BRIGHT HORIZONS FAMILY SOLUT (BFAM) Stock Technical Analysis
USA - NYSE:BFAM - US1091941005 - Common Stock
Overall BFAM gets a technical rating of 0 out of 10. BFAM'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.
Although the technical rating is bad, BFAM does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 97.57, a Stop Loss order could be placed below this zone.
More info and screens
96.39
We found 1 important support area.
- A support zone ranging from 97.36 to 97.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 6 important resistance areas.
- A resistance zone ranging from 105.20 to 105.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 109.23 to 109.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @114.25 from a trend line in the daily time frame.
- Resistance @117.87 from a trend line in the weekly time frame.
- Resistance @123.59 from a horizontal line in the daily time frame.
- Resistance @130.35 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 BFAM is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BFAM is neutral. |
| ChartMill Relative Strength | 21.19 | NEGATIVE | BFAM has a low relative strength, it was outperformed by 78.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BFAM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BFAM is below 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) | 44.54 | NEUTRAL | The RSI value for BFAM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests BFAM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 29.12 | NEUTRAL | The Stochastics value for BFAM is a neutral value. |
| Average True Range in percent/ATR (20) | 3.89 | MEDIUM VOLATILITY | The ATR as a percentage value for BFAM suggests some volalility. |
| Average Directional Index/ADX (14) | 18.11 | NEGATIVE | The low ADX value for BFAM suggests a weak or negative trend. |
97.59
-2 (-2.01%)
BRIGHT HORIZONS FAMILY SOLUT / BFAM FAQ
Can you provide the ChartMill technical rating for BRIGHT HORIZONS FAMILY SOLUT?
ChartMill assigns a technical rating of 0 / 10 to BFAM.
Can you provide the trend direction for BRIGHT HORIZONS FAMILY SOLUT?
The current trend direction for BRIGHT HORIZONS FAMILY SOLUT (BFAM) is Bearish.
What is the RSI signal for BFAM stock?
BRIGHT HORIZONS FAMILY SOLUT (BFAM) has an RSI value of 44.5433. This indicates that the stock is currently neutral.
What is the MACD signal for BRIGHT HORIZONS FAMILY SOLUT (BFAM) stock?
The MACD indicator for BRIGHT HORIZONS FAMILY SOLUT (BFAM) has a value of 0.11416, indicating a bearish trend.
What is the support and resistance level for BFAM stock?
BRIGHT HORIZONS FAMILY SOLUT (BFAM) has a support level at 97.57 and a resistance level at 105.2. Check the full technical report for our detailed analysis of BFAM support and resistance levels.