
LBB74.26
UBB80.74
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
79.1478.021.12 (1.42%)25.00%
An entry @79.14. This is a Buy Stop order right above the resistance zone.An exit @78.02. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 1.12 points, which is 1.42%.For a 0.35% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of BLKB. Please evaluate whether better entry and exit points can be found.
  • 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.
BLKB Daily chart

BLACKBAUD INC

NASDAQ:BLKB (4/29/2024, 7:00:01 PM)

After market: 78.9 0 (0%)

78.9

+0.95 (+1.22%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg1.22%
1 Week0.34%
2 Weeks-0.29%
1 Month4.77%
3 Month-1.79%
6 Month7.89%
12 Month12.71%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.38
ATR(20)%2.97%
ATR Inc
Range Today1.01
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 High79.4
10 Day Low75.57
20 Day High80
20 Day Low70.16
52 Week High88.56
52 Week Low64.32
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume108.20K
Volume Incr-52.74%
Vol(5)141.56K
Vol(50)319.19K