Technical Analysis for BX - The Blackstone Group L.P.

Grade Last Price % Change Price Change
C 95.51 0.64% 0.61
BX closed down 1.0 percent on Monday, January 30, 2023, on approximately normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. The stock fell below its 200 day moving average, damaging its long-term outlook by crossing under that critical trendline. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Fell Below 200 DMA Bearish 0.38%
Shooting Star Candlestick Bearish 0.38%
Lizard Bearish Bearish Day Trade Setup 0.38%
NR7 Range Contraction 0.38%
Upper Bollinger Band Walk Strength 0.38%
Overbought Stochastic Strength 0.38%
Upper Bollinger Band Touch Strength 0.38%
Gapped Down Weakness 0.38%
Crossed Above 200 DMA Bullish -0.62%
Upper Bollinger Band Walk Strength -0.62%

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Rose Above 200 DMA 30 minutes ago
200 DMA Resistance about 1 hour ago
Lizard Bearish Entry about 1 hour ago
Shooting Star Candlestick Entry about 1 hour ago
Fell Below Previous Day's Low about 1 hour ago

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Profile

The Blackstone Group L.P. is a publicly owned investment manager. The firm also provides financial advisory services to its clients. It provides its services to public and corporate pension funds, academic, cultural, and charitable organizations. The firm manages separate client focused portfolios. It launches and manages private equity funds, real estate funds, funds of hedge funds, and credit-focused funds for its clients. It invests in private equity, public equity, fixed income, and alternative investment markets. The firm was founded in 1985 and is based in New York, New York.
Classification

Sector: Financial Services
Industry: Asset Management
Keywords: Private Equity Hedge Funds Financial Advisory Services Private Equity Fund Real Estate Funds Wilshire Associates Blackstone Gcm Grosvenor

Is BX 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 138.9499
52 Week Low 71.72
Average Volume 5,650,038
200-Day Moving Average 94.93
50-Day Moving Average 82.82
20-Day Moving Average 84.17
10-Day Moving Average 88.49
Average True Range 3.23
RSI 69.04
ADX 24.89
+DI 42.80
-DI 16.15
Chandelier Exit (Long, 3 ATRs) 87.27
Chandelier Exit (Short, 3 ATRs) 81.41
Upper Bollinger Bands 96.22
Lower Bollinger Band 72.11
Percent B (%b) 0.95
BandWidth 28.64
MACD Line 3.46
MACD Signal Line 1.88
MACD Histogram 1.5833
Fundamentals Value
Market Cap 63.96 Billion
Num Shares 674 Million
EPS 1.13
Price-to-Earnings (P/E) Ratio 84.13
Price-to-Sales 9.58
Price-to-Book 6.79
PEG Ratio 0.62
Dividend 1.91
Dividend Yield 2.01%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 98.55
Resistance 3 (R3) 98.83 97.89 97.94
Resistance 2 (R2) 97.89 96.97 97.75 97.73
Resistance 1 (R1) 96.40 96.39 97.15 96.12 97.53
Pivot Point 95.46 95.46 95.84 95.32 95.46
Support 1 (S1) 93.97 94.54 94.72 93.69 92.27
Support 2 (S2) 93.03 93.96 92.89 92.07
Support 3 (S3) 91.54 93.03 91.86
Support 4 (S4) 91.26