BRIGHT HORIZONS FAMILY SOLUT (BFAM) Stock Technical Analysis
NYSE:BFAM • US1091941005
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.
- 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, BFAM is a bad performer in the overall market: 91% of all stocks are doing better.
- BFAM is part of the Diversified Consumer Services industry. There are 75 other stocks in this industry, of which 63% are performing better than BFAM.
- BFAM is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month BFAM has a been trading in the 63.68 - 94.19 range, which is quite wide. It is currently trading near the lows of this range.
- Volume is considerably higher in the last couple of days.
The technical rating of BFAM is bad and it also does not present a quality setup 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
70.70
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 72.35 to 72.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @97.34 from a trend line in the daily time frame.
- Resistance @104.26 from a horizontal line in the daily time frame.
- Resistance @117.94 from a trend line in the weekly 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 | DOWN | NEGATIVE | The short term trend for BFAM is down. |
| ChartMill Relative Strength | 9.09 | NEGATIVE | BFAM has a low relative strength, it was outperformed by 90.91% 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) | 27.2 | OVERSOLD | The low RSI value suggests BFAM may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.05 | NEGATIVE | The MACD value suggests BFAM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 27.03 | NEUTRAL | The Stochastics value for BFAM is a neutral value. |
| Average True Range in percent/ATR (20) | 5.35 | HIGH VOLATILITY | The high ATR as a percentage value for BFAM suggests high volalility. |
| Average Directional Index/ADX (14) | 50.74 | POSITIVE | The high ADX value value for BFAM suggests a strong trend. |
71.41
-0.94 (-1.3%)
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.
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 BFAM stock?
BRIGHT HORIZONS FAMILY SOLUT (BFAM) has an RSI value of 27.199. This indicates that the stock is currently oversold.
Can you provide the MACD signal for BRIGHT HORIZONS FAMILY SOLUT?
The MACD indicator for BRIGHT HORIZONS FAMILY SOLUT (BFAM) has a value of -1.0523, indicating a bearish trend.
What is the buy/sell signal for BRIGHT HORIZONS FAMILY SOLUT (BFAM) stock?
The buy/sell signal for BRIGHT HORIZONS FAMILY SOLUT (BFAM) is sell as both the short term and long term trends are negative.