BARNES & NOBLE EDUCATION INC (BNED) Technical Analysis
NYSE:BNED • US06777U2006
Current stock price
BNED Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to BNED. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BNED is only an average performer.
- The long and short term trends are both positive. This is looking good!
- BNED is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BNED is lagging the market slightly.
- In the last month BNED has a been trading in the 8.45 - 11.27 range, which is quite wide. It is currently trading near the high of this range.
- When compared to the yearly performance of all other stocks, BNED outperforms 67% of them, which is more or less in line with the market.
- BNED is part of the Specialty Retail industry. There are 123 other stocks in this industry, BNED did better than 69% of them.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
BNED Weekly and Daily overview Charts
BNED Setup Rating and Analysis
Although BNED has an excellent technical rating, it does not offer a high 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
BNED Support and Resistance Analysis
6.25
We found 3 important support areas.
- A support zone ranging from 9.38 to 9.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 8.92 to 9.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.31 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 11.21 to 11.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
BNED 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 BNED is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BNED is up. |
| ChartMill Relative Strength | 67.13 | NEUTRAL | BNED is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BNED is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BNED is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BNED is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 78.89 | OVERBOUGHT | The high RSI value suggests BNED may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests BNED has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 93.23 | OVERBOUGHT | The high Stochastics value suggests BNED may be overbought. |
| Average True Range in percent/ATR (20) | 3.84 | MEDIUM VOLATILITY | The ATR as a percentage value for BNED suggests some volalility. |
| Average Directional Index/ADX (14) | 37.52 | POSITIVE | The high ADX value value for BNED suggests a strong trend. |
BNED Chart- and CandleStick Pattern Analysis
BNED Technicals: Chart, Performance Metrics, Trend & Indicators
11.2
+0.14 (+1.27%)
BARNES & NOBLE EDUCATION INC / BNED TA FAQ
Can you provide the ChartMill technical rating for BARNES & NOBLE EDUCATION INC?
ChartMill assigns a technical rating of 8 / 10 to BNED.
What is the current trend direction of BARNES & NOBLE EDUCATION INC (BNED) stock?
The current trend direction for BARNES & NOBLE EDUCATION INC (BNED) is Bullish.
What is the RSI signal for BARNES & NOBLE EDUCATION INC (BNED) stock?
BARNES & NOBLE EDUCATION INC (BNED) has an RSI value of 78.8864. This indicates that the stock is currently overbought.
Can you provide the MACD signal for BARNES & NOBLE EDUCATION INC?
The MACD indicator for BARNES & NOBLE EDUCATION INC (BNED) has a value of 0.147258, indicating a bearish trend.
Can you provide the short term momentum for BARNES & NOBLE EDUCATION INC?
The short term momentum for BARNES & NOBLE EDUCATION INC (BNED) is positive.