BATH & BODY WORKS INC (BBWI) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BBWI - US0708301041 - Common Stock
Taking everything into account, BBWI scores 3 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. BBWI was also a bad performer in the overall market in the last year.
- When comparing the yearly performance of all stocks, BBWI is a bad performer in the overall market: 88% of all stocks are doing better.
- BBWI is one of the lesser performing stocks in the Specialty Retail industry. 80% of 121 stocks in the same industry do better.
- In the last month BBWI has a been trading in the 19.15 - 23.73 range, which is quite wide. It is currently trading near the high of this range.
- BBWI has an average volume of 8190310 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- BBWI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BBWI is lagging the market.
- Considerably lower volume is observed in the last couple of days.
BBWI has a poor technical rating and the quality of the setup is also not perfect 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
22.32
We found 1 important support area.
- A support zone ranging from 22.55 to 22.57. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 23.29 to 23.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @23.90 from a trend line in the weekly time frame.
- Resistance @25.11 from a trend line in the weekly 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 BBWI is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BBWI is up. |
| ChartMill Relative Strength | 12.26 | NEGATIVE | BBWI has a low relative strength, it was outperformed by 87.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BBWI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BBWI is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BBWI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 65.82 | NEUTRAL | The RSI value for BBWI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.28 | POSITIVE | The MACD value suggests BBWI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88.5 | OVERBOUGHT | The high Stochastics value suggests BBWI may be overbought. |
| Average True Range in percent/ATR (20) | 3.48 | MEDIUM VOLATILITY | The ATR as a percentage value for BBWI suggests some volalility. |
| Average Directional Index/ADX (14) | 31.36 | POSITIVE | The high ADX value value for BBWI suggests a strong trend. |
23.27
-0.13 (-0.56%)
BATH & BODY WORKS INC / BBWI FAQ
What is the ChartMill technical rating of BATH & BODY WORKS INC (BBWI) stock?
ChartMill assigns a technical rating of 3 / 10 to BBWI.
What is the trend direction for BBWI stock?
The current trend direction for BATH & BODY WORKS INC (BBWI) is Bearish.
What is the RSI signal for BATH & BODY WORKS INC (BBWI) stock?
BATH & BODY WORKS INC (BBWI) has an RSI value of 65.8206. This indicates that the stock is currently neutral.
What is the buy/sell signal for BATH & BODY WORKS INC (BBWI) stock?
The buy/sell signal for BATH & BODY WORKS INC (BBWI) is hold as the short term and long term trends are mixed.
What is the support and resistance level for BBWI stock?
BATH & BODY WORKS INC (BBWI) has a support level at 22.57 and a resistance level at 23.29. Check the full technical report for our detailed analysis of BBWI support and resistance levels.