BLINK CHARGING CO (BLNK) Technical Analysis
NASDAQ:BLNK • US09354A1007
Current stock price
BLNK Technical Rating and Analysis
Taking everything into account, BLNK scores 0 out of 10 in our technical rating. 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.
- When comparing the yearly performance of all stocks, BLNK is a bad performer in the overall market: 87% of all stocks are doing better.
- BLNK is part of the Electrical Equipment industry. There are 92 other stocks in this industry, of which 72% are performing better than BLNK.
- BLNK is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so BLNK is lagging the market.
- BLNK has an average volume of 2196280 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month BLNK has a been trading in the 0.45 - 0.73 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BLNK Weekly and Daily overview Charts
BLNK Setup Rating and Analysis
The technical rating of BLNK is bad and it also does not present a 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
BLNK Support and Resistance Analysis
0.58
3 important resistance areas can be observed.
- A resistance zone ranging from 0.59 to 0.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.64 from a trend line in the daily time frame.
- A resistance zone ranging from 0.68 to 0.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
BLNK 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 BLNK is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BLNK is down. |
| ChartMill Relative Strength | 13.56 | NEGATIVE | BLNK has a low relative strength, it was outperformed by 86.44% 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) | 45.7 | NEUTRAL | The RSI value for BLNK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests BLNK has a positive trend. |
| Stochastics (14,3) | 45.08 | NEUTRAL | The Stochastics value for BLNK is a neutral value. |
| Average True Range in percent/ATR (20) | 8.74 | HIGH VOLATILITY | The high ATR as a percentage value for BLNK suggests high volalility. |
| Average Directional Index/ADX (14) | 18.92 | NEGATIVE | The low ADX value for BLNK suggests a weak or negative trend. |
BLNK Chart- and CandleStick Pattern Analysis
BLNK Technicals: Chart, Performance Metrics, Trend & Indicators
0.5814
+0 (+0.62%)
BLINK CHARGING CO / BLNK TA 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 BLINK CHARGING CO (BLNK) stock?
BLINK CHARGING CO (BLNK) has an RSI value of 45.7027. This indicates that the stock is currently neutral.
What is the MACD signal for BLNK stock?
The MACD indicator for BLINK CHARGING CO (BLNK) has a value of 0.00326375, indicating a bearish trend.
What is the short term momentum for BLNK stock?
The short term momentum for BLINK CHARGING CO (BLNK) is negative.