BATH & BODY WORKS INC (BBWI) Stock Technical Analysis
NYSE:BBWI • US0708301041
We assign a technical rating of 5 out of 10 to BBWI. In the past year, BBWI was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- 80% of all other stocks performed better in the past year than BBWI.
- BBWI is part of the Specialty Retail industry. There are 121 other stocks in this industry, of which 64% are performing better than BBWI.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month BBWI has a been trading in the 20.52 - 24.17 range, which is quite wide. It is currently trading near the high of this range.
- BBWI has an average volume of 5472460 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- 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.
BBWI has an average technical rating and also the quality of the setup is 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
20.52
When analyzing the support we can see 4 important areas.
- Support @23.96 from a trend line in the weekly time frame.
- A support zone ranging from 22.17 to 22.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 21.23 to 21.41. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @20.73 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 | NEUTRAL | NEUTRAL | The long term trend for BBWI is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BBWI is up. |
| ChartMill Relative Strength | 20.75 | NEGATIVE | BBWI has a low relative strength, it was outperformed by 79.25% 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) | UP | POSITIVE | The current price of BBWI is above the rising 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) | 63.79 | NEUTRAL | The RSI value for BBWI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests BBWI has a positive trend. |
| Stochastics (14,3) | 80.06 | OVERBOUGHT | The high Stochastics value suggests BBWI may be overbought. |
| Average True Range in percent/ATR (20) | 4.09 | MEDIUM VOLATILITY | The ATR as a percentage value for BBWI suggests some volalility. |
| Average Directional Index/ADX (14) | 18.51 | NEGATIVE | The low ADX value for BBWI suggests a weak or negative trend. |
24.07
+1.21 (+5.29%)
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 5 / 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 63.7874. This indicates that the stock is currently neutral.
What are the support and resistance levels for BATH & BODY WORKS INC (BBWI) stock?
BATH & BODY WORKS INC (BBWI) has a support level at 23.96. Check the full technical report for our detailed analysis of BBWI support and resistance levels.