BGSF INC (BGSF) Technical Analysis
NYSE:BGSF • US05601C1053
Current stock price
BGSF Technical Rating and Analysis
Overall BGSF gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BGSF is showing a nice and steady performance.
- Warning: BGSF has an average volume of 27274 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, BGSF did better than 93% of all other stocks.
- BGSF is one of the better performing stocks in the Professional Services industry, it outperforms 91% of 87 stocks in the same industry.
- BGSF is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BGSF is lagging the market slightly.
- In the last month BGSF has a been trading in the 5.87 - 6.75 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BGSF Weekly and Daily overview Charts
BGSF Setup Rating and Analysis
Besides having an excellent technical rating, BGSF also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 6.09, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BGSF in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
BGSF Support and Resistance Analysis
3.59
2 important support areas can be observed.
- A support zone ranging from 5.94 to 6.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.63 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 6.42 to 6.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.11 from a trend line in the weekly time frame.
BGSF Technical Indicator Signal Analysis
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 | UP | POSITIVE | The long term trend for BGSF is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BGSF is up. |
| ChartMill Relative Strength | 93.33 | POSITIVE | BGSF has a high relative strength, it outperformed 93.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BGSF is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BGSF is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BGSF is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.26 | NEUTRAL | The RSI value for BGSF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests BGSF has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 56.98 | NEUTRAL | The Stochastics value for BGSF is a neutral value. |
| Average True Range in percent/ATR (20) | 4.15 | MEDIUM VOLATILITY | The ATR as a percentage value for BGSF suggests some volalility. |
| Average Directional Index/ADX (14) | 38.98 | POSITIVE | The high ADX value value for BGSF suggests a strong trend. |
BGSF Chart- and CandleStick Pattern Analysis
BGSF 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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 6.49 | 5.93 | 0.56 (8.63%) | 11.59% |
| An entry @6.49. This is a Buy Stop order right above the resistance zone. | An exit @5.93. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.56 points, which is 8.63%. | When investing 11.59% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
BGSF Technicals: Chart, Performance Metrics, Trend & Indicators
6.41
+0.06 (+0.94%)
BGSF INC / BGSF TA FAQ
What is the ChartMill technical rating of BGSF INC (BGSF) stock?
ChartMill assigns a technical rating of 10 / 10 to BGSF.
What is the trend direction for BGSF stock?
The current trend direction for BGSF INC (BGSF) is Bullish.
What is the RSI signal for BGSF stock?
BGSF INC (BGSF) has an RSI value of 59.2627. This indicates that the stock is currently neutral.
Can you provide the short term momentum for BGSF INC?
The short term momentum for BGSF INC (BGSF) is positive.
Can you provide the support and resistance levels for BGSF INC?
BGSF INC (BGSF) has a support level at 6.09 and a resistance level at 6.42. Check the full technical report for our detailed analysis of BGSF support and resistance levels.