BLACKBAUD INC (BLKB) Technical Analysis
NASDAQ:BLKB • US09227Q1004
Current stock price
BLKB Technical Rating and Analysis
Taking everything into account, BLKB scores 0 out of 10 in our technical rating. BLKB's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, BLKB is a bad performer in the overall market: 92% of all stocks are doing better.
- BLKB is part of the Software industry. There are 278 other stocks in this industry, of which 64% are performing better than BLKB.
- BLKB is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so BLKB is lagging the market.
- In the last month BLKB has a been trading in the 38.77 - 50.76 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
BLKB Weekly and Daily overview Charts
BLKB Setup Rating and Analysis
The technical rating of BLKB is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
BLKB Support and Resistance Analysis
38.96
We can see 4 important resistance areas.
- A resistance zone ranging from 44.15 to 44.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 45.16 to 45.69. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @50.37 from a horizontal line in the daily time frame.
- A resistance zone ranging from 59.02 to 59.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
BLKB 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 BLKB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BLKB is down. |
| ChartMill Relative Strength | 8.41 | NEGATIVE | BLKB has a low relative strength, it was outperformed by 91.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BLKB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BLKB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BLKB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 22.74 | OVERSOLD | The low RSI value suggests BLKB may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.34 | NEGATIVE | The MACD value suggests BLKB has a negative trend. |
| Stochastics (14,3) | 7.02 | OVERSOLD | The low Stochastics value suggests BLKB may be oversold. |
| Average True Range in percent/ATR (20) | 4.89 | MEDIUM VOLATILITY | The ATR as a percentage value for BLKB suggests some volalility. |
| Average Directional Index/ADX (14) | 28.73 | POSITIVE | The high ADX value value for BLKB suggests a strong trend. |
BLKB Chart- and CandleStick Pattern Analysis
BLKB Technicals: Chart, Performance Metrics, Trend & Indicators
39.355
-1.48 (-3.61%)
BLACKBAUD INC / BLKB TA FAQ
What is the technical rating for BLKB stock?
ChartMill assigns a technical rating of 0 / 10 to BLKB.
Can you provide the trend direction for BLACKBAUD INC?
The current trend direction for BLACKBAUD INC (BLKB) is Bearish.
What is the RSI signal for BLKB stock?
BLACKBAUD INC (BLKB) has an RSI value of 22.7383. This indicates that the stock is currently oversold.
Can you provide the MACD signal for BLACKBAUD INC?
The MACD indicator for BLACKBAUD INC (BLKB) has a value of -0.338897, indicating a bearish trend.
What are the support and resistance levels for BLACKBAUD INC (BLKB) stock?
BLACKBAUD INC (BLKB) has a resistance level at 44.15. Check the full technical report for our detailed analysis of BLKB support and resistance levels.