Overall BBGI gets a technical rating of 1 out of 10. BBGI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
BBGI has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 5.03, a Stop Loss order could be placed below this zone.
More info and screens
3.81
3 important support areas can be observed.
- A support zone ranging from 4.99 to 5.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.85 from a horizontal line in the daily time frame.
- Support @3.85 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 5.13 to 5.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @7.01 from a trend line in the weekly time frame.
- Resistance @7.23 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for BBGI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BBGI is neutral. |
| ChartMill Relative Strength | 9.29 | NEGATIVE | BBGI has a low relative strength, it was outperformed by 90.71% 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) | 48.7 | NEUTRAL | The RSI value for BBGI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests BBGI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 27.86 | NEUTRAL | The Stochastics value for BBGI is a neutral value. |
| Average True Range in percent/ATR (20) | 23.35 | HIGH VOLATILITY | The high ATR as a percentage value for BBGI suggests high volalility. |
| Average Directional Index/ADX (14) | 52.78 | POSITIVE | The high ADX value value for BBGI suggests a strong trend. |
5.04
+0.09 (+1.82%)
BEASLEY BROADCAST GRP INC -A / BBGI FAQ
What is the technical rating for BBGI stock?
ChartMill assigns a technical rating of 1 / 10 to BBGI.
What is the current trend direction of BEASLEY BROADCAST GRP INC -A (BBGI) stock?
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 48.6959. This indicates that the stock is currently neutral.
What is the MACD signal for BBGI stock?
The MACD indicator for BEASLEY BROADCAST GRP INC -A (BBGI) has a value of -0.0637632, indicating a bearish trend.
What is the short term momentum for BBGI stock?
The short term momentum for BEASLEY BROADCAST GRP INC -A (BBGI) is neutral.