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BLACK SPADE ACQUISITION CO-A (BSAQ) Stock Technical Analysis

NYSEARCA:BSAQ - NYSE Arca - KYG115371000 - Common Stock - Currency: USD

10.45  -4.37 (-29.49%)

After market: 11.23 +0.78 (+7.46%)

Technical Rating and Analysis

5

We assign a technical rating of 5 out of 10 to BSAQ. In the past year, BSAQ was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.

BSAQ is currently making a new 52 week low. This is a very bad signal. BSAQ is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month BSAQ has a been trading in the 9.11 - 22.80 range, which is quite wide. It is currently trading near the lows of this range.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the performance of all stocks over the past year, BSAQ turns out to be only a medium performer in the overall market: it outperformed 68% of all stocks.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
BLACK SPADE ACQUISITION CO-A / BSAQ Weekly stock chart
BLACK SPADE ACQUISITION CO-A / BSAQ Daily stock chart
Setup Rating and Analysis

3

BSAQ has an average technical rating and it also 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.

Support and Resistance Analysis

9.50

10.55

2 important support areas can be observed.

  • A support zone ranging from 10.16 to 10.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Strong support @9.60 from a horizontal line in the weekly 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
CRS68.06
Mansfield-0.72
10 Day High22.8
10 Day Low9.11
20 Day High22.8
20 Day Low9.11
52 Week High22.8
52 Week Low9.11
Performance
1 Week-0.67%
2 Weeks-14.27%
1 Month1.65%
3 Month1.36%
6 Month2.96%
12 Month7.29%
2 YearN/A
3 YearN/A
5 YearN/A
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)0.25
RSI(14)47.15
LBB7.15
UBB16.06
BLACK SPADE ACQUISITION CO-A / BSAQ Daily stock chart

BLACK SPADE ACQUISITION CO-A

NYSEARCA:BSAQ (8/14/2023, 8:04:01 PM)

After market: 11.23 +0.78 (+7.46%)

10.45

-4.37 (-29.49%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-29.49%
1 Week-0.67%
2 Weeks-14.27%
1 Month1.65%
3 Month1.36%
6 Month2.96%
12 Month7.29%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.21
ATR(20)%14.94%
ATR Inc250.03%
Range Today2.65
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.06
Mansfield-0.72
10 Day High22.8
10 Day Low9.11
20 Day High22.8
20 Day Low9.11
52 Week High22.8
52 Week Low9.11
CS1 End10.3
CR1 StartN/A
Volume & EV
DER(3)-2.82%
DER(5)5.34%
Volume482.20K
Volume Incr1912.91%
Vol(5)1.22M
Vol(50)215.07K