BLACK BOX CORP DEL (BBOX) Stock Technical Analysis
USA - NASDAQ:BBOX - US0918261076
Overall BBOX gets a technical rating of 4 out of 10. In the past year, BBOX was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
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
0.91
We found 3 important support areas.
- 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.
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. |
1.09
0 (-0.46%)
BLACK BOX CORP DEL / BBOX FAQ
What is the technical rating for BBOX stock?
ChartMill assigns a technical rating of 4 / 10 to BBOX.
Can you provide the trend direction for BLACK BOX CORP DEL?
The current trend direction for BLACK BOX CORP DEL (BBOX) is Bearish.
Can you provide the RSI signal for BLACK BOX CORP DEL?
BLACK BOX CORP DEL (BBOX) has an RSI value of 57.7656. This indicates that the stock is currently neutral.
What is the short term momentum for BBOX stock?
The short term momentum for BLACK BOX CORP DEL (BBOX) is positive.
What are the support and resistance levels for BLACK BOX CORP DEL (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.