Top 10 Books about Stock Investing to read in 2018. Read more.

BLBD - Blue Bird Corporation

Industry: Auto Manufacturers - Major Sector: Consumer Goods Exchange: NASDAQ

BLBD - Blue Bird Corporation

Industry: Auto Manufacturers - Major Sector: Consumer Goods Exchange: NASDAQ
#6050()/6583

Fri 25'th May 2018

PERIOD 2018-02-26 - 2018-05-25
CHANGE -1.05%
PRICE $18.85
VOLUME
Buy
TREND
Sell

MV LONG
Sell

MV SHORT
Sell

PIVOT
Sell

MACD
Sell

Request Prediction
0.00%
Predict

Blue Bird Corporation Stock Analysis

Technical stock analysis for Fri 25'th May 2018

Sell candidate since 2018-05-11 Loss -13.53%

Blue Bird Corporation fell by -1.05% in the last day from $19.05 to $18.85 and has now fallen 3 days in a row. The price has fallen in 7 of the last 10 days and is down by -13.53% for this period. Volume has increased in the last day by 40 889 shares, but on falling prices. This may be an early warning and the risk will be increased slightly for the next couple of days. In total, 103 754 shares bought and sold for approximately $1.96 million.

Shorts 6.87% ( 2018-04-30 )
Cash 136.1 mill
Loans 453.7 mill
Beta 0.96
ROA 6.36

Trend

Blue Bird Corporation has broken the wide and falling short-term trend down. Firstly a stronger fallrate is indicated, but false breaks and "sell-off" may occur. However, a further fall is realistic and any reactions back to the breaking point ($20.27) are considered to be a "second chance" to get out. According to the fan-theory $17.12 will represent the new bottom line of the next trend, but it is far too early to say this for certain.

Click here for today's Top 5 Trending Companies

Signals

There are few to none technical positive signals at the moment. Blue Bird Corporation 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 $19.66 and $22.76. A break-up above any of these levels will issue buy signals. A sales signal was issued from a pivot top point on Monday May 07, 2018, which indicates further falls until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Access today's Top 5 Golden Star Companies

Relative Strength Index (RSI)

RSI14 is 8 and the stock is extremely oversold on RSI14, but some stocks may continue to fall despite the high chance of a correction up. The low RSI lowers the general risk and the stock should be considered if other technical requirements like liquidity and risk-reward are meet.

Access full RSI 14 and RSI 21 lists

Support & Resistance

There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.

Price: $18.85 Resistance: $20.30

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 $0.40 between high and low, or 2.14%. For the last week, the stock has had a daily average volatility of 2.96%.

Blue Bird Corporation is overbought on RSI14 (8). Some stocks may go long and hard while being overbought on RSI, but overbought increases the general risk as higher volatility could be expected, and at some level the stock will have a reaction back to gain new strength.

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

Overall risk:

Very Low Low Medium High Very High

Evaluation

Blue Bird Corporation holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Trade BLBD CFDs with Plus500

Your capital is at risk.

Important: Plus500 doesn't offer signals and it is a CFD service.
Plus500UK Ltd is authorised and regulated by the Financial Conduct Authority (FRN 509909).

Access these features

Auto portfolios gaining up to 30%
Top 5 Candidates in all Lists
Ultimate List Builder
Ad-free browsing

Become a PRO Now
Help us IMPROVE our CHARTS HERE.

Last donation

Do you find our website useful too?
Help us improve by making a small donation or
Get PRO features

START FREE 5-DAY TRIAL