BLUEBIRD BIO INC (BLUE)

US09609G1004 - Common Stock

8.97  +1.16 (+14.85%)

After market: 8.7508 -0.22 (-2.44%)

Technical Rating and Analysis

1

Taking everything into account, BLUE scores 1 out of 10 in our technical rating. BLUE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, BLUE is a bad performer in the overall market: 93% of all stocks are doing better.
BLUE is one of the lesser performing stocks in the Biotechnology industry. 64% of 568 stocks in the same industry do better.
BLUE is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month BLUE has a been trading in the 5.80 - 15.40 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
BLUE has an average volume of 7106710 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
BLUE Weekly chart
BLUE Daily chart
Setup Rating and Analysis

3

The technical rating of BLUE is bad and it also does not present a 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.

Support and Resistance Analysis

8.77

13.75

We found 1 important support area.

  • A support zone ranging from 8.86 to 8.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 8.98 to 9.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @13.61 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.98
Mansfield-5.66
10 Day High15.4
10 Day Low5.97
20 Day High15.4
20 Day Low5.8
52 Week High38.4
52 Week Low5.8
Performance
1 Week7.32%
2 Weeks25.1%
1 Month34.68%
3 Month-4.62%
6 Month-50.12%
12 Month-67.96%
2 Year-93.52%
3 Year-95.51%
5 Year-99.49%
10 Year-99.51%
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)52.48
LBB4.82
UBB12.29
BLUE Daily chart

BLUEBIRD BIO INC

NASDAQ:BLUE (12/17/2024, 8:44:17 PM)

After market: 8.7508 -0.22 (-2.44%)

8.97

+1.16 (+14.85%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg14.85%
1 Week7.32%
2 Weeks25.1%
1 Month34.68%
3 Month-4.62%
6 Month-50.12%
12 Month-67.96%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.05
ATR(20)%18.67%
ATR Inc
Range Today2.21
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High15.4
10 Day Low5.97
20 Day High15.4
20 Day Low5.8
52 Week High38.4
52 Week Low5.8
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.11M
Volume Incr-74.51%
Vol(5)2.83M
Vol(50)7.11M