BLINK CHARGING CO (BLNK) Stock Technical Analysis
USA - NASDAQ:BLNK - US09354A1007 - Common Stock
1.61 USD
-0.01 (-0.62%)
1.5902 USD
-0.02 (-1.23%)
We assign a technical rating of 6 out of 10 to BLNK. In the last year, BLNK was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month BLNK has a been trading in the 1.35 - 2.36 range, which is quite wide. It is currently trading near the lows of this range.
BLNK has an average volume of 4903100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Looking at the yearly performance, BLNK did better than 90% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
BLNK is part of the Electrical Equipment industry. There are 91 other stocks in this industry, BLNK did better than 62% of them.
BLNK is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BLNK is lagging the market.
Considerably lower volume is observed in the last couple of days.
BLNK has an average technical rating and it also does not offer a high quality setup 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
1.07
2.02
4 important support areas can be observed.
- A support zone ranging from 1.56 to 1.58. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Support @1.52 from a trend line in the daily time frame.
- Support @1.47 from a horizontal line in the daily time frame.
- A support zone ranging from 1.08 to 1.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 1.61 to 1.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.91 from a trend line in the weekly time frame.
- Resistance @2.00 from a trend 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 | UP | POSITIVE | The long term trend for BLNK is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BLNK is down. |
| ChartMill Relative Strength | 90.19 | POSITIVE | BLNK has a high relative strength, it outperformed 90.19% 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) | UP | MIXED | The current price of BLNK is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BLNK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.59 | NEUTRAL | The RSI value for BLNK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests BLNK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 30.58 | NEUTRAL | The Stochastics value for BLNK is a neutral value. |
| Average True Range in percent/ATR (20) | 9.74 | HIGH VOLATILITY | The high ATR as a percentage value for BLNK suggests high volalility. |
| Average Directional Index/ADX (14) | 20.03 | NEUTRAL | The ADX value for BLNK suggests a possible start of a new 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)
1.61
-0.01 (-0.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-0.62%
1 Week3.85%
2 Weeks-10.99%
1 Month-27.35%
3 Month72.32%
6 Month116.87%
12 Month6.58%
2 Year-49.69%
3 Year-88.33%
5 Year-93.58%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%9.74%
ATR Inc40.36%
Range Today0.1
ADR(20)0.15
ADR(20)%9.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.19
3 months CRS97.21
6 months CRS96.29
Mansfield2.24
10 Day High1.86
10 Day Low1.35
20 Day High2.36
20 Day Low1.35
52 Week High2.65
52 Week Low0.63
CS1 End1.58
CR1 Start1.91
Volume & EV
DER(3)-5.18%
DER(5)-3.5%
Volume1.92M
Volume Incr-48.19%
Vol(5)2.66M
Vol(50)4.90M
BLINK CHARGING CO / BLNK FAQ
What is the ChartMill technical rating of BLINK CHARGING CO (BLNK) stock?
ChartMill assigns a technical rating of 6 / 10 to BLNK.
Can you provide the trend direction for BLINK CHARGING CO?
The current trend direction for BLINK CHARGING CO (BLNK) is Bullish.
What is the RSI signal for BLNK stock?
BLINK CHARGING CO (BLNK) has an RSI value of 46.5904. 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 buy/sell signal for BLNK stock?
The buy/sell signal for BLINK CHARGING CO (BLNK) is hold as the short term and long term trends are mixed.