We assign a technical rating of 4 out of 10 to BLKB. In the past year, BLKB was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
BLKB has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 63.81. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 62.48, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BLKB 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
59.34
When analyzing the support we notice one important area.
- A support zone ranging from 59.94 to 62.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 63.81 to 63.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @66.91 from a trend line in the daily time frame.
- Resistance @69.60 from a horizontal line in the weekly time frame.
- Resistance @71.61 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for BLKB is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BLKB is up. |
| ChartMill Relative Strength | 21.91 | NEGATIVE | BLKB has a low relative strength, it was outperformed by 78.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BLKB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BLKB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BLKB is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.99 | NEUTRAL | The RSI value for BLKB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.5 | POSITIVE | The MACD value suggests BLKB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.81 | NEUTRAL | The Stochastics value for BLKB is a neutral value. |
| Average True Range in percent/ATR (20) | 3.06 | MEDIUM VOLATILITY | The ATR as a percentage value for BLKB suggests some volalility. |
| Average Directional Index/ADX (14) | 17.68 | NEGATIVE | The low ADX value for BLKB suggests a weak or negative trend. |
63.5
+0.63 (+1%)
BLACKBAUD INC / BLKB FAQ
What is the technical rating for BLKB stock?
ChartMill assigns a technical rating of 4 / 10 to BLKB.
What is the trend direction for BLKB stock?
The current trend direction for BLACKBAUD INC (BLKB) is Bearish.
What is the RSI signal for BLACKBAUD INC (BLKB) stock?
BLACKBAUD INC (BLKB) has an RSI value of 58.9905. This indicates that the stock is currently neutral.
What is the support and resistance level for BLKB stock?
BLACKBAUD INC (BLKB) has a support level at 62.48 and a resistance level at 63.81. Check the full technical report for our detailed analysis of BLKB support and resistance levels.