BARNES & NOBLE EDUCATION INC (BNED) Stock Technical Analysis
NYSE:BNED - New York Stock Exchange, Inc. - US06777U2006 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to BNED. BNED's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, BNED is a bad performer in the overall market: 86% of all stocks are doing better.
BNED is one of the lesser performing stocks in the Specialty Retail industry. 65% of 122 stocks in the same industry do better.
BNED 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.
In the last month BNED has a been trading in the 8.80 - 12.21 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 BNED is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
8.65
12.17
We found 1 important support area.
- Support @8.74 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 10.59 to 10.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @11.61 from a trend line in the weekly time frame.
- A resistance zone ranging from 12.03 to 12.05. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The long term trend for BNED is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BNED is neutral. |
| ChartMill Relative Strength | 14.33 | NEGATIVE | BNED has a low relative strength, it was outperformed by 85.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BNED is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BNED is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BNED is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 26.72 | OVERSOLD | The low RSI value suggests BNED may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests BNED has a negative trend. |
| Stochastics (14,3) | 35.31 | NEUTRAL | The Stochastics value for BNED is a neutral value. |
| Average True Range in percent/ATR (20) | 6.93 | HIGH VOLATILITY | The high ATR as a percentage value for BNED suggests high volalility. |
| Average Directional Index/ADX (14) | 16.43 | NEGATIVE | The low ADX value for BNED suggests a weak or negative 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)
8.87
-2.36 (-21.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-21.02%
1 Week-20.45%
2 Weeks-21.64%
1 Month-20.09%
3 Month-15.04%
6 Month-21.43%
12 Month-11.74%
2 Year-93.97%
3 Year-96.73%
5 Year-95.82%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.64
ATR(20)%6.93%
ATR Inc210.09%
Range Today1.99
ADR(20)0.59
ADR(20)%6.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.33
Mansfield-2.28
10 Day High12
10 Day Low8.8
20 Day High12.21
20 Day Low8.8
52 Week High14.41
52 Week Low7.9
CS1 End8.74
CR1 Start10.59
Volume & EV
DER(3)-2.69%
DER(5)-1.63%
Volume2.56M
Volume Incr67.91%
Vol(5)755.28K
Vol(50)431.80K