BIGBEAR.AI HOLDINGS INC (BBAI) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BBAI - US08975B1098 - Common Stock
Taking everything into account, BBAI scores 3 out of 10 in our technical rating. BBAI has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- BBAI is part of the IT Services industry. There are 88 other stocks in this industry. BBAI outperforms 81% of them.
- BBAI has an average volume of 94470200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- When comparing the yearly performance of all stocks, we notice that BBAI is one of the better performing stocks in the market, outperforming 78% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- BBAI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BBAI is lagging the market.
- In the last month BBAI has a been trading in the 5.30 - 6.62 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BBAI has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
3.96
4 important support areas can be observed.
- Support @5.74 from a trend line in the weekly time frame.
- Support @5.61 from a trend line in the daily time frame.
- A support zone ranging from 5.39 to 5.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.00 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 6.02 to 6.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 6.39 to 6.44. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 6.78 to 6.83. This zone is formed by a combination of multiple trend lines in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for BBAI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BBAI is neutral. |
| ChartMill Relative Strength | 78.72 | POSITIVE | BBAI has a high relative strength, it outperformed 78.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BBAI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BBAI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BBAI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.34 | NEUTRAL | The RSI value for BBAI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests BBAI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 58.84 | NEUTRAL | The Stochastics value for BBAI is a neutral value. |
| Average True Range in percent/ATR (20) | 6.54 | HIGH VOLATILITY | The high ATR as a percentage value for BBAI suggests high volalility. |
| Average Directional Index/ADX (14) | 12.62 | NEGATIVE | The low ADX value for BBAI suggests a weak or negative trend. |
5.94
-0.18 (-2.94%)
BIGBEAR.AI HOLDINGS INC / BBAI FAQ
Can you provide the ChartMill technical rating for BIGBEAR.AI HOLDINGS INC?
ChartMill assigns a technical rating of 3 / 10 to BBAI.
What is the current trend direction of BIGBEAR.AI HOLDINGS INC (BBAI) stock?
The current trend direction for BIGBEAR.AI HOLDINGS INC (BBAI) is Bearish.
What is the RSI signal for BBAI stock?
BIGBEAR.AI HOLDINGS INC (BBAI) has an RSI value of 47.3372. This indicates that the stock is currently neutral.
What is the MACD signal for BBAI stock?
The MACD indicator for BIGBEAR.AI HOLDINGS INC (BBAI) has a value of 0.0206335, indicating a bearish trend.
What is the support and resistance level for BBAI stock?
BIGBEAR.AI HOLDINGS INC (BBAI) has a support level at 5.74 and a resistance level at 6.02. Check the full technical report for our detailed analysis of BBAI support and resistance levels.