BARRETT BUSINESS SVCS INC (BBSI) Stock Technical Analysis
USA - NASDAQ:BBSI - US0684631080 - Common Stock
Taking everything into account, BBSI scores 0 out of 10 in our technical rating. BBSI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
BBSI has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
39.83
When analyzing the support we notice one important area.
- A support zone ranging from 40.23 to 40.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 40.41 to 41.01. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 41.81 to 42.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 44.62 to 44.90. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
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 BBSI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BBSI is down. |
| ChartMill Relative Strength | 23.61 | NEGATIVE | BBSI has a low relative strength, it was outperformed by 76.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BBSI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BBSI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BBSI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 26.97 | OVERSOLD | The low RSI value suggests BBSI may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests BBSI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.75 | OVERSOLD | The low Stochastics value suggests BBSI may be oversold. |
| Average True Range in percent/ATR (20) | 2.36 | MEDIUM VOLATILITY | The ATR as a percentage value for BBSI suggests some volalility. |
| Average Directional Index/ADX (14) | 33.06 | POSITIVE | The high ADX value value for BBSI suggests a strong trend. |
40.24
-0.38 (-0.94%)
BARRETT BUSINESS SVCS INC / BBSI FAQ
What is the technical rating for BBSI stock?
ChartMill assigns a technical rating of 0 / 10 to BBSI.
What is the trend direction for BBSI stock?
The current trend direction for BARRETT BUSINESS SVCS INC (BBSI) is Bearish.
What is the RSI signal for BARRETT BUSINESS SVCS INC (BBSI) stock?
BARRETT BUSINESS SVCS INC (BBSI) has an RSI value of 26.9719. This indicates that the stock is currently oversold.
Can you provide the MACD signal for BARRETT BUSINESS SVCS INC?
The MACD indicator for BARRETT BUSINESS SVCS INC (BBSI) has a value of -0.0381338, indicating a bearish trend.
What is the buy/sell signal for BARRETT BUSINESS SVCS INC (BBSI) stock?
The buy/sell signal for BARRETT BUSINESS SVCS INC (BBSI) is sell as both the short term and long term trends are negative.