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Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Ballard Power Systems, Inc. - Common Shares (NASDAQ:BLDP)

Sidelines Mode (-55) - BLDP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid BLDP?

MarketClub looks at technical strength and momentum to determine if the timing is right for BLDP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_BLDP
Open High Low BLDP Price Change
2.87 2.95 2.87 2.94 +0.06
Entry Signal

MarketClub’s Trade Triangles for BLDP

long term down The long-term trend has been DOWN since Apr 20th, 2023 at 4.670

intermediate term down The intermediate-term trend has been DOWN since Apr 19th, 2024 at 2.665

short term up The short-term trend has been UP since Apr 29th, 2024 at 2.625

Smart Scan Analysis for BLDP

Based on our trend formula, BLDP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for BLDP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.87 2.95 2.87 2.94 +0.06
Prev. Close Volume Bid Ask Time
2.88 378283 2024-05-09 10:06:53
Year High4.62Year High Date2018-09-21
Year Low2.57Year Low Date2018-06-26
52wk High5.6852wk High Date2023-06-13
52wk Low2.4252wk Low Date2024-04-25
Year End Close0.6107Average Volume2,597,181
Shares Outstanding156,837Short Interest1,607,563
% Institutional17.9Market Cap1,146M
Assets105,039,100MLiabilities98,792,000M
Beta1.84Volatility80.25
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