Wednesday May 22, 2019 Change 0.73% Price $8.31
Chart period: 2019-02-25 - 2019-05-22
VOLUME
Sell
TREND
Sell
MV LONG
Sell

MV SHORT
Sell

PIVOT
Buy

MACD
Sell

Social Sentiment for BB

Today's data is from 3 opinions on StockTwits provided by IEX Cloud.
Bullish vs. Bearish opinions
67%
33%
Weighted Sentiment -0.28

Will BB stock price go up or down on Thu, 23 May 2019?

Predict

BlackBerry Limited Forecast and Stock Analysis

Technical BB stock analysis for Wednesday May 22, 2019.

Sell candidate since 2019-05-06 Loss -9.28%
Shorts 3.35% ( 2019-04-15 )
Insider % n/a
Institutional % 63.10%
Beta 1.29
ROA 2.49%
Price to book USD 1.71
P/E Ratio 47.90
Next Earnings Date 2019-06-20


BlackBerry Limited gained 0.73% in the last trading day ( Wednesday, 22nd May 2019 ), rising from $8.25 to $8.31 , and has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During day the stock fluctuated 2.33% from a day low at $8.15 to a day high of $8.34. The price has been going up and down for this period, and there has been a -6.94% loss for the last 2 weeks. Volume fell in the last day by -0.47 million shares, and in total, 1.55 million shares bought and sold for approximately $12.89 million. You should take into consideration that a falling volume on higher prices causes divergence and may be an early warning about possible changes for the next couple of days.

Quick summary:

  • 30 day high of the BB stock price was $9.42 and low was $8.11.
  • 90 day high was $10.29 and low was $8.11.
  • 52 week high for the BlackBerry Limited - $12.55 and low - $6.57.

Trend

BlackBerry Limited lies in the lower of a wide and falling trend in the short term, and this will normally pose a very good buying opportunity. A break down the bottom trend line at $8.18 will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -3.68% during the next 3 months and, with 90% probability hold a price between $7.88 and $9.50 at the end of this period.

Click here for today's Top 5 Trending Companies

Signals

A buy signal was issued from a pivot bottom point on Monday May 20, 2019, which indicates further gains until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. BlackBerry Limited holds sales signals from both short- and long-term moving averages. In addition, there is a general sales signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up there will be some resistance from the lines at $8.41 and $9.01. A break-up above any of these levels will issue buy signals.

Access today's Top 5 Golden Star Companies

Relative Strength Index (RSI)

The stock currently holds a RSI14 at 28 and is oversold on RSI14. The stock being oversold is no guarantee for instant reaction up as some stocks may be oversold for a long time. It is important to review the previous RSI-history to get an indication of the RSI-sensitiveness.

Access full RSI 14 and RSI 21 lists

Support & Resistance

BlackBerry Limited finds support from accumulated volume at $8.25.

Support: $8.25 Price: $8.31 Resistance: $9.36

Risk

This stock may move much during a day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.19 between high and low, or 2.33%. For the last week, the stock has had a daily average volatility of 2.38%.

BlackBerry Limited is oversold on RSI14 (28). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.

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

2.38 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Stronger Sell Today BB ranks #3997 as SELL CANDIDATE #3997 Weaker Sell
BB $8.31 ($0.06 0.73%)
BB is up $0.06 today, but where's it headed in 2019?
Zacks Investment Research is releasing its prediction for BB based on the 1-3 month system that more than doubles the S&P 500.

This report is free today for StockInvest.us readers.

Click here – the BB analysis is free »

Will BB stock price go up or down
on Thu, 23 May 2019?

Predict

Proudly made at

Rise Vilnius
in partnership with
Barclays Bank