BRIGHT HORIZONS FAMILY SOLUT (BFAM) Stock Technical Analysis
NYSE:BFAM - New York Stock Exchange, Inc. - US1091941005 - Common Stock - Currency: USD
Taking everything into account, BFAM scores 8 out of 10 in our technical rating. Although BFAM is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that BFAM is one of the better performing stocks in the market, outperforming 72% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
BFAM is part of the Diversified Consumer Services industry. There are 72 other stocks in this industry, BFAM did better than 61% of them.
BFAM is currently trading in the middle 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 slightly.
In the last month BFAM has a been trading in the 118.89 - 132.99 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BFAM has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 126.42, a Stop Loss order could be placed below this zone.
More info and screens
101.28
134.88
We found 5 important support areas.
- A support zone ranging from 122.78 to 126.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @120.78 from a trend line in the weekly time frame.
- A support zone ranging from 112.89 to 114.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @104.45 from a horizontal line in the weekly time frame.
- Support @102.30 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 128.44 to 131.10. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @133.54 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 | UP | POSITIVE | The long term trend for BFAM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BFAM is up. |
| ChartMill Relative Strength | 72.47 | POSITIVE | BFAM has a high relative strength, it outperformed 72.47% 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) | UP | POSITIVE | The current price of BFAM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BFAM is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.57 | NEUTRAL | The RSI value for BFAM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests BFAM has a negative trend. |
| Stochastics (14,3) | 51.26 | NEUTRAL | The Stochastics value for BFAM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.48 | MEDIUM VOLATILITY | The ATR as a percentage value for BFAM suggests some volalility. |
| Average Directional Index/ADX (14) | 11.38 | NEGATIVE | The low ADX value for BFAM suggests a weak or negative 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 131.11 | 124.87 | 6.24 (4.76%) | 21.01% |
| An entry @131.11. This is a Buy Stop order right above the resistance zone. | An exit @124.87. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 6.24 points, which is 4.76%. | When investing 21.01% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
126.95
+1.01 (+0.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDiversified Consumer Services
Performance
% Chg0.8%
1 Week-1.74%
2 Weeks0.34%
1 Month4.07%
3 Month-0.2%
6 Month10.29%
12 Month18.68%
2 Year37.32%
3 Year50.2%
5 Year8.32%
10 Year119.64%
15 YearN/A
Volatility
ATR(14)3.09
ATR(20)%2.48%
ATR Inc-39.81%
Range Today1.76
ADR(20)3.03
ADR(20)%2.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.47
Mansfield-0.17
10 Day High132.99
10 Day Low124.88
20 Day High132.99
20 Day Low118.89
52 Week High141.9
52 Week Low100.59
CS1 End126.42
CR1 Start128.44
Volume & EV
DER(3)0.73%
DER(5)-1.81%
Volume499.10K
Volume Incr-32.3%
Vol(5)379.08K
Vol(50)497.18K