Mover to watch for: Bridgeline Digital (BLIN)

Bridgeline Digital shares (NASDAQ: BLIN) traded at -1.85% under the secure line and closed at $ 1.59. The stock traded 1.34 million shares against an average trading capacity of 850.28 million shares. It has a market capitalization of $ 8.05 million.

Wall Street analysts predict that Bridgeline Digital (NASDAQ: BLIN) will post earnings per share of $ 0 in its quarterly report. For the current quarter, Bridgeline Digital (NASDAQ: BLIN) has high EPS estimates of $ 0, which is at odds with low EPS estimates of $ 0. However, a year ago for the same quarter, the company reported earnings per share of -0.15. The average estimate for the current quarter was provided by 0 analysts.

Investors and sellers will be attentive to how the actual numbers compare to the estimates. Surprises on the profits can have a huge impact on the course of action of a company. Several studies suggest that unexpected positive benefits not only lead to an immediate rise in the price of an action, but also to a gradual increase over time. Therefore, it is not surprising that some companies are known to regularly beat earnings projections. A Negative Surprise on Profits Will Usually Result in a Falling Stock Price

A significant surprise factor in one or the other direction can generally result in a significant change in the price of the stock in the stock market. the hours and days following the report. Previously, Bridgeline Digital (NASDAQ: BLIN) posted earnings per share of -0.12 for the quarter, compared to -0.07 for the consensus estimate of -0.07 with a surprise factor of – 140%.

Bridgeline Digital (NASDAQ: BLIN) has average revenue estimates of $ 3.71 million, compared with low analyst estimates of $ 4.11 million and high estimates of $ 4.11 million dollars for the current quarter. A total of 1 analysts provided revenue estimates. For the current year, the company's revenue estimates are $ 16.92 million, compared to $ 16.92 million for analysts and $ 16.92 million for analysts, according to the forecasts of 1 analysts.

The digital price (NASDAQ: BLIN) will reach $ 4.2 for 52 weeks. Its target minimum price estimates were estimated at $ 4.2 while the maximum target price forecast is $ 4.2.

On the other hand Bridgeline Digital (NASDAQ: BLIN) has a relative strength index (RSI 14) of 54.93 with Average True Reach (ATR 14) of 0.29. When the Relative Strength Index (RSI) is a technical moment indicator that compares the magnitude of recent gains to recent losses in order to determine the excessive buying and selling conditions of the market. an asset, it is one of the most popular technical indicators. base of the speed and direction of the price movement of an action. The RSI value will always move between 0 and 100; the value will be 0 if the stock falls every 14 days, and 100 if the price goes up every day) as suggested by J Welles Wilder. In terms of market analysis and trading signals, the RSI exceeding the horizontal reference level 30 is considered a bullish indicator, while the RSI falling below the horizontal reference level 70 is considered an indicator. bearish. The level of 50 represents a neutral market moment and corresponds to the median line in other oscillators such as MACD (Moving Average Convergence / Divergence). The real average range (ATR) is a measure of the volatility introduced by Welles Wilder.

Therefore, the weekly and monthly volatility of Bridgeline Digital (NASDAQ: BLIN) is 17.40%, 15.08% respectively.