BED BATH & BEYOND INC (BBBY) Technical Analysis
NYSE:BBBY • US6903701018
Current stock price
BBBY Technical Rating and Analysis
Overall BBBY gets a technical rating of 0 out of 10. BBBY's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, BBBY is a bad performer in the overall market: 100% of all stocks are doing better.
- BBBY is one of the lesser performing stocks in the Specialty Retail industry. 91% of 124 stocks in the same industry do better.
- BBBY has an average volume of 1763160 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month BBBY has a been trading in the 4.25 - 5.14 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BBBY Weekly and Daily overview Charts
BBBY Setup Rating and Analysis
BBBY has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. We notice that large players showed an interest for BBBY in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
BBBY Support and Resistance Analysis
4.30
We found 1 important support area.
- A support zone ranging from 4.34 to 4.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 4.79 to 4.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @6.36 from a trend line in the daily time frame.
BBBY Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for BBBY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BBBY is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | BBBY has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BBBY is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BBBY is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 48.95 | NEUTRAL | The RSI value for BBBY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests BBBY has a positive trend. |
| Stochastics (14,3) | 45.04 | NEUTRAL | The Stochastics value for BBBY is a neutral value. |
| Average True Range in percent/ATR (20) | 6.35 | HIGH VOLATILITY | The high ATR as a percentage value for BBBY suggests high volalility. |
| Average Directional Index/ADX (14) | 15.76 | NEGATIVE | The low ADX value for BBBY suggests a weak or negative trend. |
BBBY Chart- and CandleStick Pattern Analysis
BBBY Technicals: Chart, Performance Metrics, Trend & Indicators
4.78
-0.04 (-0.83%)
BED BATH & BEYOND INC / BBBY TA FAQ
What is the ChartMill technical rating of BED BATH & BEYOND INC (BBBY) stock?
ChartMill assigns a technical rating of 0 / 10 to BBBY.
What is the current trend direction of BED BATH & BEYOND INC (BBBY) stock?
The current trend direction for BED BATH & BEYOND INC (BBBY) is Bearish.
What is the RSI signal for BED BATH & BEYOND INC (BBBY) stock?
BED BATH & BEYOND INC (BBBY) has an RSI value of 48.9478. This indicates that the stock is currently neutral.
What is the MACD signal for BBBY stock?
The MACD indicator for BED BATH & BEYOND INC (BBBY) has a value of 0.0455123, indicating a bearish trend.
Can you provide the support and resistance levels for BED BATH & BEYOND INC?
BED BATH & BEYOND INC (BBBY) has a support level at 4.36 and a resistance level at 4.79. Check the full technical report for our detailed analysis of BBBY support and resistance levels.