BIGBEAR.AI HOLDINGS INC (BBAI) Stock Technical Analysis
NYSE:BBAI - New York Stock Exchange, Inc. - US08975B1098 - Common Stock - Currency: USD
Overall BBAI gets a technical rating of 9 out of 10. Both in the recent history as in the last year, BBAI has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, BBAI did better than 99% of all other stocks.
BBAI is one of the better performing stocks in the IT Services industry, it outperforms 98% of 82 stocks in the same industry.
BBAI has an average volume of 142654000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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 6.01 - 8.59 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, BBAI also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 6.44, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
2.95
8.05
When analyzing the support we can see 4 important areas.
- A support zone ranging from 6.34 to 6.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.08 from a trend line in the daily time frame.
- Support @4.72 from a trend line in the daily time frame.
- Support @2.98 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 7.14 to 7.15. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @7.76 from a trend line in the weekly time frame.
- A resistance zone ranging from 7.96 to 7.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for BBAI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BBAI is neutral. |
| ChartMill Relative Strength | 99.25 | POSITIVE | BBAI has a high relative strength, it outperformed 99.25% 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) | UP | POSITIVE | The current price of BBAI is above the rising 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) | 54.43 | NEUTRAL | The RSI value for BBAI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests BBAI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 43.69 | NEUTRAL | The Stochastics value for BBAI is a neutral value. |
| Average True Range in percent/ATR (20) | 8.6 | HIGH VOLATILITY | The high ATR as a percentage value for BBAI suggests high volalility. |
| Average Directional Index/ADX (14) | 20.68 | NEUTRAL | The ADX value for BBAI suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 7.16 | 6.33 | 0.83 (11.59%) | 8.63% |
| An entry @7.16. This is a Buy Stop order right above the resistance zone. | An exit @6.33. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.83 points, which is 11.59%. | When investing 8.63% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
7.09
-0.05 (-0.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-0.7%
1 Week0%
2 Weeks-0.84%
1 Month2.46%
3 Month93.19%
6 Month-21.4%
12 Month462.7%
2 Year332.32%
3 Year360.39%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.53
ATR(20)%8.6%
ATR Inc15.23%
Range Today0.65
ADR(20)0.58
ADR(20)%8.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.25
Mansfield7.38
10 Day High7.39
10 Day Low6.01
20 Day High8.59
20 Day Low6.01
52 Week High10.36
52 Week Low1.26
CS1 End6.44
CR1 Start7.14
Volume & EV
DER(3)0.01%
DER(5)-0.6%
Volume137.02M
Volume Incr-23.01%
Vol(5)84.03M
Vol(50)142.65M