BBQ Holdings Inc (BBQ) Technical Analysis
NASDAQ:BBQ • US05551A1097
Current stock price
BBQ Technical Rating and Analysis
Taking everything into account, BBQ scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, BBQ has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- BBQ is part of the Hotels, Restaurants & Leisure industry. There are 126 other stocks in this industry. BBQ outperforms 99% of them.
- BBQ is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- Looking at the yearly performance, BBQ did better than 97% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- In the last month BBQ has a been trading in a tight range between 17.16 and 17.56.
- Considerably lower volume is observed in the last couple of days.
BBQ Weekly and Daily overview Charts
BBQ Setup Rating and Analysis
BBQ has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 17.23, a Stop Loss order could be placed below this zone.
More info and screens
BBQ Support and Resistance Analysis
11.04
We found 2 important support areas.
- A support zone ranging from 17.19 to 17.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @11.15 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 17.25 to 17.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
BBQ 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 | UP | POSITIVE | The long term trend for BBQ is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BBQ is up. |
| ChartMill Relative Strength | 97.91 | POSITIVE | BBQ has a high relative strength, it outperformed 97.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BBQ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BBQ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BBQ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 79.74 | OVERBOUGHT | The high RSI value suggests BBQ may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests BBQ has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.61 | OVERSOLD | The low Stochastics value suggests BBQ may be oversold. |
| Average True Range in percent/ATR (20) | 0.22 | LOW VOLATILITY | The low ATR as a percentage value for BBQ suggests low volalility. |
| Average Directional Index/ADX (14) | 70.23 | POSITIVE | The high ADX value value for BBQ suggests a strong trend. |
BBQ Chart- and CandleStick Pattern Analysis
BBQ Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 17.28 | 17.20 | 0.08 (0.46%) | 25.00% |
| An entry @17.28. This is a Buy Stop order right above the resistance zone. | An exit @17.20. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.08 points, which is 0.46%. | For a 0.12% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BBQ Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:BBQ (9/27/2022, 8:00:01 PM)
17.24
0 (0%)
BBQ Holdings Inc / BBQ TA FAQ
What is the ChartMill technical rating of BBQ Holdings Inc (BBQ) stock?
ChartMill assigns a technical rating of 8 / 10 to BBQ.
Can you provide the trend direction for BBQ Holdings Inc?
The current trend direction for BBQ Holdings Inc (BBQ) is Bullish.
Can you provide the RSI signal for BBQ Holdings Inc?
BBQ Holdings Inc (BBQ) has an RSI value of 79.7412. This indicates that the stock is currently overbought.
Can you provide the MACD signal for BBQ Holdings Inc?
The MACD indicator for BBQ Holdings Inc (BBQ) has a value of -0.143562, indicating a bearish trend.
Can you provide the support and resistance levels for BBQ Holdings Inc?
BBQ Holdings Inc (BBQ) has a support level at 17.23 and a resistance level at 17.25. Check the full technical report for our detailed analysis of BBQ support and resistance levels.