BARRETT BUSINESS SVCS INC (BBSI) Stock Technical Analysis
NASDAQ:BBSI - Nasdaq - US0684631080 - Common Stock - Currency: USD
Taking everything into account, BBSI scores 5 out of 10 in our technical rating. BBSI was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, BBSI did better than 76% of all other stocks.
BBSI is part of the Professional Services industry. There are 82 other stocks in this industry. BBSI outperforms 72% of them.
BBSI is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so BBSI is performing more or less in line with the market.
In the last month BBSI has a been trading in a tight range between 40.50 and 42.56.
BBSI has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.
More info and screens
37.66
44.82
When analyzing the support we can see 3 important areas.
- Support @40.42 from a horizontal line in the daily time frame.
- A support zone ranging from 39.00 to 39.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @38.04 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 41.19 to 42.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 43.69 to 44.38. 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 | NEUTRAL | NEUTRAL | The short term trend for BBSI is neutral. |
| ChartMill Relative Strength | 76.33 | POSITIVE | BBSI has a high relative strength, it outperformed 76.33% 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) | 43.59 | NEUTRAL | The RSI value for BBSI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests BBSI has a negative trend. |
| Stochastics (14,3) | 14.29 | OVERSOLD | The low Stochastics value suggests BBSI may be oversold. |
| Average True Range in percent/ATR (20) | 1.76 | LOW VOLATILITY | The low ATR as a percentage value for BBSI suggests low volalility. |
| Average Directional Index/ADX (14) | 9.97 | 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)
40.86
-0.55 (-1.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg-1.33%
1 Week-2.62%
2 Weeks-2.64%
1 Month-1.78%
3 Month0.1%
6 Month-5.07%
12 Month20.83%
2 Year87.43%
3 Year124.29%
5 Year207.62%
10 Year350%
15 Year1218.06%
Volatility
ATR(14)0.68
ATR(20)%1.76%
ATR Inc17.89%
Range Today0.86
ADR(20)0.72
ADR(20)%1.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.33
Mansfield0.01
10 Day High42.56
10 Day Low40.81
20 Day High42.56
20 Day Low40.5
52 Week High44.97
52 Week Low31.77
CS1 End40.42
CR1 Start41.19
Volume & EV
DER(3)-2.8%
DER(5)-1.25%
Volume220.50K
Volume Incr30.29%
Vol(5)164.80K
Vol(50)154.08K