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's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
BX has a poor technical rating and the quality of the setup is also only medium 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
123.78
We found 2 important support areas.
- Support @130.73 from a trend line in the weekly time frame.
- Support @125.03 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 144.58 to 145.95. 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 185.23 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 | 15.59 | NEGATIVE | BX has a low relative strength, it was outperformed by 84.41% 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) | 32.08 | NEUTRAL | The RSI value for BX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests BX has a positive trend. |
| Stochastics (14,3) | 16.66 | OVERSOLD | The low Stochastics value suggests BX may be oversold. |
| Average True Range in percent/ATR (20) | 3.02 | MEDIUM VOLATILITY | The ATR as a percentage value for BX suggests some volalility. |
| Average Directional Index/ADX (14) | 40.72 | POSITIVE | The high ADX value value for BX suggests a strong trend. |
142.67
+4.25 (+3.07%)
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 32.0757. 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 130.73 and a resistance level at 144.58. Check the full technical report for our detailed analysis of BX support and resistance levels.