BLACKSTONE INC (BX) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BX - US09260D1072 - Common Stock
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.
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 resistance zone just above the current price starting at 146.43. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 142.98, a Stop Loss order could be placed below this zone.
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123.78
When analyzing the support we can see 4 important areas.
- A support zone ranging from 141.72 to 142.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 136.12 to 137.38. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @131.08 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 146.43 to 146.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 184.70 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 | NEUTRAL | NEUTRAL | The short term trend for BX is neutral. |
| ChartMill Relative Strength | 17.63 | NEGATIVE | BX has a low relative strength, it was outperformed by 82.37% 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) | 49.43 | NEUTRAL | The RSI value for BX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.55 | POSITIVE | The MACD value suggests BX has a positive trend. |
| Stochastics (14,3) | 79.48 | NEUTRAL | The Stochastics value for BX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.76 | MEDIUM VOLATILITY | The ATR as a percentage value for BX suggests some volalility. |
| Average Directional Index/ADX (14) | 31.06 | POSITIVE | The high ADX value value for BX suggests a strong trend. |
146.35
-0.07 (-0.05%)
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 49.4307. 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 neutral.
Can you provide the support and resistance levels for BLACKSTONE INC?
BLACKSTONE INC (BX) has a support level at 142.98 and a resistance level at 146.43. Check the full technical report for our detailed analysis of BX support and resistance levels.