The week may be coming to an end, but market participants are going to continue to look for stocks that may end the week strongly, and it remains to be seen if the Blackwell 3D Construction Corp. (OTC:BDCC) stock can do so. The company was in the news cycle yesterday after it made a major new announcement with regards to its operations.
India Operations Breakthrough
The company announced that it had signed a Memorandum of Understanding (MoU) with India’s NHRDO (National Human Resource Development Organization) for the purpose of developing affordable housing units across the vast nation. As per the terms of the agreement between the two parties, Blackwell 3D Construction Corp. would be involved in providing leading-edge 3D printing technology to the housing sector in India. As a consequence, it would be possible to build sustainable, high-quality, and cost-effective housing units in the country at a rapid clip.
Key Information
Blackwell 3D Construction Corp. observed that the traditional methods of housing construction suffer from issues like long timeframes and high costs. However, thanks to 3D printing, it would be possible to build the same residences at a fraction of the same cost.
Technicals
| +/- EMA(20) | 1.39 (+7.91%) |
| +/- SMA(50) | 1.86 (-19.35%) |
| +/- SMA(200) | 1.05 (+42.86%) |
| 5-Day Perf. | +36.36% |
| 1-Month Perf. | -38.52% |
| 3-Month Perf. | -11.63% |
| 6-Month Perf. | +156.41% |
| YTD Perf. | -36.03% |
| 1-Year Perf. | +74900% |
| RSI(14) | 50.74 |
| ATR(14) | 0.26 |
| ADX(14) | 49.3 |
