B&G FOODS INC (BGS)

US05508R1068 - Common Stock

11.44  -0.01 (-0.09%)

After market: 11.44 0 (0%)

Technical Rating and Analysis

6

Taking everything into account, BGS scores 6 out of 10 in our technical rating. Although BGS is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.

78% of all other stocks performed better in the past year than BGS.
BGS is part of the Food Products industry. There are 91 other stocks in this industry, of which 61% are performing better than BGS.
The long and short term trends are both positive. This is looking good!
In the last month BGS has a been trading in the 10.49 - 11.97 range, which is quite wide. It is currently trading near the high of this range.
BGS has an average volume of 1124730 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
BGS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BGS is lagging the market.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
BGS Weekly chart
BGS Daily chart
Setup Rating and Analysis

7

BGS has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 11.53. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 11.17, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

9.12

12.04

4 important support areas can be observed.

  • A support zone ranging from 11.09 to 11.17. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 10.49 to 10.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 9.77 to 9.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @9.21 from a horizontal line in the daily time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 11.53 to 11.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 11.92 to 11.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.81
Mansfield-1.54
10 Day High11.79
10 Day Low10.49
20 Day High11.97
20 Day Low10.49
52 Week High16.68
52 Week Low7.2
Performance
1 Week1.69%
2 Weeks2.88%
1 Month-0.95%
3 Month8.95%
6 Month15.67%
12 Month-26.34%
2 Year-57.6%
3 Year-63.17%
5 Year-53.15%
10 Year-62.01%
15 Year120%
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)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)59.69
LBB10.56
UBB11.67
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
11.6011.080.52 (4.48%)22.31%
An entry @11.60. This is a Buy Stop order right above the resistance zone.An exit @11.08. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 0.52 points, which is 4.48%.For a 1.00% total portfolio risk, you can invest 22.31% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of BGS. 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.
BGS Daily chart

B&G FOODS INC

NYSE:BGS (3/28/2024, 8:04:00 PM)

After market: 11.44 0 (0%)

11.44

-0.01 (-0.09%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-0.09%
1 Week1.69%
2 Weeks2.88%
1 Month-0.95%
3 Month8.95%
6 Month15.67%
12 Month-26.34%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.36
ATR(20)%3.34%
ATR Inc
Range Today0.38
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High11.79
10 Day Low10.49
20 Day High11.97
20 Day Low10.49
52 Week High16.68
52 Week Low7.2
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume792.20K
Volume Incr-52.06%
Vol(5)705.90K
Vol(50)1.12M