Taking everything into account, BBSI scores 0 out of 10 in our technical rating. 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.
Although the technical rating is bad, BBSI does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 33.48, a Stop Loss order could be placed below this zone.
More info and screens
32.20
2 important support areas can be observed.
- A support zone ranging from 33.30 to 33.48. 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.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 35.12 to 35.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @37.42 from a trend line in the daily time frame.
- A resistance zone ranging from 40.63 to 40.74. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The short term trend for BBSI is down. |
| ChartMill Relative Strength | 14.44 | NEGATIVE | BBSI has a low relative strength, it was outperformed by 85.56% 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) | 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) | 37.08 | NEUTRAL | The RSI value for BBSI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests BBSI has a positive trend. |
| Stochastics (14,3) | 36.9 | NEUTRAL | The Stochastics value for BBSI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.24 | MEDIUM VOLATILITY | The ATR as a percentage value for BBSI suggests some volalility. |
| Average Directional Index/ADX (14) | 39.69 | POSITIVE | The high ADX value value for BBSI suggests a strong trend. |
35.09
-0.22 (-0.62%)
BARRETT BUSINESS SVCS INC / BBSI FAQ
What is the technical rating for BBSI stock?
ChartMill assigns a technical rating of 0 / 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 37.0824. 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 0.238471, 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 sell as both the short term and long term trends are negative.