What Technical Analysis say About Ballard Power Systems Inc. (NASDAQ:BLDP)?

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Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of Ballard Power Systems Inc. (NASDAQ:BLDP) for the period of 9-Day stands at 61.64% while the stochastic %D for the same period stands at 69.65%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of Ballard Power Systems Inc. (NASDAQ:BLDP) signals “Buy” while other important signals like the 20-Day Moving Average Vs. Price signals “Buy”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Buy” for Ballard Power Systems Inc. (NASDAQ:BLDP) while 20-100 Day MACD Oscillator indicates “Buy”.

Bollinger band is a volatility indicator of a certain security, currently Ballard Power Systems Inc. (NASDAQ:BLDP)’s 20-Day Bollinger Band indicates “Hold”.

About Company

Ballard Power Systems focuses on developing and bringing to market PEM fuel cell systems for transportation, stationary, and portable applications. Ballard now offers key subsystems and components that are based on technology developed in support of Ballard fuel cell products.  Their focus is on further enhancing product performance, reducing costs, designing market-viable products, developing additional volume-manufacturing capabilities, and continuing to build customer and supplier relationships.

Previous Day Activity Analysis

On the last trading day, Ballard Power Systems Inc. (NASDAQ:BLDP) opened the session at $5.14 and after going down -0.19% closed at $5.13. The stock lost -0.01 points in the last trade.

Ballard Power Systems Inc. (NASDAQ:BLDP)’s stock fluctuated in the range of $5.13 and $5.27 during the previous active session. Ballard Power Systems Inc. (NASDAQ:BLDP) traded with the volume of 1.28 Million with average volume of 2.36 Million. The stock has HIGH volatility on the last trading session.

Currently the Beta for the company remains at 2.6 while ATR (Average True Range) and RSI (Relative Strength Index) are at 0.3 and 64.9 respectively.

Currently the Insider Ownership of the shares of Ballard Power Systems Inc. (NASDAQ:BLDP) is at 0.5% and the shares outstanding are 176.51 Million.

Important Ratio Analysis

Some important ratios to consider here for Ballard Power Systems Inc. (NASDAQ:BLDP) are discussed below:

Dividend yield of Ballard Power Systems Inc. (NASDAQ:BLDP) stands at 0% whereas Price to Earnings P/E ratio stands at 0 while Forward P/E shows the value of 0.

The PEG ratio (Price to Earning to Growth) emits the value of 0. The Price to Sale P/S and Price to Book P/B shows the value of 9.01 and 7.54 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 13.3 and 312.24 correspondingly.

The Quick Ratio of Ballard Power Systems Inc. (NASDAQ:BLDP) stands at 2 while the Current Ratio depicts the value of 2.4.

Return on Assets ROA of Ballard Power Systems Inc. (NASDAQ:BLDP) is at -5.2% whereas, Return on Equity ROE and Return of Investment ROI of Ballard Power Systems Inc. (NASDAQ:BLDP) stand at -7.7% and -14.8% respectively.

Stock Performance Analysis

The stock performance of Ballard Power Systems Inc. (NASDAQ:BLDP) on the basis of 5 day trade show the jump of 0.59% whereas, the monthly performance of the stock shows increase of 19.58%.

The quarterly performance of the stock remained in green zone with the value of 79.37% while six month performance of the shares of Ballard Power Systems Inc. (NASDAQ:BLDP) remained bullish with the count of 74.49%.

The yearly and YTD performance of Ballard Power Systems Inc. (NASDAQ:BLDP) remained up at 133.18% and 210.91% respectively.

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