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 BLDP
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Ballard Power Systems stock price ended at $2.78 on Thursday, after losing 0%.
(Updated on Mar 28, 2024)

Sell candidate since Mar 11, 2024 Loss -7.33% PDF

No changes to the price of Ballard Power Systems stock on the last trading day (Thursday, 28th Mar 2024). During the last trading day the stock fluctuated 2.84% from a day low at $2.77 to a day high of $2.85. The price has been going up and down for this period, and there has been a 1.83% gain for the last 2 weeks.

The stock lies in the middle of a 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 -19.44% during the next 3 months and, with a 90% probability hold a price between $2.12 and $2.53 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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BLDP Signals & Forecast

There are mixed signals in the stock today. The Ballard Power Systems 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 $3.01. 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. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day while price remained unchanged. This may be an early warning, but it may also not. We still recommend that you pay attention over the next couple of days. A buy signal was issued from a pivot bottom point on Tuesday, March 26, 2024, and so far it has risen 4.51%. Further rise is indicated until a new top pivot has been found.

Support, Risk & Stop-loss for Ballard Power Systems stock

Ballard Power Systems finds support from accumulated volume at $2.75 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 much during the 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 $0.0788 between high and low, or 2.84%. For the last week, the stock has had daily average volatility of 4.12%.

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

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

For the upcoming trading day on Monday, 1st we expect Ballard Power Systems to open at $2.80, and during the day (based on 14 day Average True Range), to move between $2.64 and $2.92, which gives a possible trading interval of +/-$0.141 (+/-5.09%) up or down from last closing price. If Ballard Power Systems takes out the full calculated possible swing range there will be an estimated 10.18% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $2.75 (1.08%) than the resistance at $3.24 (16.55%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Ballard Power Systems stock A Buy?

Ballard Power Systems 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: -2.733 Sell Candidate Unchanged

Predicted Opening Price for Ballard Power Systems of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$2.80 ( 0.705%) $2.78

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

Trading levels for BLDP

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 2.88 3.54 %
R2 2.85 2.46 %
R1 2.83 1.79 %
Current price: 2.78
Support S1 2.77 -0.378 %
S2 2.75 -1.05 %
S3 2.72 -2.13 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 3.34 20.14 %
R2 3.28 17.99 %
R1 3.24 16.55 %
Current price 2.78
Support S1 2.75 -1.08%
S2 2.74 -1.44%
S3 2.73 -1.80%

FAQ

What is the symbol for Ballard Power Systems Stock and on which exchange is it traded?
The symbol for Ballard Power Systems is BLDP and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Ballard Power Systems Stock?
Ballard Power Systems 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 Ballard Power Systems Stock?
Ballard Power Systems Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Ballard Power Systems Stock.

What's the current price of Ballard Power Systems Stock?
As of the end of day on the 2024-03-28, the price of an Ballard Power Systems (BLDP) share was $2.78.

What is the 52-week high and low for Ballard Power Systems Stock?
The 52-week high for Ballard Power Systems Stock is $5.68 and the 52-week low is $2.66.

What is the market capitalization of Ballard Power Systems Stock?
As of the 2024-03-28, the market capitalization of Ballard Power Systems is 831.323M.

When is the next earnings date for Ballard Power Systems?
The upcoming earnings date for Ballard Power Systems is May 08, 2024.
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