BLINK CHARGING CO (BLNK) Stock Technical Analysis
NASDAQ:BLNK • US09354A1007
Overall BLNK gets a technical rating of 0 out of 10. BLNK'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.
- 93% of all other stocks performed better in the past year than BLNK.
- BLNK is one of the lesser performing stocks in the Electrical Equipment industry. 80% of 91 stocks in the same industry do better.
- BLNK is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month BLNK has a been trading in the 0.64 - 0.80 range, which is quite wide. It is currently trading near the lows of this range.
- BLNK has an average volume of 3682480 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, BLNK does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 0.69. Right above this resistance zone may be a good entry point.
More info and screens
0.63
We found 2 important support areas.
- A support zone ranging from 0.67 to 0.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.64 to 0.64. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 0.69 to 0.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 BLNK is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BLNK is down. |
| ChartMill Relative Strength | 7.56 | NEGATIVE | BLNK has a low relative strength, it was outperformed by 92.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BLNK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BLNK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BLNK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.09 | NEUTRAL | The RSI value for BLNK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests BLNK has a positive trend. |
| Stochastics (14,3) | 38.37 | NEUTRAL | The Stochastics value for BLNK is a neutral value. |
| Average True Range in percent/ATR (20) | 6.73 | HIGH VOLATILITY | The high ATR as a percentage value for BLNK suggests high volalility. |
| Average Directional Index/ADX (14) | 17.75 | NEGATIVE | The low ADX value for BLNK suggests a weak or negative trend. |
0.6807
0 (-0.03%)
BLINK CHARGING CO / BLNK FAQ
What is the ChartMill technical rating of BLINK CHARGING CO (BLNK) stock?
ChartMill assigns a technical rating of 0 / 10 to BLNK.
What is the current trend direction of BLINK CHARGING CO (BLNK) stock?
The current trend direction for BLINK CHARGING CO (BLNK) is Bearish.
What is the RSI signal for BLNK stock?
BLINK CHARGING CO (BLNK) has an RSI value of 42.0931. This indicates that the stock is currently neutral.
Can you provide the short term momentum for BLINK CHARGING CO?
The short term momentum for BLINK CHARGING CO (BLNK) is negative.
What is the support and resistance level for BLNK stock?
BLINK CHARGING CO (BLNK) has a support level at 0.68 and a resistance level at 0.69. Check the full technical report for our detailed analysis of BLNK support and resistance levels.