BARRETT BUSINESS SVCS INC (BBSI) Technical Analysis
NASDAQ:BBSI • US0684631080
Current stock price
BBSI Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to BBSI. BBSI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 87% of all other stocks performed better in the past year than BBSI.
- BBSI 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 BBSI is lagging the market.
- In the last month BBSI has a been trading in the 25.33 - 29.81 range, which is quite wide. It is currently trading near the high of this range.
- BBSI is an average performer in the Professional Services industry, it outperforms 54% of 87 stocks in the same industry.
BBSI Weekly and Daily overview Charts
BBSI Setup Rating and Analysis
BBSI has a bad 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 28.96. Right above this resistance zone may be a good entry point.
More info and screens
BBSI Support and Resistance Analysis
26.56
When analyzing the support we notice one important area.
- A support zone ranging from 26.83 to 26.83. This zone is formed by a combination of multiple trend lines in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 28.96 to 29.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 34.10 to 34.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @35.80 from a trend line in the daily time frame.
BBSI 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 BBSI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BBSI is down. |
| ChartMill Relative Strength | 13.53 | NEGATIVE | BBSI has a low relative strength, it was outperformed by 86.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BBSI is above 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) | 45.2 | NEUTRAL | The RSI value for BBSI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.43 | POSITIVE | The MACD value suggests BBSI has a positive trend. |
| Stochastics (14,3) | 81.48 | OVERBOUGHT | The high Stochastics value suggests BBSI may be overbought. |
| Average True Range in percent/ATR (20) | 4.65 | MEDIUM VOLATILITY | The ATR as a percentage value for BBSI suggests some volalility. |
| Average Directional Index/ADX (14) | 36.51 | POSITIVE | The high ADX value value for BBSI suggests a strong trend. |
BBSI Chart- and CandleStick Pattern Analysis
BBSI Technicals: Chart, Performance Metrics, Trend & Indicators
28.95
-0.22 (-0.75%)
BARRETT BUSINESS SVCS INC / BBSI TA FAQ
What is the technical rating for BBSI stock?
ChartMill assigns a technical rating of 0 / 10 to BBSI.
Can you provide the trend direction for BARRETT BUSINESS SVCS INC?
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 45.2036. This indicates that the stock is currently neutral.
Can you provide the short term momentum for BARRETT BUSINESS SVCS INC?
The short term momentum for BARRETT BUSINESS SVCS INC (BBSI) is negative.
What are the support and resistance levels for BARRETT BUSINESS SVCS INC (BBSI) stock?
BARRETT BUSINESS SVCS INC (BBSI) has a support level at 26.83 and a resistance level at 28.96. Check the full technical report for our detailed analysis of BBSI support and resistance levels.