NYSE:BBG - New York Stock Exchange, Inc. - US06846N1046
Overall BBG gets a technical rating of 2 out of 10. BBG has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
BBG has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 4.84. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for BBG in the last couple of days, which is a good sign.
4.32
When analyzing the support we can see 3 important areas.
When analyzing the resistance we notice 4 important areas.
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 BBG is neutral. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BBG is neutral. |
ChartMill Relative Strength | 67.62 | NEUTRAL | BBG is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BBG is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BBG is below a declining SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BBG is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 49.01 | NEUTRAL | The RSI value for BBG is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests BBG has a positive trend. |
Stochastics (14,3) | 42.04 | NEUTRAL | The Stochastics value for BBG is a neutral value. |
Average True Range in percent/ATR (20) | 5.6 | HIGH VOLATILITY | The high ATR as a percentage value for BBG suggests high volalility. |
4.84
+0.02 (+0.41%)