BLACKBERRY LTD closed down -0.310 at 7.770. Volume was 5% below average (neutral) and Bollinger Bands were 5% narrower than normal.
Open High Low Close Volume___
8.080 8.140 7.630 7.770 6,393,952
Technical Outlook
Short Term: Neutral
Intermediate Term: Bullish
Long Term: Bearish
Moving Averages: 10-period 50-period 200-period
Close: 7.60 7.20 8.69
Volatility: 49 50 42
Volume: 6,121,207 6,587,259 8,064,982
Short-term traders should pay closer attention to buy/sell arrows while intermediate/long-term traders should place greater emphasis on the Bullish or Bearish trend reflected in the lower ribbon.
Summary
BLACKBERRY LTD is currently 10.6% below its 200-period moving average and is in an upward trend. Volatility is relatively normal as compared to the average volatility over the last 10 periods. Our volume indicators reflect moderate flows of volume into BBRY.O (mildly bullish). Our trend forecasting oscillators are currently bullish on BBRY.O and have had this outlook for the last 21 periods.
Candlesticks
A big black candle occurred. This is bearish, as prices closed significantly lower than they opened. If the candle appears when prices are “high,” it may be the first sign of a top. If it occurs when prices are confronting an overhead resistance area (e.g., a moving average, trendline, or price resistance level), the long black candle adds credibility to the resistance. Similarly, if the candle appears as prices break below a support area, the long black candle confirms the failure of the support area.
During the past 10 bars, there have been 6 white candles and 4 black candles for a net of 2 white candles. During the past 50 bars, there have been 25 white candles and 25 black candles.
Momentum Outlook
Momentum is a general term used to describe the speed at which prices move over a given time period. Generally, changes in momentum tend to lead to changes in prices. This expert shows the current values of four popular momentum indicators.
Stochastic Oscillator
One method of interpreting the Stochastic Oscillator is looking for overbought areas (above 80) and oversold areas (below 20). The Stochastic Oscillator is 66.5254. This is not an overbought or oversold reading. The last signal was a sell 1 period(s) ago.
Relative Strength Index (RSI)
The RSI shows overbought (above 70) and oversold (below 30) areas. The current value of the RSI is 58.34. This is not a topping or bottoming area. A buy or sell signal is generated when the RSI moves out of an overbought/oversold area. The last signal was a buy 27 period(s) ago.
Commodity Channel Index (CCI)
The CCI shows overbought (above 100) and oversold (below -100) areas. The current value of the CCI is 85. This is not a topping or bottoming area. The last signal was a sell 0 period(s) ago.
MACD
The Moving Average Convergence/Divergence indicator (MACD) gives signals when it crosses its 9 period signal line. The last signal was a buy 7 period(s) ago.
BlackBerry Limited (BlackBerry), incorporated on February 24, 2003, is a provider of mobile communications. The Company is engaged primarily in the provision of the BlackBerry wireless solution, consisting of smartphones, service and software. The Company’s four areas of business are Devices business, Enterprise Services, BlackBerry Technology Solutions (BTS) business and Messaging. The Company’s Devices business is focused on delivering smartphone products. BlackBerry’s Enterprise Services business offers enterprise products and services. The Company’s BTS business consists of five units: QNX Software Systems Limited (QNX), Certicom, Paratek, the BlackBerry Internet of Things (IoT) Platform, and Intellectual Property and Patent Licensing (IPPL). The Company’s Messaging business is engaged in providing BlackBerry Messenger (BBM).
The Company’s smartphones are powered by the BlackBerry 10 operating system (OS). BlackBerry smartphones are available from various carriers and indirect channels, through a range of distribution partners, and are designed to operate on a range of carrier networks, including High Speed Packet Access (HSPA), HSPA+, Universal Mobile Telecommunications System (UMTS), Global System for Mobile Communications (GSM), general packet radio service (GPRS), Enhanced Data rates for GSM Evolution (EDGE), code division multiple access (CDMA), Evolution-Data Optimized (Ev-DO) and Integrated Digital Enhanced Network (iDEN).
Devices business
The Company offers a portfolio of QWERTY and full-touch smartphone products to both the enterprise and consumer markets. BlackBerry has a joint device development and manufacturing agreement with Foxconn. The Company’s product portfolio is focused on serving enterprise customers, particularly in regulated industries and some vertical markets, including financial services, Government and healthcare.
Enterprise Services
BlackBerry caters to the enterprise marketing management (EMM) and mobile device management (MDM) markets through its BlackBerry Enterprise Server (BES) platform. The Company’s primary enterprise software offering is its BES12 platform. BlackBerry’s other enterprise services include Enterprise Identity by BlackBerry, which provides access to cloud-based services with a single point of entitlement, control and audit for various cloud apps; virtual private network (VPN) Authentication by BlackBerry, which provides the option of eliminating the need for employee passwords or personal identification numbers (PINs) and hardware tokens; BBM Meetings, which provides a mobile-first collaboration app that provides a way to work on BlackBerry and Android devices, as well as connecting with users on a Windows personal computer (PC) or Mac; BlackBerry Blend for Enterprise, which allows employees to access personal and work data from their BlackBerry smartphone on desktops and tablets, and WorkLife by BlackBerry, which allows enterprises to add a separate corporate phone number to personal devices brought in by their employees or enables the employee to add a separate personal phone number to a corporate-liable device provided by the company. The Company also offers BBM Protected services.
BTS business
The Company’s BlackBerry Technology Solutions business consists of five units: QNX, Certicom, Paratek, the BlackBerry IoT Platform and IPPL. QNX is a provider of operating systems, development tools and middleware for the automotive, medical, industrial, consumer, networking and defense markets. QNX provides software for automotive electronics, with products deployed in the infotainment and telematics systems of over 50 million vehicles across the world. QNX automotive customers include Audi, Bayerische Motoren Werke (BMW), Chrysler, Ford, General Motors (GM), Honda, Hyundai, Jaguar, Land Rover, Maserati, Mercedes-Benz, Porsche, Toyota and Volkswagen, and over 40 original equipment manufacturers (OEMs) altogether. QNX is also a supplier for companies building medical devices, train-control systems, industrial robots, hardware security modules, building automation systems, green energy solutions, and other mission-critical and safety-critical applications.
Certicom is focused on applied cryptography and key management, offering both software components and end-to-end security solutions targeted at bandwidth and resource-constrained applications. Paratek designs, develops and licenses its radio frequency (RF) antenna tuning technology. The BlackBerry IoT Platform connects data generators with data consumers via a platform and application service modules, which are hosted on a global, scalable, multi-tenant network protected by BlackBerry’s security features. The IPPL unit manages a patent portfolio, which includes a range of both standards essential patents and implementation patents.
Messaging
BBM is the Company’s instant mobile to mobile private messaging service and, as of February 28, 2015, was available on BlackBerry, iOS, Android and Windows Phone platforms. BBM’s offerings include free voice calling over wireless fidelity (Wi-Fi), one-click sharing of files and photos, Dropbox integration, location sharing and BBM Channels. For enterprise customers, the Company offers for BBM Protected for enterprise communications and a mobile-first meeting experience with BBM Meetings.
The Company competes with Apple Inc., Google, Microsoft Corporation, Samsung, LG Electronics Mobile Communications Company, Lenovo Group Ltd., HTC Corporation, Huawei Technologies Co., Ltd., Nokia Corporation, ZTE Corporation, Xiaomi Inc., IBM, SAP AG, Citrix, VMware, Inc., Mobile Iron, Inc., Good Technology Corporation, Green Hills Software, Intel Corporation, MontaVista Software, Mentor Graphics Corporation, Sysgo AG, Facebook, Line, WeChat, Viber, Kik, Kakao Talk, Telegram, Snapchat, Cumulocity, Exosite and IBM.
Read more at Reutershttp://www.reuters.com/finance/stocks/companyProfile#wLwJt5mL8blwhIq2.99
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