BLBD Stock Blue Bird (BLBD, $42.39) Moving Average Convergence Divergence (MACD) Histogram turned positive on January 6, 2025
at Tickeron.com
BLBD's MACD Histogram just turned positive
The Moving Average Convergence Divergence (MACD) for BLBD turned positive on January 06, 2025. Looking at past instances where BLBD's MACD turned positive, the stock continued to rise in of 49 cases over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 59 cases where BLBD's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on January 06, 2025. You may want to consider a long position or call options on BLBD as a result. In of 89 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where BLBD advanced for three days, in of 335 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 210 cases where BLBD Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
BLBD moved below its 50-day moving average on January 07, 2025 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for BLBD crossed bearishly below the 50-day moving average on December 27, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 16 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where BLBD declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
