BULLISH (BLSH) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BLSH - KYG169101204 - Common Stock
We assign a technical rating of 1 out of 10 to BLSH. BLSH performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
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
38.01
When analyzing the support we notice one important area.
- Support @38.39 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 39.78 to 40.35. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 41.49 to 41.64. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 42.62 to 43.10. 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 | UP | POSITIVE | The long term trend for BLSH is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BLSH is down. |
| 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) | DOWN | NEGATIVE | The current price of BLSH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BLSH is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 39.06 | NEUTRAL | The RSI value for BLSH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests BLSH has a negative trend. |
| Stochastics (14,3) | 17.43 | OVERSOLD | The low Stochastics value suggests BLSH may be oversold. |
| Average True Range in percent/ATR (20) | 5.76 | HIGH VOLATILITY | The high ATR as a percentage value for BLSH suggests high volalility. |
| Average Directional Index/ADX (14) | 15.12 | NEGATIVE | The low ADX value for BLSH suggests a weak or negative trend. |
38.4
-0.9 (-2.29%)
BULLISH / BLSH FAQ
What is the technical rating for BLSH stock?
ChartMill assigns a technical rating of 1 / 10 to BLSH.
What is the current trend direction of BULLISH (BLSH) stock?
The current trend direction for BULLISH (BLSH) is Bullish.
Can you provide the RSI signal for BULLISH?
BULLISH (BLSH) has an RSI value of 39.0628. 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 negative.
What is the buy/sell signal for BULLISH (BLSH) stock?
The buy/sell signal for BULLISH (BLSH) is hold as the short term and long term trends are mixed.