BARNES & NOBLE EDUCATION INC (BNED) Stock Technical Analysis
NYSE:BNED - US06777U2006 - Common Stock
8.63 USD
+0.04 (+0.47%)
8.42 USD
-0.21 (-2.43%)
Taking everything into account, BNED scores 1 out of 10 in our technical rating. 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 negative, as is the long term trend. There should be more interesting stocks out there.
94% of all other stocks performed better in the past year than BNED.
BNED is one of the lesser performing stocks in the Specialty Retail industry. 81% of 123 stocks in the same industry do better.
BNED is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month BNED has a been trading in the 8.03 - 9.14 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Although the technical rating is bad, BNED does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 8.56, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BNED in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
8.06
12.17
3 important support areas can be observed.
- A support zone ranging from 8.52 to 8.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 8.32 to 8.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.14 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- Resistance @8.88 from a horizontal line in the daily time frame.
- Resistance @11.35 from a trend line in the weekly time frame.
- Resistance @11.78 from a trend line in the daily time frame.
- Resistance @12.05 from a horizontal line 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 | DOWN | NEGATIVE | The short term trend for BNED is down. |
| ChartMill Relative Strength | 6.61 | NEGATIVE | BNED has a low relative strength, it was outperformed by 93.39% off all stocks 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) | 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) | 44.33 | NEUTRAL | The RSI value for BNED is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests BNED has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 62.89 | NEUTRAL | The Stochastics value for BNED is a neutral value. |
| Average True Range in percent/ATR (20) | 4.14 | MEDIUM VOLATILITY | The ATR as a percentage value for BNED suggests some volalility. |
| Average Directional Index/ADX (14) | 11.14 | 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)
8.63
+0.04 (+0.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg0.47%
1 Week-0.46%
2 Weeks2.62%
1 Month2.98%
3 Month-28.26%
6 Month-11.58%
12 Month-33.62%
2 Year-93.2%
3 Year-96.63%
5 Year-96.21%
10 Year-99.33%
15 YearN/A
Volatility
ATR(14)0.34
ATR(20)%4.14%
ATR Inc-12.81%
Range Today0.25
ADR(20)0.34
ADR(20)%3.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.61
Mansfield-2.36
10 Day High8.87
10 Day Low8.24
20 Day High9.14
20 Day Low8.03
52 Week High14.41
52 Week Low7.9
CS1 End8.56
CR1 Start8.88
Volume & EV
DER(3)4.67%
DER(5)4.38%
Volume395.10K
Volume Incr-6.35%
Vol(5)320.70K
Vol(50)482.93K