BOLT PROJECTS HOLDINGS INC (BSLK) Stock Technical Analysis
NASDAQ:BSLK - Nasdaq - US09769B2060 - Common Stock - Currency: USD
Taking everything into account, BSLK scores 0 out of 10 in our technical rating. BSLK'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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, BSLK is a bad performer in the overall market: 100% of all stocks are doing better.
BSLK is part of the Chemicals industry. There are 85 other stocks in this industry, of which 96% are performing better than BSLK.
In the last month BSLK has a been trading in the 2.11 - 4.74 range, which is quite wide. It is currently trading near the lows of this range.
BSLK has an average volume of 3000110 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
BSLK has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. We notice that large players showed an interest for BSLK in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
2.09
2.97
3 important support areas can be observed.
- Support @2.36 from a trend line in the daily time frame.
- Support @2.28 from a trend line in the daily time frame.
- A support zone ranging from 2.11 to 2.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- Resistance @2.58 from a trend line in the daily time frame.
- A resistance zone ranging from 2.65 to 2.68. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @2.94 from a trend 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 | DOWN | NEGATIVE | The long term trend for BSLK is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BSLK is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | BSLK 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 BSLK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BSLK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BSLK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.78 | NEUTRAL | The RSI value for BSLK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests BSLK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 20.25 | NEUTRAL | The Stochastics value for BSLK is a neutral value. |
| Average True Range in percent/ATR (20) | 21.79 | HIGH VOLATILITY | The high ATR as a percentage value for BSLK suggests high volalility. |
| Average Directional Index/ADX (14) | 34.53 | 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)
2.42
-0.22 (-8.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-8.33%
1 Week-5.1%
2 Weeks-20.13%
1 Month-5.84%
3 Month-58.98%
6 Month-57.54%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.46
ATR(20)%21.79%
ATR Inc-36.45%
Range Today0.13
ADR(20)0.43
ADR(20)%17.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High3.5
10 Day Low2.35
20 Day High4.74
20 Day Low2.11
52 Week HighN/A
52 Week LowN/A
CS1 End2.36
CR1 Start2.58
Volume & EV
DER(3)-0.95%
DER(5)4.8%
Volume798.50K
Volume Incr-79.79%
Vol(5)1.12M
Vol(50)3.00M