RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of BLKB
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Stronger technical forecast for Blackbaud stock price after Wednesday trading.
(Updated on Mar 27, 2024)

Buy candidate since Mar 27, 2024 PDF

The Blackbaud stock price gained 3.11% on the last trading day (Wednesday, 27th Mar 2024), rising from $70.71 to $72.91. During the last trading day the stock fluctuated 2.86% from a day low at $70.96 to a day high of $72.99. The price has been going up and down for this period, and there has been a -1.18% loss for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 49 thousand more shares were traded than the day before. In total, 175 thousand shares were bought and sold for approximately $12.75 million.

The stock lies the upper part of a wide and falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $73.91 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -18.88% during the next 3 months and, with a 90% probability hold a price between $50.06 and $59.96 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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BLKB Signals & Forecast

The Blackbaud stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $71.43 and $72.15. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, February 28, 2024, and so far it has risen 8.26%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Blackbaud stock

Blackbaud finds support from accumulated volume at $70.38 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $2.03 (2.86%) between high and low. For the last week, the stock has had daily average volatility of 1.90%.

Our recommended stop-loss: $68.48 (-6.08%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 20 days ago.)

Trading Expectations (BLKB) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Blackbaud to open at $72.29, and during the day (based on 14 day Average True Range), to move between $71.22 and $74.60, which gives a possible trading interval of +/-$1.69 (+/-2.31%) up or down from last closing price. If Blackbaud takes out the full calculated possible swing range there will be an estimated 4.63% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $73.65 (1.01%) than the support at $70.38 (3.47%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Blackbaud stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.

Current score: 2.586 Buy Candidate Upgraded

Predicted Opening Price for Blackbaud of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$72.29 ( 0.85%) $72.91

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for BLKB

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 74.32 1.93 %
R2 73.54 0.87 %
R1 73.06 0.209 %
Current price: 72.91
Support S1 71.51 -1.92 %
S2 71.03 -2.58 %
S3 70.26 -3.64 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 82.65 13.36 %
R2 82.56 13.24 %
R1 73.65 1.01 %
Current price 72.91
Support S1 70.38 -3.47%
S2 69.18 -5.12%
S3 67.35 -7.63%

BLKB Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 10, 2020 Feb 27, 2020 Mar 13, 2020 $0.120 0.215%
2 Oct 28, 2019 Nov 26, 2019 Dec 13, 2019 $0.120 0.153%
3 Jul 30, 2019 Aug 27, 2019 Sep 13, 2019 $0.120 0.130%
4 Apr 30, 2019 May 24, 2019 Jun 14, 2019 $0.120 0.151%
5 Feb 06, 2019 Feb 26, 2019 Mar 15, 2019 $0.120 0.155%

FAQ

What is the symbol for Blackbaud Stock and on which exchange is it traded?
The symbol for Blackbaud is BLKB and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Blackbaud Stock?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.

How to buy Blackbaud Stock?
Blackbaud Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Blackbaud Stock.

What's the current price of Blackbaud Stock?
As of the end of day on the 2024-03-27, the price of an Blackbaud (BLKB) share was $72.91.

What is the 52-week high and low for Blackbaud Stock?
The 52-week high for Blackbaud Stock is $88.56 and the 52-week low is $63.11.

What is the market capitalization of Blackbaud Stock?
As of the 2024-03-27, the market capitalization of Blackbaud is 3.899B.

When is the next earnings date for Blackbaud?
The upcoming earnings date for Blackbaud is May 01, 2024.
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About Blackbaud

Blackbaud Blackbaud, Inc. provides cloud software solutions to higher education institutions, K–12 schools, healthcare organizations, faith communities, arts and cultural organizations, foundations, companies, and individual change agents in the United States and internationally. The company offers fundraising and relationship management solutions, such as Blackbaud Raiser's Edge NXT and Blackbaud CRM, Blackbaud eTapestry, Blackbaud TeamRaiser, JustGiving... BLKB Profile

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