BGSF INC (BGSF) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BGSF - US05601C1053 - Common Stock
Taking everything into account, BGSF scores 2 out of 10 in our technical rating. In the past year, BGSF was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The technical rating of BGSF 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
3.28
When analyzing the support we can see 2 important areas.
- Support @3.42 from a trend line in the weekly time frame.
- Support @3.31 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 4.64 to 4.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.34 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 BGSF is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BGSF is up. |
| ChartMill Relative Strength | 14.3 | NEGATIVE | BGSF has a low relative strength, it was outperformed by 85.7% 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) | DOWN | MIXED | The current price of BGSF is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BGSF is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 62.84 | NEUTRAL | The RSI value for BGSF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests BGSF has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 68.25 | NEUTRAL | The Stochastics value for BGSF is a neutral value. |
| Average True Range in percent/ATR (20) | 5 | HIGH VOLATILITY | The high ATR as a percentage value for BGSF suggests high volalility. |
| Average Directional Index/ADX (14) | 22.69 | NEUTRAL | The ADX value for BGSF suggests a possible start of a new trend. |
4.58
+0.2 (+4.57%)
BGSF INC / BGSF FAQ
What is the ChartMill technical rating of BGSF INC (BGSF) stock?
ChartMill assigns a technical rating of 2 / 10 to BGSF.
Can you provide the trend direction for BGSF INC?
The current trend direction for BGSF INC (BGSF) is Bearish.
What is the RSI signal for BGSF stock?
BGSF INC (BGSF) has an RSI value of 62.8443. This indicates that the stock is currently neutral.
What is the buy/sell signal for BGSF INC (BGSF) stock?
The buy/sell signal for BGSF INC (BGSF) is hold as the short term and long term trends are mixed.
What are the support and resistance levels for BGSF INC (BGSF) stock?
BGSF INC (BGSF) has a support level at 3.42 and a resistance level at 4.64. Check the full technical report for our detailed analysis of BGSF support and resistance levels.