BRIGHT HORIZONS FAMILY SOLUT (BFAM) Technical Analysis
NYSE:BFAM • US1091941005
Current stock price
BFAM Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to BFAM. Recently some decent action could be observed, but in the medium term time frame this is still negative. BFAM was also a bad performer in the overall market in the last year.
- When comparing the yearly performance of all stocks, BFAM is a bad performer in the overall market: 88% of all stocks are doing better.
- BFAM is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BFAM is lagging the market.
- In the last month BFAM has a been trading in the 74.89 - 84.85 range, which is quite wide. It is currently trading near the high of this range.
- BFAM has an average volume of 1023060 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- BFAM is an average performer in the Diversified Consumer Services industry, it outperforms 41% of 73 stocks in the same industry.
- Considerably lower volume is observed in the last couple of days.
BFAM Weekly and Daily overview Charts
BFAM Setup Rating and Analysis
Although the technical rating is bad, BFAM does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 83.08. Right above this resistance zone may be a good entry point.
More info and screens
BFAM Support and Resistance Analysis
75.47
We found 1 important support area.
- Support @76.23 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 83.08 to 84.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @91.00 from a trend line in the daily time frame.
- Resistance @116.18 from a trend line in the weekly time frame.
BFAM Technical Indicator Signal Analysis
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 BFAM is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BFAM is up. |
| ChartMill Relative Strength | 12.81 | NEGATIVE | BFAM has a low relative strength, it was outperformed by 87.19% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BFAM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BFAM is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BFAM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.72 | NEUTRAL | The RSI value for BFAM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.58 | POSITIVE | The MACD value suggests BFAM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.35 | NEUTRAL | The Stochastics value for BFAM is a neutral value. |
| Average True Range in percent/ATR (20) | 3 | MEDIUM VOLATILITY | The ATR as a percentage value for BFAM suggests some volalility. |
| Average Directional Index/ADX (14) | 18.61 | NEGATIVE | The low ADX value for BFAM suggests a weak or negative trend. |
BFAM Chart- and CandleStick Pattern Analysis
BFAM Technicals: Chart, Performance Metrics, Trend & Indicators
82.41
-0.44 (-0.53%)
BRIGHT HORIZONS FAMILY SOLUT / BFAM TA FAQ
Can you provide the ChartMill technical rating for BRIGHT HORIZONS FAMILY SOLUT?
ChartMill assigns a technical rating of 2 / 10 to BFAM.
What is the current trend direction of BRIGHT HORIZONS FAMILY SOLUT (BFAM) stock?
The current trend direction for BRIGHT HORIZONS FAMILY SOLUT (BFAM) is Bearish.
What is the RSI signal for BRIGHT HORIZONS FAMILY SOLUT (BFAM) stock?
BRIGHT HORIZONS FAMILY SOLUT (BFAM) has an RSI value of 56.7168. This indicates that the stock is currently neutral.
Can you provide the MACD signal for BRIGHT HORIZONS FAMILY SOLUT?
The MACD indicator for BRIGHT HORIZONS FAMILY SOLUT (BFAM) has a value of 0.576096, indicating a bearish trend.
Can you provide the short term momentum for BRIGHT HORIZONS FAMILY SOLUT?
The short term momentum for BRIGHT HORIZONS FAMILY SOLUT (BFAM) is positive.