BEASLEY BROADCAST GRP INC -A (BBGI)

US0740141017 - Common Stock

0.7347  +0.01 (+2.04%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to BBGI. 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.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, BBGI is a bad performer in the overall market: 87% of all stocks are doing better.
BBGI is part of the Media industry. There are 96 other stocks in this industry, of which 66% are performing better than BBGI.
BBGI is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Warning: BBGI has an average volume of 20672 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month BBGI has a been trading in the 0.67 - 0.80 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
BBGI Weekly chart
BBGI Daily chart
Setup Rating and Analysis

7

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 resistance zone just above the current price starting at 0.75. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.72, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

0.67

0.94

We found 2 important support areas.

  • A support zone ranging from 0.71 to 0.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 0.68 to 0.68. This zone is formed by a combination of multiple trend lines in the daily time frame.

When analyzing the resistance we notice 5 important areas.

  • A resistance zone ranging from 0.75 to 0.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 0.81 to 0.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @0.86 from a trend line in the daily time frame.
  • Resistance @0.90 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 0.92 to 0.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.94
Mansfield-2.69
10 Day High0.77
10 Day Low0.67
20 Day High0.8
20 Day Low0.67
52 Week High1.28
52 Week Low0.6
Performance
1 Week5.34%
2 Weeks5.79%
1 Month-3.03%
3 Month-13.25%
6 Month-8.86%
12 Month-28%
2 Year-51.41%
3 Year-73.91%
5 Year-77.29%
10 Year-89.7%
15 Year-72.31%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)46.96
LBB0.67
UBB0.75
BBGI Daily chart

BEASLEY BROADCAST GRP INC -A

NASDAQ:BBGI (5/7/2024, 11:54:58 AM)

0.7347

+0.01 (+2.04%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg2.04%
1 Week5.34%
2 Weeks5.79%
1 Month-3.03%
3 Month-13.25%
6 Month-8.86%
12 Month-28%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.05
ATR(20)%6.5%
ATR Inc
Range Today0.02
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High0.77
10 Day Low0.67
20 Day High0.8
20 Day Low0.67
52 Week High1.28
52 Week Low0.6
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume11.10K
Volume Incr-81.71%
Vol(5)6.22K
Vol(50)20.67K