BOLT PROJECTS HOLDINGS INC (BSLK) Stock Technical Analysis
NASDAQ:BSLK - US09769B2060 - Common Stock
8.26 USD
-0.64 (-7.19%)
8.19 USD
-0.07 (-0.85%)
Overall BSLK gets a technical rating of 8 out of 10. In the last year, BSLK was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
BSLK is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
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.
BSLK is part of the Chemicals industry. There are 84 other stocks in this industry. BSLK outperforms 84% of them.
BSLK has an average volume of 9185610 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, BSLK did better than 87% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month BSLK has a been trading in the 2.06 - 17.55 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although BSLK has an excellent technical rating, it does not present a decent entry opportunity 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
8.18
14.34
3 important resistance areas can be observed.
- A resistance zone ranging from 8.80 to 8.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @13.74 from a trend line in the daily time frame.
- Resistance @14.20 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 | NEUTRAL | NEUTRAL | The long term trend for BSLK is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BSLK is up. |
| ChartMill Relative Strength | 87.3 | POSITIVE | BSLK has a high relative strength, it outperformed 87.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BSLK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BSLK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BSLK is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.64 | NEUTRAL | The RSI value for BSLK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.41 | POSITIVE | The MACD value suggests BSLK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 42.44 | NEUTRAL | The Stochastics value for BSLK is a neutral value. |
| Average True Range in percent/ATR (20) | 27.7 | HIGH VOLATILITY | The high ATR as a percentage value for BSLK suggests high volalility. |
| Average Directional Index/ADX (14) | 58.85 | POSITIVE | The high ADX value value for BSLK suggests a strong 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)
8.26
-0.64 (-7.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-7.19%
1 Week-6.03%
2 Weeks265.49%
1 Month223.92%
3 Month153.37%
6 Month-12.11%
12 Month-88.5%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.08
ATR(20)%27.7%
ATR Inc-57.4%
Range Today0.74
ADR(20)1.95
ADR(20)%23.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.3
Mansfield-0.73
10 Day High17.55
10 Day Low2.06
20 Day High17.55
20 Day Low2.06
52 Week High85
52 Week Low1.75
CS1 EndN/A
CR1 Start8.8
Volume & EV
DER(3)-4.21%
DER(5)-2.46%
Volume714.70K
Volume Incr-41.67%
Vol(5)8.87M
Vol(50)9.19M