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 BLDE
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Red day on Thursday for Blade Air Mobility, Inc. stock after losing 0.350%
(Updated on Mar 28, 2024)

Sell candidate since Mar 12, 2024 Gain 2.52% PDF

The Blade Air Mobility, Inc. stock price fell by -0.350% on the last day (Thursday, 28th Mar 2024) from $2.86 to $2.85. During the last trading day the stock fluctuated 4.39% from a day low at $2.85 to a day high of $2.97. The price has been going up and down for this period, and there has been a 8.78% gain for the last 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -206 thousand shares and in total, 438 thousand shares were bought and sold for approximately $1.25 million.

The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -3.58% during the next 3 months and, with a 90% probability hold a price between $2.35 and $3.82 at the end of this 3-month period.

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BLDE Signals & Forecast

There are mixed signals in the stock today. The Blade Air Mobility, Inc. stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $3.12. On a fall, the stock will find some support from the short-term average at $2.77. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. A sell signal was issued from a pivot top point on Thursday, March 21, 2024, and so far it has fallen -1.38%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell along with the price during the last trading day, which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk.

Support, Risk & Stop-loss for Blade Air Mobility, Inc. stock

Blade Air Mobility, Inc. finds support from accumulated volume at $2.78 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move very much during the day (volatility) and with periodic low trading volume this stock is considered to be "very high risk". During the last day, the stock moved $0.125 between high and low, or 4.39%. For the last week the stock has had daily average volatility of 6.01%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (BLDE) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Blade Air Mobility, Inc. to open at $2.89, and during the day (based on 14 day Average True Range), to move between $2.61 and $3.09, which gives a possible trading interval of +/-$0.243 (+/-8.54%) up or down from last closing price. If Blade Air Mobility, Inc. takes out the full calculated possible swing range there will be an estimated 17.07% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $2.78 (2.46%) than the resistance at $3.18 (11.58%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Blade Air Mobility, Inc. stock A Buy?

Blade Air Mobility, Inc. holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -1.789 Sell Candidate Unchanged

Predicted Opening Price for Blade Air Mobility, Inc. of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$2.89 ( 1.35%) $2.85

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

Trading levels for BLDE

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 3.01 5.73 %
R2 2.97 4.06 %
R1 2.94 3.02 %
Current price: 2.85
Support S1 2.84 -0.330 %
S2 2.81 -1.37 %
S3 2.76 -3.04 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 3.40 19.30 %
R2 3.37 18.25 %
R1 3.18 11.58 %
Current price 2.85
Support S1 2.78 -2.46%
S2 2.71 -4.91%
S3 2.62 -8.07%

FAQ

What is the symbol for Blade Air Mobility, Inc. Stock and on which exchange is it traded?
The symbol for Blade Air Mobility, Inc. is BLDE and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Blade Air Mobility, Inc. Stock?
Blade Air Mobility, Inc. holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

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

What's the current price of Blade Air Mobility, Inc. Stock?
As of the end of day on the 2024-03-28, the price of an Blade Air Mobility, Inc. (BLDE) share was $2.85.

What is the 52-week high and low for Blade Air Mobility, Inc. Stock?
The 52-week high for Blade Air Mobility, Inc. Stock is $4.54 and the 52-week low is $2.06.

What is the market capitalization of Blade Air Mobility, Inc. Stock?
As of the 2024-03-28, the market capitalization of Blade Air Mobility, Inc. is 214.985M.

When is the next earnings date for Blade Air Mobility, Inc.?
The upcoming earnings date for Blade Air Mobility, Inc. is May 09, 2024.
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About Blade Air Mobility, Inc.

Blade Air Mobility. Blade Air Mobility, Inc. provides air transportation alternatives to the congested ground routes in the United States. It provides its services through charter and by-the-seat flights using helicopters, jets, turboprops, and amphibious seaplanes. The company was founded in 2014 and is headquartered in New York, New York.... BLDE Profile

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