Taking everything into account, BBGI scores 0 out of 10 in our technical rating. BBGI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of BBGI 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
3.88
When analyzing the resistance we notice 5 important areas.
- Resistance @4.38 from a trend line in the daily time frame.
- A resistance zone ranging from 5.33 to 5.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.52 from a trend line in the weekly time frame.
- Resistance @6.48 from a trend line in the daily time frame.
- Resistance @6.80 from a horizontal line in the daily time frame.
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 BBGI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BBGI is down. |
| ChartMill Relative Strength | 10.48 | NEGATIVE | BBGI has a low relative strength, it was outperformed by 89.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BBGI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BBGI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BBGI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.52 | NEUTRAL | The RSI value for BBGI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests BBGI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 5.49 | OVERSOLD | The low Stochastics value suggests BBGI may be oversold. |
| Average True Range in percent/ATR (20) | 9.81 | HIGH VOLATILITY | The high ATR as a percentage value for BBGI suggests high volalility. |
| Average Directional Index/ADX (14) | 16.88 | NEGATIVE | The low ADX value for BBGI suggests a weak or negative trend. |
3.92
+0.14 (+3.7%)
BEASLEY BROADCAST GRP INC -A / BBGI FAQ
What is the technical rating for BBGI stock?
ChartMill assigns a technical rating of 0 / 10 to BBGI.
Can you provide the trend direction for BEASLEY BROADCAST GRP INC -A?
The current trend direction for BEASLEY BROADCAST GRP INC -A (BBGI) is Bearish.
Can you provide the RSI signal for BEASLEY BROADCAST GRP INC -A?
BEASLEY BROADCAST GRP INC -A (BBGI) has an RSI value of 35.5233. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for BEASLEY BROADCAST GRP INC -A?
The buy/sell signal for BEASLEY BROADCAST GRP INC -A (BBGI) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for BEASLEY BROADCAST GRP INC -A?
BEASLEY BROADCAST GRP INC -A (BBGI) has a resistance level at 4.38. Check the full technical report for our detailed analysis of BBGI support and resistance levels.