BLACKSTONE INC (BX) Stock Technical Analysis
USA - NYSE:BX - US09260D1072 - Common Stock
183.8 USD
+2.45 (+1.35%)
183.79 USD
-0.01 (-0.01%)
Overall BX gets a technical rating of 9 out of 10. Both in the recent history as in the last year, BX has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
BX is part of the Capital Markets industry. There are 237 other stocks in this industry. BX outperforms 81% of them.
BX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BX is lagging the market slightly.
In the last month BX has a been trading in the 162.69 - 186.65 range, which is quite wide. It is currently trading near the high of this range.
BX has an average volume of 3751280 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that BX is one of the better performing stocks in the market, outperforming 82% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although BX has an excellent technical rating, it does not offer a high 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
127.89
185.64
5 important support areas can be observed.
- A support zone ranging from 168.84 to 175.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @163.43 from a horizontal line in the daily time frame.
- Support @159.28 from a trend line in the daily time frame.
- Support @136.38 from a trend line in the weekly time frame.
- Support @129.18 from a trend line in the weekly 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 BX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BX is up. |
| ChartMill Relative Strength | 82.45 | POSITIVE | BX has a high relative strength, it outperformed 82.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 67.8 | NEUTRAL | The RSI value for BX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.29 | POSITIVE | The MACD value suggests BX has a positive trend. |
| Stochastics (14,3) | 83.29 | OVERBOUGHT | The high Stochastics value suggests BX may be overbought. |
| Average True Range in percent/ATR (20) | 2.25 | MEDIUM VOLATILITY | The ATR as a percentage value for BX suggests some volalility. |
| Average Directional Index/ADX (14) | 19.9 | NEGATIVE | The low ADX value for BX suggests a weak or negative 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)
183.8
+2.45 (+1.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg1.35%
1 Week6.06%
2 Weeks7.23%
1 Month7.1%
3 Month33.49%
6 Month23.95%
12 Month16.24%
2 Year71.55%
3 Year119.59%
5 Year252.11%
10 Year480.36%
15 Year1348.38%
Volatility
ATR(14)4.13
ATR(20)%2.25%
ATR Inc-27.36%
Range Today2.72
ADR(20)3.92
ADR(20)%2.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.45
Mansfield0.29
10 Day High186.65
10 Day Low165.32
20 Day High186.65
20 Day Low162.69
52 Week High200.96
52 Week Low115.66
CS1 End175.06
CR1 StartN/A
Volume & EV
DER(3)0.83%
DER(5)0.95%
Volume2.82M
Volume Incr14.04%
Vol(5)3.97M
Vol(50)3.75M