BARNES & NOBLE EDUCATION INC (BNED) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BNED - US06777U2006 - Common Stock
Overall BNED gets a technical rating of 0 out of 10. 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 technical rating of BNED 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
6.25
We found 2 important support areas.
- A support zone ranging from 8.17 to 8.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.31 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 9.57 to 9.64. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @9.95 from a horizontal line in the daily time frame.
- Resistance @10.36 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 | NEUTRAL | NEUTRAL | The long term trend for BNED is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BNED is down. |
| ChartMill Relative Strength | 18.12 | NEGATIVE | BNED has a low relative strength, it was outperformed by 81.88% 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) | 41.84 | NEUTRAL | The RSI value for BNED is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests BNED has a negative trend. |
| Stochastics (14,3) | 10.81 | OVERSOLD | The low Stochastics value suggests BNED may be oversold. |
| Average True Range in percent/ATR (20) | 5.1 | HIGH VOLATILITY | The high ATR as a percentage value for BNED suggests high volalility. |
| Average Directional Index/ADX (14) | 21.18 | NEUTRAL | The ADX value for BNED suggests a possible start of a new trend. |
8.28
+0.1 (+1.22%)
BARNES & NOBLE EDUCATION INC / BNED FAQ
Can you provide the ChartMill technical rating for BARNES & NOBLE EDUCATION INC?
ChartMill assigns a technical rating of 0 / 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 Bearish.
What is the RSI signal for BNED stock?
BARNES & NOBLE EDUCATION INC (BNED) has an RSI value of 41.8355. This indicates that the stock is currently neutral.
Can you provide the short term momentum for BARNES & NOBLE EDUCATION INC?
The short term momentum for BARNES & NOBLE EDUCATION INC (BNED) is negative.