BED BATH & BEYOND INC (BBBY) Technical Analysis
NYSE:BBBY • US6903701018
We assign a technical rating of 0 out of 10 to BBBY. BBBY scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 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. 92% of 124 stocks in the same industry do better.
- In the last month BBBY has a been trading in the 4.72 - 5.97 range, which is quite wide. It is currently trading near the lows of this range.
- BBBY has an average volume of 1917590 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although the technical rating is bad, BBBY does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
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4.86
When analyzing the resistance we notice 3 important areas.
- Resistance @5.05 from a trend line in the daily time frame.
- A resistance zone ranging from 5.18 to 5.22. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 5.34 to 5.39. 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 | 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 | 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) | 38.9 | NEUTRAL | The RSI value for BBBY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests BBBY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 20.44 | NEUTRAL | The Stochastics value for BBBY is a neutral value. |
| Average True Range in percent/ATR (20) | 7.81 | HIGH VOLATILITY | The high ATR as a percentage value for BBBY suggests high volalility. |
| Average Directional Index/ADX (14) | 14.76 | NEGATIVE | The low ADX value for BBBY suggests a weak or negative trend. |
BBBY Technicals: Chart, Performance Metrics, Trend & Indicators
4.91
-0.18 (-3.54%)
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 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 BBBY stock?
BED BATH & BEYOND INC (BBBY) has an RSI value of 38.8967. This indicates that the stock is currently neutral.
Can you provide the MACD signal for BED BATH & BEYOND INC?
The MACD indicator for BED BATH & BEYOND INC (BBBY) has a value of 0.00847245, indicating a bearish trend.
What is the buy/sell signal for BBBY stock?
The buy/sell signal for BED BATH & BEYOND INC (BBBY) is sell as both the short term and long term trends are negative.