Ticker: BB
2023 Low: $3.31 (USD)
2023 High: $4.58
Current price: $4.37
The company recently reported nine new “design wins” in the automotive industry, and their QNX technology is now installed in more than 215 million vehicles worldwide, with Human Horizons deploying BlackBerry QNX technology for autonomous driving features in their HiPhi Z vehicle. Without a doubt, Blackberry has eyes firmly on innovation.
Trading BB requires a slightly deeper dive, but once you’ve identified and verified your source information, following Blackberry’s corporate reports and product releases is quite easy.
When making your fundamental analysis, consider comparing the automotive giants and their sales too. They are related, and a drop in auto volumes could affect the performance of Blackberry.
Sensitivity to sentiment is also an issue. Blackberry is a tech company at heart, and when the tech sector suffers, Blackberry gets dropped into that bearish basket.
When making technical analysis, consider using the Moving-Average Convergence/Divergence line (MACD). MACD will help you recognize trends and signal BB’s momentum.
The MACD line compares BB’s short-term and long-term momentum in order to estimate its future direction. Use the MACD to compare two moving averages at the same time. Set for any time period, but perhaps avoid using it for day trading. The 12-day and 26-day moving average are advised for BB.
2023 Low: $3.31 (USD)
2023 High: $4.58
Current price: $4.37
The company recently reported nine new “design wins” in the automotive industry, and their QNX technology is now installed in more than 215 million vehicles worldwide, with Human Horizons deploying BlackBerry QNX technology for autonomous driving features in their HiPhi Z vehicle. Without a doubt, Blackberry has eyes firmly on innovation.
Trading BB requires a slightly deeper dive, but once you’ve identified and verified your source information, following Blackberry’s corporate reports and product releases is quite easy.
When making your fundamental analysis, consider comparing the automotive giants and their sales too. They are related, and a drop in auto volumes could affect the performance of Blackberry.
Sensitivity to sentiment is also an issue. Blackberry is a tech company at heart, and when the tech sector suffers, Blackberry gets dropped into that bearish basket.
When making technical analysis, consider using the Moving-Average Convergence/Divergence line (MACD). MACD will help you recognize trends and signal BB’s momentum.
The MACD line compares BB’s short-term and long-term momentum in order to estimate its future direction. Use the MACD to compare two moving averages at the same time. Set for any time period, but perhaps avoid using it for day trading. The 12-day and 26-day moving average are advised for BB.