BLACK BOX CORP DEL (BBOX) Technical Analysis
NASDAQ:BBOX • US0918261076
Current stock price
BBOX Technical Rating and Analysis
Taking everything into account, BBOX scores 4 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. BBOX was also a bad performer in the overall market in the last year.
- When comparing the yearly performance of all stocks, BBOX is a bad performer in the overall market: 90% of all stocks are doing better.
- BBOX 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 BBOX is lagging the market.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- In the last month BBOX has a been trading in a tight range between 1.06 and 1.10.
- Considerably lower volume is observed in the last couple of days.
BBOX Weekly and Daily overview Charts
BBOX Setup Rating and Analysis
BBOX has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 1.09. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.09, a Stop Loss order could be placed below this zone.
More info and screens
BBOX Support and Resistance Analysis
0.91
3 important support areas can be observed.
- A support zone ranging from 1.07 to 1.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.05 from a horizontal line in the daily time frame.
- A support zone ranging from 0.92 to 0.92. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.09 to 1.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
BBOX 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 | DOWN | NEGATIVE | The long term trend for BBOX is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BBOX is up. |
| ChartMill Relative Strength | 10.78 | NEGATIVE | BBOX has a low relative strength, it was outperformed by 89.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BBOX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BBOX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BBOX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.77 | NEUTRAL | The RSI value for BBOX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests BBOX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 72.22 | NEUTRAL | The Stochastics value for BBOX is a neutral value. |
| Average True Range in percent/ATR (20) | 1.22 | LOW VOLATILITY | The low ATR as a percentage value for BBOX suggests low volalility. |
BBOX Chart- and CandleStick Pattern Analysis
BBOX Technicals: Chart, Performance Metrics, Trend & Indicators
1.09
0 (-0.46%)
BLACK BOX CORP DEL / BBOX TA FAQ
What is the technical rating for BBOX stock?
ChartMill assigns a technical rating of 4 / 10 to BBOX.
What is the trend direction for BBOX stock?
The current trend direction for BLACK BOX CORP DEL (BBOX) is Bearish.
What is the RSI signal for BBOX stock?
BLACK BOX CORP DEL (BBOX) has an RSI value of 57.7656. This indicates that the stock is currently neutral.
What is the MACD signal for BLACK BOX CORP DEL (BBOX) stock?
The MACD indicator for BLACK BOX CORP DEL (BBOX) has a value of -0.00228844, indicating a bearish trend.
What is the support and resistance level for BBOX stock?
BLACK BOX CORP DEL (BBOX) has a support level at 1.09 and a resistance level at 1.09. Check the full technical report for our detailed analysis of BBOX support and resistance levels.