Taking everything into account, BLBX scores 9 out of 10 in our technical rating. BLBX has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Besides having an excellent technical rating, BLBX also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
6.44
3 important support areas can be observed.
- Support @6.97 from a trend line in the weekly time frame.
- Support @6.78 from a trend line in the daily time frame.
- A support zone ranging from 6.51 to 6.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @9.69 from a trend line in the daily 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 | UP | POSITIVE | The long term trend for BLBX is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BLBX is neutral. |
| ChartMill Relative Strength | 98.63 | POSITIVE | BLBX has a high relative strength, it outperformed 98.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BLBX is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of BLBX is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BLBX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.42 | NEUTRAL | The RSI value for BLBX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests BLBX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 38.41 | NEUTRAL | The Stochastics value for BLBX is a neutral value. |
| Average True Range in percent/ATR (20) | 13.39 | HIGH VOLATILITY | The high ATR as a percentage value for BLBX suggests high volalility. |
| Average Directional Index/ADX (14) | 16.66 | NEGATIVE | The low ADX value for BLBX suggests a weak or negative trend. |
7.56
-0.64 (-7.8%)
BLACKBOXSTOCKS INC / BLBX FAQ
What is the technical rating for BLBX stock?
ChartMill assigns a technical rating of 9 / 10 to BLBX.
What is the current trend direction of BLACKBOXSTOCKS INC (BLBX) stock?
The current trend direction for BLACKBOXSTOCKS INC (BLBX) is Bullish.
What is the RSI signal for BLACKBOXSTOCKS INC (BLBX) stock?
BLACKBOXSTOCKS INC (BLBX) has an RSI value of 46.4179. This indicates that the stock is currently neutral.
What is the MACD signal for BLBX stock?
The MACD indicator for BLACKBOXSTOCKS INC (BLBX) has a value of 0.019511, indicating a bearish trend.