BRIGHT HORIZONS FAMILY SOLUT (BFAM) Stock Technical Analysis
NYSE:BFAM • US1091941005
We assign a technical rating of 0 out of 10 to BFAM. BFAM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 92% of all other stocks performed better in the past year than BFAM.
- BFAM is one of the lesser performing stocks in the Diversified Consumer Services industry. 63% of 75 stocks in the same industry do better.
- BFAM 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.
- In the last month BFAM has a been trading in the 63.68 - 95.57 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
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
70.35
3 important resistance areas can be observed.
- Resistance @97.74 from a trend line in the daily time frame.
- Resistance @104.26 from a horizontal line in the daily time frame.
- Resistance @118.23 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 | 8.48 | NEGATIVE | BFAM has a low relative strength, it was outperformed by 91.52% 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) | 24.92 | OVERSOLD | The low RSI value suggests BFAM may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.69 | NEGATIVE | The MACD value suggests BFAM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.9 | NEUTRAL | The Stochastics value for BFAM is a neutral value. |
| Average True Range in percent/ATR (20) | 5.39 | HIGH VOLATILITY | The high ATR as a percentage value for BFAM suggests high volalility. |
| Average Directional Index/ADX (14) | 49.28 | POSITIVE | The high ADX value value for BFAM suggests a strong trend. |
71.06
+0.19 (+0.27%)
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 24.9205. 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 -1.6937, 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.