BATH & BODY WORKS INC (BBWI) Stock Technical Analysis
USA - NYSE:BBWI - US0708301041 - Common Stock
26.5 USD
+0.49 (+1.88%)
26.38 USD
-0.12 (-0.45%)
We assign a technical rating of 1 out of 10 to BBWI. BBWI'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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, BBWI is a bad performer in the overall market: 86% of all stocks are doing better.
BBWI is part of the Specialty Retail industry. There are 120 other stocks in this industry, of which 66% are performing better than BBWI.
BBWI is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
BBWI has an average volume of 6573840 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month BBWI has a been trading in the 24.86 - 26.95 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BBWI has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 26.51. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 25.99, a Stop Loss order could be placed below this zone.
More info and screens
24.77
34.37
When analyzing the support we can see 2 important areas.
- A support zone ranging from 25.51 to 25.99. 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 25.02 to 25.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 26.51 to 26.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @28.19 from a trend line in the weekly time frame.
- Resistance @29.69 from a trend line in the daily time frame.
- Resistance @30.63 from a trend line in the daily time frame.
- Resistance @34.03 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 BBWI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BBWI is down. |
| ChartMill Relative Strength | 14.97 | NEGATIVE | BBWI has a low relative strength, it was outperformed by 85.03% 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 | NEGATIVE | The current price of BBWI is below 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) | 49.99 | NEUTRAL | The RSI value for BBWI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests BBWI has a positive trend. |
| Stochastics (14,3) | 59.59 | NEUTRAL | The Stochastics value for BBWI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.69 | MEDIUM VOLATILITY | The ATR as a percentage value for BBWI suggests some volalility. |
| Average Directional Index/ADX (14) | 24.37 | NEUTRAL | The ADX value for BBWI suggests a possible start of a new 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)
26.5
+0.49 (+1.88%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg1.88%
1 Week5.92%
2 Weeks2.4%
1 Month5.62%
3 Month-16.61%
6 Month-6.76%
12 Month-17.03%
2 Year-10.62%
3 Year-20.61%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.94
ATR(20)%3.69%
ATR Inc-31.68%
Range Today0.89
ADR(20)0.94
ADR(20)%3.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.97
Mansfield-2.39
10 Day High26.95
10 Day Low24.86
20 Day High26.95
20 Day Low24.86
52 Week High41.87
52 Week Low24.86
CS1 End25.99
CR1 Start26.51
Volume & EV
DER(3)0.42%
DER(5)-0.43%
Volume5.93M
Volume Incr-15.86%
Vol(5)6.14M
Vol(50)6.57M