We assign a technical rating of 2 out of 10 to BBSI. Recently some decent action could be observed, but in the medium term time frame this is still negative. BBSI was also a bad performer in the overall market in the last year.
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
32.20
We found 3 important support areas.
- Support @34.22 from a horizontal line in the daily time frame.
- A support zone ranging from 33.30 to 33.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @32.53 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 37.01 to 37.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @40.74 from a horizontal line in the daily time frame.
- Resistance @41.81 from a horizontal line 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 | UP | POSITIVE | The short term trend for BBSI is up. |
| ChartMill Relative Strength | 17.41 | NEGATIVE | BBSI has a low relative strength, it was outperformed by 82.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BBSI is above the rising 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) | 55.3 | NEUTRAL | The RSI value for BBSI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.47 | POSITIVE | The MACD value suggests BBSI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.91 | OVERBOUGHT | The high Stochastics value suggests BBSI may be overbought. |
| Average True Range in percent/ATR (20) | 2.54 | MEDIUM VOLATILITY | The ATR as a percentage value for BBSI suggests some volalility. |
| Average Directional Index/ADX (14) | 23.16 | NEUTRAL | The ADX value for BBSI suggests a possible start of a new trend. |
37
+0.11 (+0.3%)
BARRETT BUSINESS SVCS INC / BBSI FAQ
What is the technical rating for BBSI stock?
ChartMill assigns a technical rating of 2 / 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 55.3001. This indicates that the stock is currently neutral.
Can you provide the MACD signal for BARRETT BUSINESS SVCS INC?
The MACD indicator for BARRETT BUSINESS SVCS INC (BBSI) has a value of 0.467881, 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 hold as the short term and long term trends are mixed.