Technical Analysis for BLNK - Blink Charging Co.

Grade Last Price % Change Price Change
D 3.11 -1.89% -0.06
BLNK closed down 1.89 percent on Friday, May 31, 2024, on 70 percent of normal volume. It was able to bounce off of its 200 day moving average, an important long-term support line.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Down

Date Alert Name Type % Chg
20 DMA Support Bullish 0.00%
200 DMA Support Bullish 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
Outside Day Range Expansion 0.00%
Crossed Above 20 DMA Bullish -1.89%
Crossed Above 200 DMA Bullish -1.89%
Bollinger Band Squeeze Range Contraction -1.89%
Fell Below 20 DMA Bearish 2.64%
Bollinger Band Squeeze Range Contraction 2.64%
NR7 Range Contraction 2.64%

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Profile

Blink Charging Co. Description

Blink Charging Co., through its subsidiaries, owns, operates, and provides electric vehicle (EV) charging equipment and networked EV charging services in the United States. The company offers residential and commercial EV charging equipment that enable EV drivers to recharge at various location types. It also provides Blink Network, a cloud-based system that operates, maintains, and tracks various Blink charging stations and associated charging data, as well as provides property owners, managers, and parking companies with cloud-based services that enable the remote monitoring and management of EV charging stations and payment processing; and provides EV drivers with station information, including station location, availability, and applicable fees. In addition, the company provides EV charging hardware, site recommendations, and maintenance services. It has strategic partnerships across transit/destination locations, including airports, auto dealers, healthcare/medicals, hotels, mixed-use, municipal locations, multifamily residential and condos, parks and recreation areas, parking lots, religious institutions, restaurants, retailers, schools and universities, stadiums, supermarkets, transportation hubs, and workplace locations. The company offers its services through field sales force and reseller partners, as well as sells home unit chargers through various internet channels. As of December 31, 2019, it had approximately 14,778 EV charging stations. The company was formerly known as Car Charging Group, Inc. and changed its name to Blink Charging Co. in August 2017. Blink Charging Co. was founded in 2009 and is headquartered in Miami Beach, Florida.


Classification

Sector: Industrials
Industry: Business Services
Keywords: Transport Electric Vehicle Payment Processing Airport Electric Power Charging Station Stadiums Battery Electric Vehicle Green Vehicles Inductive Charging Electric Vehicle Network Transportation Hubs

Is BLNK a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 7.25
52 Week Low 2.18
Average Volume 5,098,725
200-Day Moving Average 3.07
50-Day Moving Average 2.78
20-Day Moving Average 3.11
10-Day Moving Average 3.14
Average True Range 0.21
RSI (14) 54.13
ADX 22.93
+DI 27.90
-DI 17.66
Chandelier Exit (Long, 3 ATRs) 2.90
Chandelier Exit (Short, 3 ATRs) 3.12
Upper Bollinger Bands 3.41
Lower Bollinger Band 2.81
Percent B (%b) 0.5
BandWidth 19.26
MACD Line 0.10
MACD Signal Line 0.12
MACD Histogram -0.02
Fundamentals Value
Market Cap 209.64 Million
Num Shares 67.4 Million
EPS -3.58
Price-to-Earnings (P/E) Ratio -0.87
Price-to-Sales 1.56
Price-to-Book 0.86
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 3.46
Resistance 3 (R3) 3.46 3.34 3.40
Resistance 2 (R2) 3.34 3.25 3.34 3.38
Resistance 1 (R1) 3.23 3.19 3.17 3.23 3.36
Pivot Point 3.11 3.11 3.08 3.11 3.11
Support 1 (S1) 2.99 3.02 2.93 2.99 2.86
Support 2 (S2) 2.87 2.96 2.87 2.84
Support 3 (S3) 2.76 2.87 2.82
Support 4 (S4) 2.76