Overall BBBI gets a technical rating of 4 out of 10. In the last year, BBBI was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
Although the technical rating is only medium, BBBI does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 52.37. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 52.29, a Stop Loss order could be placed below this zone.
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48.34
When analyzing the support we can see 3 important areas.
- A support zone ranging from 52.13 to 52.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 50.34 to 50.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 48.83 to 49.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 52.37 to 52.72. 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 BBBI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BBBI is neutral. |
| ChartMill Relative Strength | 50.57 | NEUTRAL | BBBI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BBBI is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BBBI is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BBBI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.56 | NEUTRAL | The RSI value for BBBI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests BBBI has a positive trend. |
| Stochastics (14,3) | 62.8 | NEUTRAL | The Stochastics value for BBBI is a neutral value. |
| Average True Range in percent/ATR (20) | 0.34 | LOW VOLATILITY | The low ATR as a percentage value for BBBI suggests low volalility. |
| Average Directional Index/ADX (14) | 14.25 | NEGATIVE | The low ADX value for BBBI suggests a weak or negative trend. |
52.33
-0.01 (-0.02%)
BBLX BBB 5-10Y CORPBOND ETF / BBBI FAQ
Can you provide the ChartMill technical rating for BBLX BBB 5-10Y CORPBOND ETF?
ChartMill assigns a technical rating of 4 / 10 to BBBI.
Can you provide the trend direction for BBLX BBB 5-10Y CORPBOND ETF?
The current trend direction for BBLX BBB 5-10Y CORPBOND ETF (BBBI) is Bullish.
What is the RSI signal for BBBI stock?
BBLX BBB 5-10Y CORPBOND ETF (BBBI) has an RSI value of 57.5552. This indicates that the stock is currently neutral.
What is the MACD signal for BBBI stock?
The MACD indicator for BBLX BBB 5-10Y CORPBOND ETF (BBBI) has a value of 0.0243307, indicating a bearish trend.
What are the support and resistance levels for BBLX BBB 5-10Y CORPBOND ETF (BBBI) stock?
BBLX BBB 5-10Y CORPBOND ETF (BBBI) has a support level at 52.29 and a resistance level at 52.37. Check the full technical report for our detailed analysis of BBBI support and resistance levels.