Blink Charging stock: buy or sell

BLNK stock price: $47.10 -10.49% At close on Jan 15th, 2021

Updated on:
Jan 18th, 2021

1

Blink Charging stock brief

  • Blink Charging closed last Friday at $47.10 after collapsing a -10.49%.
  • The stock is configuring an uptrend pattern since March 2020, when it bottomed at $1.25. This rally marked a 3,668.00% gain
  • Blink Charging Co., through its subsidiaries, owns, operates, and provides electric vehicle (EV) charging equipment and networked EV charging services in the United States.

Should I buy Blink Charging stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best

Is $BLNK stock a buy?

Currently, Blink Charging stock doesn't match any of these trading strategies, so our recommendation is not to buy now. This doesn't mean $BLNK will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems

Should I sell Blink Charging stock?

When you are a novel trader and you own a stock with some profit, it's really hard to decide the best moment to sell and get your profits. Trading strategies allow us to avoid rash decisions based on our sentiments or the noise that surrounds the market. When selling, as well as buying, our strategies are very simple to use but are only valid for selling stocks in your porfolio, not for shorting Blink Charging stock

As a rule of thumb, you should never hold an investment that yields losses greater than those expected upon the buy. When to sell your stock should always be dictated by the stop-loss (automatic or manual)

Is it time to sell Blink Charging stock?

Currently, Blink Charging stock doesn't match any of our preferred sell setups, so if you hold Blink Charging stock and your operation is in profit probably is not time to sell now

Blink Charging ratings

In the previous 30 days we couldn't find any rating for Blink Charging

Blink Charging stock analysis

Since in March 2020, Blink Charging has been printing an uptrend that by now marked an amazing 3,668.00%. The price line shows higher peaks and higher troughs, and along the way provided some buying opportunities for those who wanted to trade in. Latest low was in early December, when price bounced at $18.81. Currently, the price trades in a consolidation between its last top ($57.85) and its last bottom ($18.81)

SMAs overview

BLNK stock SMAs chart

Supports and resistances

The current resistances are:

  • R1: $57.85 (22.82% above)
  • The current supports are:

  • S1: $34.67 (-26.39% below)
  • S2: $18.81 (-60.06% below)
  • S3: $14.58 (-69.04% below)
  • Bollinger bands

    BLNK stock Bollinger Bands chart

    Relative strength index

    The RSI dropped below the overbought level of 70 in late December after just crossing to the overbough zone for 1 day (weak signal). The RSI value last Friday was 58.04. Since that level was lost, Blink Charging price scarcely changed a 0.43%

    BLNK stock RSI chart

    Blink Charging stock price history

    Blink Charging started trading priced at an adjusted price1 of $70.00 on Feb 2012. Since then, BLNK stock declined by -32.71%. An investment of $1,000USD on Feb 2012 would have a value of $672.86 nowadays.

    1: Adjusted price after possible price splits or reverse-splits

    BLNK stock price history chart

    Price target for Blink Charging stock

    Nobody knows how much a stock will be priced tomorrow. Banks and financial organisations issue their analysis forecasting how a stock will performance in the future.

    Along with buy or sell recommendations, financial institutions release their price predictions based on the stock price action and the company fundamental data. Most of these forecasts follow the release of new financial data by the company, and many times. If you are a small investor you should not trade based on these price targets.

    In the last month we couldn't find any price target posted for Blink Charging stock.

    Earnings and financials

    Blink Charging Co. ($BLNK) published earnings of $-0.12 per share last November, considerably missing the analysts consensus estimate of $-0.09 per share. This Q3 report means an earnings surprise of -33.33%.

    Same quarter last year, reported EPS was $-0.09, so recently reported EPS is a reduction of -33.33%. Looking at sales, figures exploded a 18.44% compared to $7.6M same quarter last year.

    Blink Charging ($BLNK) is presenting financial report next April.

    Blink Charging performance

    BLNK performance compared
    Company1m3m6m
    Blink Charging ($BLNK) 65.80% 380.60% 630.20%

    Important:
    The viewpoints written in this article are personal and not recommendations for you to buy or sell stocks. The author of this paper does not have an understanding of the particular circumstances of the reader, his or her own financial statements or what is in his or her best interest at any given time. All users should speak with their financial advisor before buying or selling any securities Thoughts are posted for general educational motives only

    Blink Charging summary

    Friday, January 15th, 2021
    Open$51.3
    Close$47.1
    Day range$46.6 - $52.3
    Previous close$52.62
    Session gain-10.49%
    Average true range$7.85
    50d mov avg$29.77
    100d mov avg$18.96
    200d mov avg$11.69
    Earnings dateApril 1st, 2021

    Frequently asked questions

    What is Blink Charging stock symbol?

    Blink Charging Co. is a public company trading in the US stock market with the BLNK symbol

    Is Blink Charging stock a buy or sell?

    Blink Charging had no ratings in the last 30 days Read the article to get additional tips on trading BLNK stock.

    Will BLNK go up?

    There were no forecasts published by market analysts in the last month for Blink Charging.