NYSE:BX • US09260D1072
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.
The technical rating of BX is bad and it also does not present a 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.
112.24
We can see 3 important resistance areas.
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 | 12.74 | NEGATIVE | BX has a low relative strength, it was outperformed by 87.26% 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) | 26.78 | OVERSOLD | The low RSI value suggests BX may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.96 | NEGATIVE | The MACD value suggests BX has a negative trend. |
| Stochastics (14,3) | 21.5 | NEUTRAL | The Stochastics value for BX is a neutral value. |
| Average True Range in percent/ATR (20) | 5.16 | HIGH VOLATILITY | The high ATR as a percentage value for BX suggests high volalility. |
| Average Directional Index/ADX (14) | 43.25 | POSITIVE | The high ADX value value for BX suggests a strong trend. |
113.37
-4.58 (-3.88%)
ChartMill assigns a technical rating of 0 / 10 to BX.
The current trend direction for BLACKSTONE INC (BX) is Bearish.
BLACKSTONE INC (BX) has an RSI value of 26.7804. This indicates that the stock is currently oversold.
The MACD indicator for BLACKSTONE INC (BX) has a value of -0.960446, indicating a bearish trend.
The short term momentum for BLACKSTONE INC (BX) is negative.