BLACKSTONE INC (BX) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BX - US09260D1072 - Common Stock
Overall BX gets a technical rating of 0 out of 10. 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. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 137.17, a Stop Loss order could be placed below this zone.
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123.78
3 important support areas can be observed.
- A support zone ranging from 136.12 to 137.17. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @130.91 from a trend line in the weekly time frame.
- Support @125.03 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 144.93 to 144.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 184.96 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 | 16.34 | NEGATIVE | BX has a low relative strength, it was outperformed by 83.66% 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) | 46.75 | NEUTRAL | The RSI value for BX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.19 | POSITIVE | The MACD value suggests BX has a positive trend. |
| Stochastics (14,3) | 57.65 | NEUTRAL | The Stochastics value for BX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.82 | MEDIUM VOLATILITY | The ATR as a percentage value for BX suggests some volalility. |
| Average Directional Index/ADX (14) | 34.99 | POSITIVE | The high ADX value value for BX suggests a strong trend. |
144.92
+1.49 (+1.04%)
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 46.7465. 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 137.17 and a resistance level at 144.93. Check the full technical report for our detailed analysis of BX support and resistance levels.