BULLISH (BLSH) Technical Analysis
NYSE:BLSH • KYG169101204
Taking everything into account, BLSH scores 3 out of 10 in our technical rating. In the past year, BLSH was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- When comparing the yearly performance of all stocks, BLSH is a bad performer in the overall market: 100% of all stocks are doing better.
- BLSH is part of the Capital Markets industry. There are 242 other stocks in this industry, of which 87% are performing better than BLSH.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month BLSH has a been trading in the 29.71 - 38.20 range, which is quite wide. It is currently trading near the high of this range.
- BLSH has an average volume of 2078130 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of BLSH 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
34.34
When analyzing the support we notice one important area.
- A support zone ranging from 34.69 to 34.95. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 37.20 to 37.20. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for BLSH is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BLSH is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | BLSH has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BLSH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BLSH is above a declining SMA(50). |
| Relative Strength Index/RSI (14) | 60.77 | NEUTRAL | The RSI value for BLSH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.76 | POSITIVE | The MACD value suggests BLSH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.4 | OVERBOUGHT | The high Stochastics value suggests BLSH may be overbought. |
| Average True Range in percent/ATR (20) | 5.5 | HIGH VOLATILITY | The high ATR as a percentage value for BLSH suggests high volalility. |
| Average Directional Index/ADX (14) | 24.16 | NEUTRAL | The ADX value for BLSH suggests a possible start of a new trend. |
BLSH Technicals: Chart, Performance Metrics, Trend & Indicators
37.19
+0.46 (+1.25%)
BULLISH / BLSH FAQ
What is the technical rating for BLSH stock?
ChartMill assigns a technical rating of 3 / 10 to BLSH.
What is the current trend direction of BULLISH (BLSH) stock?
The current trend direction for BULLISH (BLSH) is Bearish.
Can you provide the RSI signal for BULLISH?
BULLISH (BLSH) has an RSI value of 60.7679. This indicates that the stock is currently neutral.
What is the short term momentum for BLSH stock?
The short term momentum for BULLISH (BLSH) is positive.