Blade Air Mobility Stock Technical Analysis

BLDE Stock  USD 3.19  0.04  1.27%   
As of the 25th of April, Blade Air shows the mean deviation of 4.21, and Risk Adjusted Performance of 0.0478. Blade Air Mobility technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down nineteen technical drivers for Blade Air Mobility, which can be compared to its peers. Please confirm Blade Air Mobility jensen alpha, semi variance, and the relationship between the standard deviation and value at risk to decide if Blade Air Mobility is priced correctly, providing market reflects its regular price of 3.19 per share. Given that Blade Air has jensen alpha of 0.1437, we suggest you to validate Blade Air Mobility's prevailing market performance to make sure the company can sustain itself at a future point.

Blade Air Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Blade, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Blade
  
Blade Air's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Blade Air Analyst Consensus

Target PriceAdvice# of Analysts
8.38Strong Buy5Odds
Blade Air Mobility current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Blade analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Blade stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Blade Air Mobility, talking to its executives and customers, or listening to Blade conference calls.
Blade Analyst Advice Details
Blade Air technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Blade Air technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Blade Air trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Blade Air Mobility Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was five with a total number of output elements of fifty-six. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Blade Air Mobility volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Blade Air Mobility Trend Analysis

Use this graph to draw trend lines for Blade Air Mobility. You can use it to identify possible trend reversals for Blade Air as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Blade Air price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Blade Air Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Blade Air Mobility applied against its price change over selected period. The best fit line has a slop of   0.01  , which means Blade Air Mobility will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1.36, which is the sum of squared deviations for the predicted Blade Air price change compared to its average price change.

About Blade Air Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Blade Air Mobility on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Blade Air Mobility based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Blade Air Mobility price pattern first instead of the macroeconomic environment surrounding Blade Air Mobility. By analyzing Blade Air's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Blade Air's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Blade Air specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2020 2022 2023 2024 (projected)
Days Sales Outstanding40.0827.1724.4522.47
PTB Ratio2.120.931.071.02

Blade Air April 25, 2024 Technical Indicators

Most technical analysis of Blade help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Blade from various momentum indicators to cycle indicators. When you analyze Blade charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
When determining whether Blade Air Mobility is a strong investment it is important to analyze Blade Air's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Blade Air's future performance. For an informed investment choice regarding Blade Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blade Air Mobility. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
Note that the Blade Air Mobility information on this page should be used as a complementary analysis to other Blade Air's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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When running Blade Air's price analysis, check to measure Blade Air's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Blade Air is operating at the current time. Most of Blade Air's value examination focuses on studying past and present price action to predict the probability of Blade Air's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blade Air's price. Additionally, you may evaluate how the addition of Blade Air to your portfolios can decrease your overall portfolio volatility.
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Is Blade Air's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Blade Air. If investors know Blade will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Blade Air listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.76)
Revenue Per Share
1.244
Quarterly Revenue Growth
2.083
Return On Assets
(0.11)
Return On Equity
(0.24)
The market value of Blade Air Mobility is measured differently than its book value, which is the value of Blade that is recorded on the company's balance sheet. Investors also form their own opinion of Blade Air's value that differs from its market value or its book value, called intrinsic value, which is Blade Air's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Blade Air's market value can be influenced by many factors that don't directly affect Blade Air's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Blade Air's value and its price as these two are different measures arrived at by different means. Investors typically determine if Blade Air is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blade Air's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.