BLACK BOX CORP DEL (BBOX) Stock Technical Analysis
NASDAQ:BBOX - Nasdaq - 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.
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, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
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.
Although the technical rating is only medium, BBOX does present a nice setup opportunity. 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
1.11
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.
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. |
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)
1.09
0 (-0.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.46%
1 Week0.93%
2 Weeks0.93%
1 Month0.93%
3 Month5.83%
6 Month-46.31%
12 Month-70.14%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%1.22%
ATR Inc60%
Range Today0.02
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.78
Mansfield-3.41
10 Day High1.1
10 Day Low1.08
20 Day High1.1
20 Day Low1.06
52 Week High4.05
52 Week Low0.75
CS1 End1.09
CR1 Start1.09
Volume & EV
DER(3)-0.02%
DER(5)1.67%
Volume74.50K
Volume Incr-35.94%
Vol(5)202.30K
Vol(50)331.86K