BARRETT BUSINESS SVCS INC (BBSI) Stock Technical Analysis
USA - NASDAQ:BBSI - US0684631080 - Common Stock
45.35 USD
-0.89 (-1.92%)
45.35 USD
0 (0%)
We assign a technical rating of 5 out of 10 to BBSI. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month BBSI has a been trading in the 45.05 - 49.65 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that BBSI is one of the better performing stocks in the market, outperforming 76% of all stocks.
BBSI is one of the better performing stocks in the Professional Services industry, it outperforms 78% of 81 stocks in the same industry.
BBSI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BBSI is lagging the market slightly.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
BBSI has an average technical rating and it also does not offer a high quality setup 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
39.07
49.67
4 important support areas can be observed.
- Support @45.34 from a horizontal line in the daily time frame.
- Support @44.51 from a trend line in the daily time frame.
- Support @43.36 from a trend line in the weekly time frame.
- Support @39.46 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 45.72 to 46.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 48.81 to 49.18. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for BBSI is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BBSI is down. |
| ChartMill Relative Strength | 76.39 | POSITIVE | BBSI has a high relative strength, it outperformed 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) | UP | MIXED | The current price of BBSI is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BBSI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.42 | NEUTRAL | The RSI value for BBSI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.31 | NEGATIVE | The MACD value suggests BBSI has a negative trend. |
| Stochastics (14,3) | 8.1 | OVERSOLD | The low Stochastics value suggests BBSI may be oversold. |
| Average True Range in percent/ATR (20) | 2.12 | MEDIUM VOLATILITY | The ATR as a percentage value for BBSI suggests some volalility. |
| Average Directional Index/ADX (14) | 16.75 | NEGATIVE | The low ADX value for BBSI suggests a weak or negative trend. |
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)
45.35
-0.89 (-1.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg-1.92%
1 Week-2.49%
2 Weeks-3.57%
1 Month-6.84%
3 Month8.26%
6 Month10.05%
12 Month24.08%
2 Year101.02%
3 Year132.56%
5 Year245.92%
10 Year322.55%
15 Year1094.21%
Volatility
ATR(14)0.98
ATR(20)%2.12%
ATR Inc24%
Range Today1.53
ADR(20)0.95
ADR(20)%2.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.39
Mansfield-0.34
10 Day High47.51
10 Day Low45.05
20 Day High49.65
20 Day Low45.05
52 Week High49.65
52 Week Low35.81
CS1 End45.34
CR1 Start45.72
Volume & EV
DER(3)-0.03%
DER(5)-1.43%
Volume159.05K
Volume Incr11.27%
Vol(5)180.27K
Vol(50)166.09K