BED BATH & BEYOND INC (BBBY) Stock Technical Analysis
USA - NYSE:BBBY - US6903701018 - Common Stock
Taking everything into account, BBBY scores 1 out of 10 in our technical rating. BBBY performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
The technical rating of BBBY is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
6.31
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 BBBY is up. |
| 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 | NEGATIVE | The current price of BBBY is below 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) | 28.96 | OVERSOLD | The low RSI value suggests BBBY may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests BBBY has a negative trend. |
| Stochastics (14,3) | 10.72 | OVERSOLD | The low Stochastics value suggests BBBY may be oversold. |
| Average True Range in percent/ATR (20) | 7.85 | HIGH VOLATILITY | The high ATR as a percentage value for BBBY suggests high volalility. |
| Average Directional Index/ADX (14) | 24.97 | NEUTRAL | The ADX value for BBBY suggests a possible start of a new trend. |
6.37
-0.39 (-5.77%)
BED BATH & BEYOND INC / BBBY FAQ
What is the ChartMill technical rating of BED BATH & BEYOND INC (BBBY) stock?
ChartMill assigns a technical rating of 1 / 10 to BBBY.
What is the trend direction for BBBY stock?
The current trend direction for BED BATH & BEYOND INC (BBBY) is Bullish.
What is the RSI signal for BBBY stock?
BED BATH & BEYOND INC (BBBY) has an RSI value of 28.9641. This indicates that the stock is currently oversold.
What is the MACD signal for BBBY stock?
The MACD indicator for BED BATH & BEYOND INC (BBBY) has a value of -0.14696, indicating a bearish trend.