BLACKSTONE INC (BX) Technical Analysis
NYSE:BX • US09260D1072
Current stock price
BX Technical Rating and Analysis
Taking everything into account, BX scores 0 out of 10 in our technical rating. BX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 86% of all other stocks performed better in the past year than BX.
- BX is one of the lesser performing stocks in the Capital Markets industry. 69% of 240 stocks in the same industry do better.
- BX is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BX is lagging the market.
- BX has an average volume of 9541640 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month BX has a been trading in the 101.73 - 116.88 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BX Weekly and Daily overview Charts
BX Setup Rating and Analysis
Although the technical rating is bad, BX does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
BX Support and Resistance Analysis
111.92
4 important resistance areas can be observed.
- Resistance @114.99 from a horizontal line in the daily time frame.
- A resistance zone ranging from 147.72 to 147.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @180.18 from a trend line in the weekly time frame.
- Resistance @186.74 from a horizontal line in the weekly time frame.
BX Technical Indicator Signal Analysis
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 BX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BX is down. |
| ChartMill Relative Strength | 14.64 | NEGATIVE | BX has a low relative strength, it was outperformed by 85.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BX is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.74 | NEUTRAL | The RSI value for BX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.55 | POSITIVE | The MACD value suggests BX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.28 | OVERBOUGHT | The high Stochastics value suggests BX may be overbought. |
| Average True Range in percent/ATR (20) | 4.26 | MEDIUM VOLATILITY | The ATR as a percentage value for BX suggests some volalility. |
| Average Directional Index/ADX (14) | 28.25 | POSITIVE | The high ADX value value for BX suggests a strong trend. |
BX Chart- and CandleStick Pattern Analysis
BX Technicals: Chart, Performance Metrics, Trend & Indicators
113.05
-1.28 (-1.12%)
BLACKSTONE INC / BX TA FAQ
Can you provide the ChartMill technical rating for BLACKSTONE INC?
ChartMill assigns a technical rating of 0 / 10 to BX.
What is the trend direction for BX stock?
The current trend direction for BLACKSTONE INC (BX) is Bearish.
Can you provide the RSI signal for BLACKSTONE INC?
BLACKSTONE INC (BX) has an RSI value of 47.742. This indicates that the stock is currently neutral.
What is the MACD signal for BX stock?
The MACD indicator for BLACKSTONE INC (BX) has a value of 1.54588, indicating a bullish trend.
What is the support and resistance level for BX stock?
BLACKSTONE INC (BX) has a resistance level at 114.99. Check the full technical report for our detailed analysis of BX support and resistance levels.