BALLARD POWER SYSTEMS INC (BLDP.CA) Stock Technical Analysis
TSX:BLDP - Toronto Stock Exchange - CA0585861085 - Common Stock - Currency: CAD
Taking everything into account, BLDP scores 0 out of 10 in our technical rating. BLDP'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.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, BLDP is a bad performer in the overall market: 86% of all stocks are doing better.
BLDP is part of the Electrical Equipment industry. There are 14 other stocks in this industry, of which 76% are performing better than BLDP.
BLDP is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month BLDP has a been trading in the 1.88 - 2.19 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
BLDP has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 1.91, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BLDP in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.76
2.85
We found 2 important support areas.
- A support zone ranging from 1.91 to 1.91. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @1.78 from a horizontal line in the daily time frame.
We can see 5 important resistance areas.
- A resistance zone ranging from 2.05 to 2.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.14 from a horizontal line in the daily time frame.
- Resistance @2.42 from a trend line in the weekly time frame.
- Resistance @2.54 from a trend line in the daily time frame.
- Resistance @2.82 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.21
Mansfield-3.74
10 Day High2.19
10 Day Low1.88
20 Day High2.19
20 Day Low1.88
52 Week High4.65
52 Week Low1.74
Performance
1 Week-5.21%
2 Weeks1.52%
1 Month-1.48%
3 Month9.29%
6 Month-25.09%
12 Month-49.62%
2 Year-74.36%
3 Year-86.21%
5 Year-83.42%
10 Year-30.56%
15 Year-14.53%
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)0.02
RSI(14)43.95
LBB1.87
UBB2.17
TSX:BLDP (2/21/2025, 7:00:00 PM)
2
-0.07 (-3.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-3.38%
1 Week-5.21%
2 Weeks1.52%
1 Month-1.48%
3 Month9.29%
6 Month-25.09%
12 Month-49.62%
2 Year-74.36%
3 Year-86.21%
5 Year-83.42%
10 Year-30.56%
15 Year-14.53%
Volatility
ATR(14)0.1
ATR(20)%4.99%
ATR Inc5.13%
Range Today0.12
ADR(20)0.09
ADR(20)%4.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.21
Mansfield-3.74
10 Day High2.19
10 Day Low1.88
20 Day High2.19
20 Day Low1.88
52 Week High4.65
52 Week Low1.74
CS1 End1.91
CR1 Start2.05
Volume & EV
DER(3)0.8%
DER(5)5.7%
Volume607.43K
Volume Incr-29.87%
Vol(5)526.86K
Vol(50)927.61K