BEASLEY BROADCAST GRP INC -A (BBGI) Technical Analysis
NASDAQ:BBGI • US0740142007
Current stock price
5.67 USD
+2.53 (+80.57%)
At close:
5.48 USD
-0.19 (-3.35%)
After Hours:
BBGI Technical Rating and Analysis
Overall BBGI gets a technical rating of 5 out of 10. In the last year, BBGI was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- BBGI is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BBGI is lagging the market.
- BBGI is one of the better performing stocks in the Media industry, it outperforms 82% of 91 stocks in the same industry.
- In the last month BBGI has a been trading in the 3.14 - 6.55 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- BBGI has an average volume of 1107800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- When comparing the performance of all stocks over the past year, BBGI turns out to be only a medium performer in the overall market: it outperformed 67% of all stocks.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
BBGI Weekly and Daily overview Charts
BBGI Setup Rating and Analysis
BBGI has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
BBGI Support and Resistance Analysis
5.61
6.71
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 5.68 to 5.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @6.64 from a trend line in the weekly time frame.
BBGI Technical Indicator Signal Analysis
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 | 67.63 | NEUTRAL | BBGI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BBGI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BBGI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BBGI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 74.61 | OVERBOUGHT | The high RSI value suggests BBGI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests BBGI has a positive trend. |
| Stochastics (14,3) | 25.12 | NEUTRAL | The Stochastics value for BBGI is a neutral value. |
| Average True Range in percent/ATR (20) | 8.03 | HIGH VOLATILITY | The high ATR as a percentage value for BBGI suggests high volalility. |
| Average Directional Index/ADX (14) | 16.08 | NEGATIVE | The low ADX value for BBGI suggests a weak or negative trend. |
BBGI Chart- and CandleStick Pattern Analysis
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)
BBGI Technicals: Chart, Performance Metrics, Trend & Indicators
5.67
+2.53 (+80.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg80.57%
1 Week69.76%
2 Weeks63.87%
1 Month42.11%
3 Month12.5%
6 Month-8.55%
12 Month18.13%
2 Year-58.31%
3 Year-70.77%
5 Year-89.91%
10 Year-92.62%
15 Year-95.79%
Volatility
ATR(14)0.56
ATR(20)%8.03%
ATR Inc390.53%
Range Today1.89
ADR(20)0.37
ADR(20)%6.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.63
3 months CRS87
6 months CRS28.54
Mansfield1.19
10 Day High6.55
10 Day Low3.14
20 Day High6.55
20 Day Low3.14
52 Week High26.37
52 Week Low3.14
CS1 EndN/A
CR1 Start5.68
Volume & EV
DER(3)-0.63%
DER(5)-2.5%
Volume52.49M
Volume Incr54612.84%
Vol(5)10.51M
Vol(50)1.11M
BEASLEY BROADCAST GRP INC -A / BBGI TA FAQ
What is the technical rating for BBGI stock?
ChartMill assigns a technical rating of 5 / 10 to BBGI.
What is the trend direction for BBGI stock?
The current trend direction for BEASLEY BROADCAST GRP INC -A (BBGI) is Bearish.
What is the RSI signal for BBGI stock?
BEASLEY BROADCAST GRP INC -A (BBGI) has an RSI value of 74.6119. This indicates that the stock is currently overbought.
Can you provide the MACD signal for BEASLEY BROADCAST GRP INC -A?
The MACD indicator for BEASLEY BROADCAST GRP INC -A (BBGI) has a value of 0.15296, indicating a bearish trend.