Stock Trend Analysis Report
Prepared for you on Thursday, October 28, 2021.
Berkeley Lights, Inc. (NASDAQ:BLI)
Sidelines Mode (-55) - BLI 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 BLI?
MarketClub looks at technical strength and momentum to determine if the timing is right for BLI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BLI
The long-term trend has been DOWN since Feb 22nd, 2021 at 69.25
The intermediate-term trend has been UP since Oct 18th, 2021 at 25.66
The short-term trend has been DOWN since Oct 22nd, 2021 at 24.58
Smart Scan Analysis for BLI
Based on our trend formula, BLI is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||113.5299||52wk High Date||2020-12-23|
|52wk Low||17.82||52wk Low Date||2021-10-11|
|Average Volume||1,521,541||Shares Outstanding||67,101|