BLACKSTONE INC (BX) Stock Technical Analysis
USA - NYSE:BX - US09260D1072 - Common Stock
166.89 USD
-1.56 (-0.93%)
167 USD
+0.11 (+0.07%)
Overall BX gets a technical rating of 3 out of 10. BX has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
In the last month BX has a been trading in the 164.38 - 190.09 range, which is quite wide. It is currently trading near the lows of this range.
BX is part of the Capital Markets industry. There are 238 other stocks in this industry. BX outperforms 70% of them.
BX has an average volume of 3551000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When compared to the yearly performance of all other stocks, BX outperforms 56% of them, which is more or less in line with the market.
BX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BX is lagging the market.
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.
More info and screens
128.40
190.58
2 important support areas can be observed.
- A support zone ranging from 166.57 to 166.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @129.70 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 167.64 to 169.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 186.74 to 188.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The short term trend for BX is down. |
| ChartMill Relative Strength | 56.54 | NEUTRAL | BX is not amongst the best or worst performers 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 | MIXED | The current price of BX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.4 | NEUTRAL | The RSI value for BX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.14 | NEGATIVE | The MACD value suggests BX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 6.39 | OVERSOLD | The low Stochastics value suggests BX may be oversold. |
| Average True Range in percent/ATR (20) | 2.84 | MEDIUM VOLATILITY | The ATR as a percentage value for BX suggests some volalility. |
| Average Directional Index/ADX (14) | 22.95 | NEUTRAL | The ADX value for BX suggests a possible start of a new 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)
166.89
-1.56 (-0.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-0.93%
1 Week-5.25%
2 Weeks-10.1%
1 Month-3.7%
3 Month3.02%
6 Month31.22%
12 Month9.05%
2 Year80.71%
3 Year83.11%
5 Year231%
10 Year404.81%
15 Year1138.06%
Volatility
ATR(14)4.86
ATR(20)%2.84%
ATR Inc-6.43%
Range Today5.62
ADR(20)4.48
ADR(20)%2.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.54
Mansfield-0.79
10 Day High189.88
10 Day Low164.38
20 Day High190.09
20 Day Low164.38
52 Week High200.96
52 Week Low115.66
CS1 End166.88
CR1 Start167.64
Volume & EV
DER(3)1.51%
DER(5)0.18%
Volume2.33M
Volume Incr1.07%
Vol(5)3.63M
Vol(50)3.55M