BLACKSTONE INC (BX) Stock Technical Analysis
USA - NYSE:BX - US09260D1072 - Common Stock
We assign a technical rating of 0 out of 10 to BX. 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.
Although the technical rating is bad, BX does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 143.48, a Stop Loss order could be placed below this zone.
More info and screens
123.78
When analyzing the support we can see 3 important areas.
- A support zone ranging from 142.84 to 143.48. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @130.56 from a trend line in the weekly time frame.
- Support @125.03 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 145.95 to 146.09. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 185.49 to 186.74. This zone is formed by a combination of multiple trend lines 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 | 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 | 14.98 | NEGATIVE | BX has a low relative strength, it was outperformed by 85.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BX is below 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) | 32.03 | NEUTRAL | The RSI value for BX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests BX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.01 | OVERSOLD | The low Stochastics value suggests BX may be oversold. |
| Average True Range in percent/ATR (20) | 3.43 | MEDIUM VOLATILITY | The ATR as a percentage value for BX suggests some volalility. |
| Average Directional Index/ADX (14) | 38.8 | POSITIVE | The high ADX value value for BX suggests a strong trend. |
144.3
-1.64 (-1.12%)
BLACKSTONE INC / BX FAQ
Can you provide the ChartMill technical rating for BLACKSTONE INC?
ChartMill assigns a technical rating of 0 / 10 to BX.
Can you provide the trend direction for BLACKSTONE INC?
The current trend direction for BLACKSTONE INC (BX) is Bearish.
What is the RSI signal for BLACKSTONE INC (BX) stock?
BLACKSTONE INC (BX) has an RSI value of 32.0303. This indicates that the stock is currently neutral.
Can you provide the short term momentum for BLACKSTONE INC?
The short term momentum for BLACKSTONE INC (BX) is negative.
Can you provide the support and resistance levels for BLACKSTONE INC?
BLACKSTONE INC (BX) has a support level at 143.48 and a resistance level at 145.95. Check the full technical report for our detailed analysis of BX support and resistance levels.