Blink Charging Co. Common Stock | BLNK

Daily Technical Analysis of Blink Charging Co. Common Stock

Blink Charging Co. is up a bit on the day, funds flowing in kept the price up 1.69% since yesterday.

Currently BLNK isn't at a clear support/resistance line that seems tradable. But we can consider it's momentum, Blink Charging Co. has seen a lot of selling over the last year which hasn't let up, this thing has really been sliding. People who bought the Business Services company have lost -82.91 percent over the last 12 months, not great! I would wait until it get to a better support level before rolling the dice on this one. BLNK might find some support at the 5.86 level, buyers might push the price back up from here. But it's not very clear what will happen.

Analyst Ratings for Blink Charging Co. By Price Target And Rating

The balance of viewpoints by the analysts is positive. The current Analysts Sentiment Score is 53.68. Most companies range between (-200 to 200).

Here's a break down of the latest rating changes. On 2023-08-09 HC Wainwright reiterated their rating of Buy ➝ Buy and added a price target of $50.00. B. Riley dropped their 1 year price target to 8.007.00 on 2023-07-20. On 2023-05-12 Barclays decreased their price target to 11.0010.00. DA Davidson provided a price target drop to 14.0011.00 on 2023-05-11. On 2023-04-25 Stifel Nicolaus decreased their price target to 23.009.00. Needham & Company LLC announced that they are initiating coverage with a rating of Hold ➝ Hold on 2023-03-02. Cowen dropped their 1 year price target to 16.00 on 2022-11-15.

Company	Ratings Score ? Composite analyst sentiment score	Positive Ratings	Negative Ratings	Boost Price Target	Lower Price Target
BLNK	53.68	62.56	0	62.56	-17.75

Earnings Per Share (EPS) Estimates By Year and Quarter

(updated 2022-05-02)

Company	YOY Growth Score (typical -20 to +20)	Revision Directions (-6 to +6)
BLNK	0.00	-1.35

Short interest for Blink Charging Co.

We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.

Company	Short Score (typical 1-15) ? We take into account several different measures and attributes of short interest to create a composite sentiment score. typical range (0 - 30)	Short Interest	Days to Cover	Rate of Change	Shares Short
BLNK	23.37	%36.2322	7.5	8.052	15290000

How Blink Charging Co. compares to the broader Industrials sector and the more specific Business Services industry

Segment	Count	1 Day%	5 Day	1 Month	3 Month	6 Month	1 Year	RSI	3mo S-momo ? Smooth Momentum is our proprietary technical indicator that looks for momentum with the greatest consistency and steady velocity. We have penalized dramatic swings and fluctuations. If the momentum is too high and an asset spikes upward, this is often unreliable and collapses back down. But the smoothed momentum provides the highest probability of continuing into the near future with the same directional rate of change. Several complex factors are weighted by neural nets to maximize probabilistic accuracy. It works the same with positive or negative directions.	6mo S-momo	1yr S-momo	Resistance ? Support and Resistance levels are determined by previous high and low points. You may be familiar with traders drawing lines across charts where several peaks or valleys occur in the same range. This helps us understand the trading range of an asset where the market doesn't perceive it to be worth more or less than a certain price level. When it nears the boundaries of this range the probability of reversal can increase. Our neural nets create scores for this measure based on many factors such as the frequency, recency, size, consistency, etc of previous reversal points.	Support	Demark Sell ? Demark 9 indicators are designed to look for exhaustion in the selling or buying trend which can often be predictive of a reversal point. This indicator is triggered when there are 9 consecutive days where the closing price is higher/lower than the closing price 4 days ago. Like all indicators, it is best used in combinations with other factors.	Demark Buy	Short Interest	Analysts Ratings ? We track several different measures of analyst sentiment including ratings and price targets. To create a composite Analyst Sentiment Score, we weight several factors such as the recent rate of change which can be more predictive than the absolute level. We also weight each analyst's opinion based on their historic accuracy. We built in a time decay function to ensure that the rating reflects the current sentiment levels. Typical range (-80 to +80)
Business Services Show Me Companies With: S-Momentum: Highest \| Lowest At Bottom Support At Top Resistance RSI Highest \| Lowest 1 Day Growth: Highest \| Lowest 5 Day Growth: Highest \| Lowest 1 Month Growth: Highest \| Lowest 6 Month Growth: Highest \| Lowest List All Stocks	51	-1.52	-3.34	-5.53	-4.76	4.12	8.87	63.49	28.33	14.59	13.36	-9453.19	-13085.11	11.27	11.76	3.88	37.85
Industrials Show Me Companies With: S-Momentum: Highest \| Lowest At Bottom Support At Top Resistance RSI Highest \| Lowest 1 Day Growth: Highest \| Lowest 5 Day Growth: Highest \| Lowest 1 Month Growth: Highest \| Lowest 6 Month Growth: Highest \| Lowest List All Stocks	320	-1.15	-2.17	-5.35	-4.19	6.99	26.94	64.18	40.49	22.87	27.66	-6425.68	-17181.51	12.19	4.14	3.48	32.37

Social Sentiment for Blink Charging Co.

Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.

Ticker	Social Sentiment(1-10)
BLNK

Companies with the highest correlation to Blink Charging Co.

Company	Score	1 Day%	5 Day	1 Month	3 Month	6 Month	1 Year	RSI	3mo S-momo ? Smooth Momentum is our proprietary technical indicator that looks for momentum with the greatest consistency and steady velocity. We have penalized dramatic swings and fluctuations. If the momentum is too high and an asset spikes upward, this is often unreliable and collapses back down. But the smoothed momentum provides the highest probability of continuing into the near future with the same directional rate of change. Several complex factors are weighted by neural nets to maximize probabilistic accuracy. It works the same with positive or negative directions.	6mo S-momo	1yr S-momo	Resistance ? Support and Resistance levels are determined by previous high and low points. You may be familiar with traders drawing lines across charts where several peaks or valleys occur in the same range. This helps us understand the trading range of an asset where the market doesn't perceive it to be worth more or less than a certain price level. When it nears the boundaries of this range the probability of reversal can increase. Our neural nets create scores for this measure based on many factors such as the frequency, recency, size, consistency, etc of previous reversal points.	Support	Short Interest Score
PLUG \| Plug Power Inc.	1.38	1.00	-6.74	-15.03	-26.75	-27.45	-65.21	54	-21.08	-28.40	-32.76	-35751.21	-1244.94	14.1706
FCEL \| FuelCell Energy Inc NEW	1.32	2.03	3.72	-14.63	-42.17	-52.10	-64.45	51	-74.35	-75.21	-82.02	-29802.68	-1050.00	11.7604
BE \| Bloom Energy Corporation	1.21	-0.76	-5.38	-11.81	-16.51	-24.68	-34.34	64	-18.81	-22.90	-19.23	-14878.26	-1842.54	13.3387
BLDP \| Ballard Power Systems Inc	1.19	-2.91	-11.49	-18.87	-19.61	-32.21	-46.32	58	-29.35	-37.10	-38.41	-34563.76	-1175.29	11.3282
CLSK \| CLEANSPARK INC	1.16	-3.49	-11.28	-28.86	-23.31	49.10	19.33	51	31.15	42.71	59.30	-9566.58	-9901.24	13.1009
DDD \| 3D Systems Corp	1.15	-0.42	-9.25	-28.20	-55.59	-54.53	-44.28	44	-29.86	-35.15	-27.12	-37593.20	-1400.00	8.68812
SSYS \| Stratasys Inc (ISRAEL)	1.13	-0.08	-1.53	-12.49	-29.62	-13.11	-12.80	60	-2.92	-2.22	10.24	-23296.28	-1030.90	1.55323
TLRY \| Tilray Brands, Inc. Commo	1.12	-5.64	-1.82	1.04	43.49	-3.00	-10.19	80	-0.34	1.03	-3.99	-16002.76	-5015.20	10.7813

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