Blackberry Stock Technical Analysis

BB
 Stock
  

USD 6.75  0.10  1.50%   

As of the 8th of August, Blackberry shows the risk adjusted performance of 0.1021, and Mean Deviation of 3.33. Blackberry technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We have analyzed nineteen technical drivers for Blackberry, which can be compared to its rivals. Please confirm Blackberry mean deviation, standard deviation, treynor ratio, as well as the relationship between the downside deviation and information ratio to decide if Blackberry is priced correctly, providing market reflects its regular price of 6.75 per share. Given that Blackberry has jensen alpha of 0.3207, we suggest you to validate Blackberry's prevailing market performance to make sure the company can sustain itself at a future point.
  

Blackberry Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Blackberry, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Blackberry
Blackberry's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Blackberry Analyst Consensus

Target PriceAdvice# of Analysts
9.0Strong Sell3Odds
Blackberry current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Blackberry analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Blackberry stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Blackberry, talking to its executives and customers, or listening to Blackberry conference calls.
Blackberry Analyst Advice Details
Blackberry technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Blackberry technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Blackberry trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Blackberry Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was one with a total number of output elements of sixty. The Normalized Average True Range is used to analyze tradable apportunities for Blackberry across different markets.
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Blackberry Trend Analysis

Use this graph to draw trend lines for Blackberry. You can use it to identify possible trend reversals for Blackberry as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Blackberry price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Blackberry Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Blackberry applied against its price change over selected period. The best fit line has a slop of   0.008823  , which suggests that Blackberry will keep on generating value for investors. It has 122 observation points and a regression sum of squares at 2.94, which is the sum of squared deviations for the predicted Blackberry price change compared to its average price change.

About Blackberry Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Blackberry on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Blackberry based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Blackberry stock first instead of the macroeconomic environment surrounding Blackberry. By analyzing Blackberry's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Blackberry's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Blackberry specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2019 2021 2022 (projected)
Book Value per Share2.672.713.84
Asset Turnover0.30.270.28

Blackberry August 8, 2022 Technical Indicators

Most technical analysis of Blackberry help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Blackberry from various momentum indicators to cycle indicators. When you analyze Blackberry charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Blackberry August 8, 2022 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Blackberry stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Continue to Trending Equities. Note that the Blackberry information on this page should be used as a complementary analysis to other Blackberry's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

Complementary Tools for Blackberry Stock analysis

When running Blackberry price analysis, check to measure Blackberry's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Blackberry is operating at the current time. Most of Blackberry's value examination focuses on studying past and present price action to predict the probability of Blackberry's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Blackberry's price. Additionally, you may evaluate how the addition of Blackberry to your portfolios can decrease your overall portfolio volatility.
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Is Blackberry's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Blackberry. If investors know Blackberry will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Blackberry listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
3.9 B
Quarterly Revenue Growth YOY
-0.034
Return On Assets
-0.0615
Return On Equity
-0.0753
The market value of Blackberry is measured differently than its book value, which is the value of Blackberry that is recorded on the company's balance sheet. Investors also form their own opinion of Blackberry's value that differs from its market value or its book value, called intrinsic value, which is Blackberry's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Blackberry's market value can be influenced by many factors that don't directly affect Blackberry's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Blackberry's value and its price as these two are different measures arrived at by different means. Investors typically determine Blackberry value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blackberry's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.