BLACKBAUD INC (BLKB) Stock Technical Analysis
NASDAQ:BLKB - Nasdaq - US09227Q1004 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to BLKB. Recently some decent action could be observed, but in the medium term time frame this is still negative. BLKB was also a bad performer in the overall market in the last year.
78% of all other stocks performed better in the past year than BLKB.
BLKB 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 BLKB is lagging the market.
In the last month BLKB has a been trading in the 60.65 - 65.22 range, which is quite wide. It is currently trading near the high of this range.
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.
BLKB is part of the Software industry. There are 504 other stocks in this industry, BLKB did better than 63% of them.
BLKB has a poor technical rating and the quality of the setup is also not perfect 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
58.44
87.73
We found 3 important support areas.
- A support zone ranging from 62.46 to 63.29. 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 60.75 to 61.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 59.03 to 59.04. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 63.82 to 64.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 70.41 to 70.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @81.35 from a horizontal line in the daily time frame.
- Resistance @86.86 from a horizontal line in the weekly time frame.
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 | UP | POSITIVE | The short term trend for BLKB is up. |
| ChartMill Relative Strength | 22.76 | NEGATIVE | BLKB has a low relative strength, it was outperformed by 77.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BLKB is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BLKB is above the rising 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) | 55.3 | NEUTRAL | The RSI value for BLKB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests BLKB has a positive trend. |
| Stochastics (14,3) | 74.73 | NEUTRAL | The Stochastics value for BLKB is a neutral value. |
| Average True Range in percent/ATR (20) | 1.86 | LOW VOLATILITY | The low ATR as a percentage value for BLKB suggests low volalility. |
| Average Directional Index/ADX (14) | 13.22 | NEGATIVE | The low ADX value for BLKB suggests a weak or negative trend. |
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)
63.82
+0.37 (+0.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0.58%
1 Week2.56%
2 Weeks3.47%
1 Month-0.51%
3 Month-2.91%
6 Month-20.16%
12 Month-18.31%
2 Year-10.34%
3 Year9.9%
5 Year11.81%
10 Year12.06%
15 Year193.16%
Volatility
ATR(14)1.14
ATR(20)%1.86%
ATR Inc-23.87%
Range Today0.99
ADR(20)1.09
ADR(20)%1.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.76
Mansfield-1.85
10 Day High64.39
10 Day Low60.65
20 Day High65.22
20 Day Low60.65
52 Week High88.95
52 Week Low58.05
CS1 End63.29
CR1 Start63.82
Volume & EV
DER(3)2.82%
DER(5)4.33%
Volume173.90K
Volume Incr-21.78%
Vol(5)200.22K
Vol(50)290.38K