BLACKBERRY LTD.

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	BB
ISIN:	CA09228F1036

BLACKBERRY LTD. - Weekly - Technical analysis published on 04/16/2021 (GMT)

Londinia

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Timeframe : Weekly
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bullish

Technical indicators

17%

33%

50%

My opinion

Bullish above 7.02 USD

My targets

9.77 USD (+11.40%)

10.14 USD (+15.62%)

My analysis

We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on BLACKBERRY LTD.. As long as you are above the support located at 7.02 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 9.77 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 10.14 USD as an objective. Crossing it would then enable buyers to target 14.40 USD. If the support 7.02 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.

Force

2.7

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by gbeckett. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The BLACKBERRY LTD. rating is 8.77 USD. The price registered a decrease of -3.94% over 5 days and was traded between 8.65 USD and 9.37 USD over the period. The price is currently at +1.39% from its lowest point and -6.40% from its highest point.

8.65

9.37

8.77

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by BLACKBERRY LTD.:

The Central Records scanner for higher/lower results shows an item:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of BLACKBERRY LTD. in Weekly shows an overall bullish trend. 75.00% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Weekly

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly

RSI indicator is back over 50

Type : Bullish

Timeframe : Weekly

Momentum indicator is back under 0

Type : Bearish

Timeframe : Weekly

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Near support of triangle

Type : Bullish

Timeframe : Weekly

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Bullish harami

Type : Bullish

Timeframe : Weekly

ProTrendLines

Price

	S1	Price	R1	R2	R3
ProTrendLines	6.14	8.77	10.14	14.40	25.10
Change (%)	-29.99%	-	+15.62%	+64.20%	+186.20%
Change	-2.63	-	+1.37	+5.63	+16.33
Level	Major	-	Major	Intermediate	Major

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	8.08	8.36	8.57	8.85	9.06	9.34	9.55
Camarilla	8.64	8.68	8.73	8.77	8.82	8.86	8.91
Woodie	8.04	8.34	8.53	8.83	9.02	9.32	9.51
Fibonacci	8.36	8.55	8.67	8.85	9.04	9.16	9.34

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	7.67	8.14	8.64	9.11	9.61	10.08	10.58
Camarilla	8.86	8.95	9.04	9.13	9.22	9.31	9.40
Woodie	7.68	8.15	8.65	9.12	9.62	10.09	10.59
Fibonacci	8.14	8.51	8.74	9.11	9.48	9.71	10.08

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.86	5.61	7.02	9.77	11.18	13.93	15.34
Camarilla	7.29	7.67	8.05	8.43	8.81	9.19	9.57
Woodie	2.19	5.28	6.35	9.44	10.51	13.60	14.67
Fibonacci	5.61	7.20	8.18	9.77	11.36	12.34	13.93

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	49.41
MACD (12,26,9):	0.7900
Directional Movement:	20.01
AROON (14):	21.43
DEMA (21):	10.62
Parabolic SAR (0,02-0,02-0,2):	21.20
Elder Ray (13):	-0.73
Super Trend (3,10):	15.69
Zig ZAG (10):	8.77
VORTEX (21):	1.0500
Stochastique (14,3,5):	9.29
TEMA (21):	10.51
Williams %R (14):	-93.24
Chande Momentum Oscillator (20):	-5.27
Repulse (5,40,3):	-18.9800
ROCnROLL:	-1
TRIX (15,9):	2.5700
Courbe Coppock:	48.88

MA7:	9.05
MA20:	9.44
MA50:	10.58
MA100:	9.82
MAexp7:	9.60
MAexp20:	9.37
MAexp50:	7.88
MAexp100:	7.40
Price / MA7:	-3.09%
Price / MA20:	-7.10%
Price / MA50:	-17.11%
Price / MA100:	-10.69%
Price / MAexp7:	-8.65%
Price / MAexp20:	-6.40%
Price / MAexp50:	+11.29%
Price / MAexp100:	+18.51%

Quotes : - 15 min delayed data - NYSE Stocks

News

The last news published on BLACKBERRY LTD. at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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