BIG 5 SPORTING GOODS CORP (BGFV) Stock Technical Analysis
NASDAQ:BGFV - Nasdaq - US08915P1012 - Common Stock - Currency: USD
Taking everything into account, BGFV scores 6 out of 10 in our technical rating. BGFV has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
BGFV 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.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month BGFV has a been trading in the 1.15 - 1.45 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, BGFV turns out to be only a medium performer in the overall market: it outperformed 56% of all stocks.
BGFV is an average performer in the Specialty Retail industry, it outperforms 63% of 121 stocks in the same industry.
BGFV has an average technical rating and the quality of the presented setup is also not ideal 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
1.20
1.56
We found 3 important support areas.
- A support zone ranging from 1.39 to 1.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.27 from a trend line in the daily time frame.
- A support zone ranging from 1.21 to 1.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 3 important resistance areas.
- Resistance @1.43 from a horizontal line in the weekly time frame.
- Resistance @1.51 from a horizontal line in the daily time frame.
- Resistance @1.54 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 | NEUTRAL | NEUTRAL | The long term trend for BGFV is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BGFV is up. |
| ChartMill Relative Strength | 56.16 | NEUTRAL | BGFV is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BGFV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BGFV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BGFV is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.26 | NEUTRAL | The RSI value for BGFV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests BGFV has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88.89 | OVERBOUGHT | The high Stochastics value suggests BGFV may be overbought. |
| Average True Range in percent/ATR (20) | 3.92 | MEDIUM VOLATILITY | The ATR as a percentage value for BGFV suggests some volalility. |
| Average Directional Index/ADX (14) | 36.99 | POSITIVE | The high ADX value value for BGFV suggests a strong 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 |
|---|---|---|---|
| 1.44 | 1.38 | 0.06 (4.17%) | 24.00% |
| An entry @1.44. This is a Buy Stop order right above the resistance zone. | An exit @1.38. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.06 points, which is 4.17%. | For a 1.00% total portfolio risk, you can invest 24.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of BGFV. Please evaluate whether better entry and exit points can be found.
- 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.
1.42
+0.01 (+0.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg0.71%
1 Week0%
2 Weeks11.81%
1 Month13.6%
3 Month68.13%
6 Month-21.55%
12 Month-48.92%
2 Year-85.16%
3 Year-88.96%
5 Year-74.64%
10 Year-87.1%
15 Year-89.67%
Volatility
ATR(14)0.05
ATR(20)%3.92%
ATR Inc-82.92%
Range Today0.01
ADR(20)0.04
ADR(20)%3.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.16
Mansfield-1.54
10 Day High1.45
10 Day Low1.19
20 Day High1.45
20 Day Low1.15
52 Week High2.9
52 Week Low0.8
CS1 End1.41
CR1 Start1.43
Volume & EV
DER(3)-4.99%
DER(5)-4.1%
Volume203.30K
Volume Incr0.66%
Vol(5)300.52K
Vol(50)389.66K