BLACKBERRY LTD (BB) Stock Technical Analysis
NYSE:BB - New York Stock Exchange, Inc. - CA09228F1036 - Common Stock - Currency: USD
Taking everything into account, BB scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BB is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
BB is one of the better performing stocks in the Software industry, it outperforms 95% of 284 stocks in the same industry.
BB is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BB is lagging the market slightly.
BB has an average volume of 22262800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, BB did better than 97% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month BB has a been trading in the 3.99 - 6.24 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although BB has an excellent technical rating, it does not offer a high 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
2.23
5.76
When analyzing the support we notice one important area.
- Support @2.25 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 5.62 to 5.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.89
Mansfield6.78
10 Day High6.24
10 Day Low5.09
20 Day High6.24
20 Day Low3.99
52 Week High6.24
52 Week Low2.01
Performance
1 Week-11.34%
2 Weeks1.55%
1 Month25.66%
3 Month122.98%
6 Month116.53%
12 Month103.89%
2 Year35.05%
3 Year-23.73%
5 Year1.35%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)55.68
LBB4.42
UBB6.35
5.24
-0.34 (-6.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-6.09%
1 Week-11.34%
2 Weeks1.55%
1 Month25.66%
3 Month122.98%
6 Month116.53%
12 Month103.89%
2 Year35.05%
3 Year-23.73%
5 Year1.35%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.4
ATR(20)%6.6%
ATR Inc31.51%
Range Today0.47
ADR(20)0.33
ADR(20)%6.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.89
Mansfield6.78
10 Day High6.24
10 Day Low5.09
20 Day High6.24
20 Day Low3.99
52 Week High6.24
52 Week Low2.01
CS1 End2.25
CR1 Start5.62
Volume & EV
DER(3)-2.83%
DER(5)-1.19%
Volume33.69M
Volume Incr19.96%
Vol(5)28.86M
Vol(50)22.26M