BLACKSTONE INC (BX) Technical Analysis
NYSE:BX • US09260D1072
Current stock price
BX Technical Rating and Analysis
Taking everything into account, BX scores 0 out of 10 in our technical rating. 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, BX is a bad performer in the overall market: 86% of all stocks are doing better.
- BX is part of the Capital Markets industry. There are 242 other stocks in this industry, of which 71% are performing better than BX.
- BX is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BX is lagging the market.
- BX has an average volume of 7786680 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month BX has a been trading in the 101.73 - 130.49 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
BX Weekly and Daily overview Charts
BX Setup Rating and Analysis
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
BX Support and Resistance Analysis
112.39
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 113.54 to 113.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 150.73 to 151.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @180.71 from a trend line in the weekly time frame.
- Resistance @186.74 from a horizontal line in the weekly time frame.
BX Technical Indicator Signal Analysis
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 | 14.17 | NEGATIVE | BX has a low relative strength, it was outperformed by 85.83% 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) | 43.8 | NEUTRAL | The RSI value for BX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.11 | POSITIVE | The MACD value suggests BX has a positive trend. |
| Stochastics (14,3) | 52.26 | 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) | 46.63 | POSITIVE | The high ADX value value for BX suggests a strong trend. |
BX Chart- and CandleStick Pattern Analysis
BX Technicals: Chart, Performance Metrics, Trend & Indicators
113.53
+1.53 (+1.37%)
BLACKSTONE INC / BX TA FAQ
Can you provide the ChartMill technical rating for BLACKSTONE INC?
ChartMill assigns a technical rating of 0 / 10 to BX.
What is the current trend direction of BLACKSTONE INC (BX) stock?
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 43.7956. This indicates that the stock is currently neutral.
What is the MACD signal for BLACKSTONE INC (BX) stock?
The MACD indicator for BLACKSTONE INC (BX) has a value of 1.10748, indicating a bullish trend.
What is the short term momentum for BX stock?
The short term momentum for BLACKSTONE INC (BX) is negative.