BARRETT BUSINESS SVCS INC (BBSI) Stock Technical Analysis
NASDAQ:BBSI - Nasdaq - US0684631080 - Common Stock - Currency: USD
Overall BBSI gets a technical rating of 10 out of 10. Both in the recent history as in the last year, BBSI has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, BBSI did better than 83% of all other stocks. On top of that, BBSI also shows a nice and consistent pattern of rising prices.
BBSI is one of the better performing stocks in the Professional Services industry, it outperforms 92% of 82 stocks in the same industry.
BBSI 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.
In the last month BBSI has a been trading in the 42.51 - 48.48 range, which is quite wide. It is currently trading near the high of this range.
Although BBSI has an excellent technical rating, the quality of the presented setup is not ideal 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
40.02
47.62
When analyzing the support we can see 3 important areas.
- A support zone ranging from 44.59 to 45.63. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 42.39 to 43.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 40.42 to 41.43. 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 | UP | POSITIVE | The short term trend for BBSI is up. |
| ChartMill Relative Strength | 83.7 | POSITIVE | BBSI has a high relative strength, it outperformed 83.7% 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) | UP | POSITIVE | The current price of BBSI is above 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) | 66.92 | NEUTRAL | The RSI value for BBSI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests BBSI has a positive trend. |
| Stochastics (14,3) | 56.79 | NEUTRAL | The Stochastics value for BBSI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.66 | MEDIUM VOLATILITY | The ATR as a percentage value for BBSI suggests some volalility. |
| Average Directional Index/ADX (14) | 30.4 | POSITIVE | The high ADX value value for BBSI suggests a strong 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)
47.15
+0.28 (+0.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg0.6%
1 Week7.06%
2 Weeks3.17%
1 Month9.52%
3 Month16.56%
6 Month11.26%
12 Month34.91%
2 Year97.12%
3 Year133.88%
5 Year227.6%
10 Year429.03%
15 Year1325.55%
Volatility
ATR(14)1.42
ATR(20)%2.66%
ATR Inc119.66%
Range Today1.05
ADR(20)1.24
ADR(20)%2.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.7
Mansfield0.62
10 Day High48.48
10 Day Low43.56
20 Day High48.48
20 Day Low42.51
52 Week High48.48
52 Week Low34.14
CS1 End45.63
CR1 StartN/A
Volume & EV
DER(3)1.77%
DER(5)0.02%
Volume187.80K
Volume Incr11.2%
Vol(5)186.02K
Vol(50)160.64K