BULLISH (BLSH) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BLSH - KYG169101204 - Common Stock
We assign a technical rating of 3 out of 10 to BLSH. In the last year, BLSH was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
BLSH has a poor technical rating and the quality of the setup is also not perfect 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
45.46
When analyzing the support we notice one important area.
- A support zone ranging from 45.92 to 46.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 46.46 to 46.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @48.43 from a horizontal line in the daily time frame.
- Resistance @66.01 from a trend line in the daily time frame.
- Resistance @70.82 from a horizontal line in the daily 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 BLSH is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BLSH is neutral. |
| 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 | NEGATIVE | The current price of BLSH is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 51.41 | NEUTRAL | The RSI value for BLSH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.16 | POSITIVE | The MACD value suggests BLSH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.95 | NEUTRAL | The Stochastics value for BLSH is a neutral value. |
| Average True Range in percent/ATR (20) | 6.37 | HIGH VOLATILITY | The high ATR as a percentage value for BLSH suggests high volalility. |
| Average Directional Index/ADX (14) | 22.77 | NEUTRAL | The ADX value for BLSH suggests a possible start of a new trend. |
46.13
+0.02 (+0.04%)
BULLISH / BLSH FAQ
What is the technical rating for BLSH stock?
ChartMill assigns a technical rating of 3 / 10 to BLSH.
Can you provide the trend direction for BULLISH?
The current trend direction for BULLISH (BLSH) is Bullish.
Can you provide the RSI signal for BULLISH?
BULLISH (BLSH) has an RSI value of 51.4112. This indicates that the stock is currently neutral.
Can you provide the short term momentum for BULLISH?
The short term momentum for BULLISH (BLSH) is neutral.
What is the support and resistance level for BLSH stock?
BULLISH (BLSH) has a support level at 46.12 and a resistance level at 46.46. Check the full technical report for our detailed analysis of BLSH support and resistance levels.