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 3 out of 10. In the past year, BBBY was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- 100% of all other stocks performed better in the past year than BBBY.
- BBBY is one of the lesser performing stocks in the Specialty Retail industry. 93% of 123 stocks in the same industry do better.
- In the last month BBBY has a been trading in the 4.25 - 7.70 range, which is quite wide. It is currently trading near the lows of this range.
- BBBY has an average volume of 3035230 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- Volume is considerably higher in the last couple of days.
BBBY Weekly and Daily overview Charts
BBBY Setup Rating and Analysis
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
BBBY Support and Resistance Analysis
4.68
When analyzing the support we can see 2 important areas.
- Support @4.82 from a trend line in the daily time frame.
- Support @4.73 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 5.74 to 5.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @6.04 from a trend line in the daily time frame.
- Resistance @6.15 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for BBBY is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BBBY is neutral. |
| 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) | UP | POSITIVE | The current price of BBBY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BBBY is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 54.51 | NEUTRAL | The RSI value for BBBY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests BBBY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.56 | OVERSOLD | The low Stochastics value suggests BBBY may be oversold. |
| Average True Range in percent/ATR (20) | 10.21 | HIGH VOLATILITY | The high ATR as a percentage value for BBBY suggests high volalility. |
| Average Directional Index/ADX (14) | 26.51 | POSITIVE | The high ADX value value for BBBY suggests a strong trend. |
BBBY Chart- and CandleStick Pattern Analysis
BBBY Technicals: Chart, Performance Metrics, Trend & Indicators
5.44
+0.54 (+11.02%)
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 3 / 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 54.511. 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 -0.0361473, 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 4.82 and a resistance level at 5.74. Check the full technical report for our detailed analysis of BBBY support and resistance levels.