BARNES & NOBLE EDUCATION INC (BNED) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BNED - US06777U2006 - Common Stock
We assign a technical rating of 0 out of 10 to BNED. BNED scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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.
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6.18
When analyzing the resistance we notice one important area.
- Resistance @10.73 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 BNED is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BNED is down. |
| ChartMill Relative Strength | 9.97 | NEGATIVE | BNED has a low relative strength, it was outperformed by 90.03% 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) | 19.05 | 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, although the MACD value is rising. |
| Stochastics (14,3) | 4.19 | OVERSOLD | The low Stochastics value suggests BNED may be oversold. |
| Average True Range in percent/ATR (20) | 6.09 | HIGH VOLATILITY | The high ATR as a percentage value for BNED suggests high volalility. |
| Average Directional Index/ADX (14) | 47.94 | POSITIVE | The high ADX value value for BNED suggests a strong trend. |
6.24
+0.12 (+1.96%)
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.
Can you provide the trend direction for BARNES & NOBLE EDUCATION INC?
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 19.0479. This indicates that the stock is currently oversold.
What is the short term momentum for BNED stock?
The short term momentum for BARNES & NOBLE EDUCATION INC (BNED) is negative.
What is the support and resistance level for BNED stock?
BARNES & NOBLE EDUCATION INC (BNED) has a resistance level at 10.73. Check the full technical report for our detailed analysis of BNED support and resistance levels.