BLACKSTONE INC (BX) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BX - US09260D1072 - Common Stock
We assign a technical rating of 2 out of 10 to BX. Recently some decent action could be observed, but in the medium term time frame this is still negative. BX was also a bad performer in the overall market in the last year.
Although the technical rating is bad, BX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
130.12
4 important support areas can be observed.
- Support @144.00 from a trend line in the weekly time frame.
- Support @141.43 from a horizontal line in the weekly time frame.
- A support zone ranging from 136.12 to 138.55. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @131.43 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 152.16 to 156.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 184.16 to 186.74. This zone is formed by a combination of multiple trend lines in the weekly 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 | DOWN | NEGATIVE | The long term trend for BX is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BX is up. |
| ChartMill Relative Strength | 18.18 | NEGATIVE | BX has a low relative strength, it was outperformed by 81.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BX is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.76 | NEUTRAL | The RSI value for BX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.84 | POSITIVE | The MACD value suggests BX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 59.28 | NEUTRAL | The Stochastics value for BX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.52 | MEDIUM VOLATILITY | The ATR as a percentage value for BX suggests some volalility. |
| Average Directional Index/ADX (14) | 24.7 | NEUTRAL | The ADX value for BX suggests a possible start of a new trend. |
152.09
+1.75 (+1.16%)
BLACKSTONE INC / BX FAQ
Can you provide the ChartMill technical rating for BLACKSTONE INC?
ChartMill assigns a technical rating of 2 / 10 to BX.
Can you provide the trend direction for BLACKSTONE INC?
The current trend direction for BLACKSTONE INC (BX) is Bearish.
What is the RSI signal for BLACKSTONE INC (BX) stock?
BLACKSTONE INC (BX) has an RSI value of 54.7573. This indicates that the stock is currently neutral.
Can you provide the short term momentum for BLACKSTONE INC?
The short term momentum for BLACKSTONE INC (BX) is positive.
Can you provide the support and resistance levels for BLACKSTONE INC?
BLACKSTONE INC (BX) has a support level at 144 and a resistance level at 152.16. Check the full technical report for our detailed analysis of BX support and resistance levels.