BARNES & NOBLE EDUCATION INC (BNED) Technical Analysis
NYSE:BNED • US06777U2006
Current stock price
BNED Technical Rating and Analysis
Overall BNED gets a technical rating of 2 out of 10. 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.
- 67% of all other stocks performed better in the past year than BNED.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- BNED is part of the Specialty Retail industry. There are 124 other stocks in this industry, BNED did better than 56% of them.
- BNED is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BNED is lagging the market slightly.
- In the last month BNED has a been trading in the 7.42 - 10.31 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BNED Weekly and Daily overview Charts
BNED Setup Rating and Analysis
BNED has a poor technical rating and the quality of the setup is also only medium 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
5 important support areas can be observed.
- Support @8.90 from a trend line in the daily time frame.
- A support zone ranging from 8.31 to 8.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.04 from a horizontal line in the daily time frame.
- A support zone ranging from 7.69 to 7.81. 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 2 important resistance areas.
- Resistance @9.44 from a trend line in the daily time frame.
- A resistance zone ranging from 9.64 to 9.95. 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 | NEUTRAL | NEUTRAL | The long term trend for BNED is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BNED is neutral. |
| ChartMill Relative Strength | 33.6 | 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) | DOWN | MIXED | The current price of BNED is above 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) | 57.34 | NEUTRAL | The RSI value for BNED is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests BNED has a positive trend. |
| Stochastics (14,3) | 23.12 | NEUTRAL | The Stochastics value for BNED is a neutral value. |
| Average True Range in percent/ATR (20) | 5.67 | HIGH VOLATILITY | The high ATR as a percentage value for BNED suggests high volalility. |
| Average Directional Index/ADX (14) | 16.57 | NEGATIVE | The low ADX value for BNED suggests a weak or negative trend. |
BNED Chart- and CandleStick Pattern Analysis
BNED Technicals: Chart, Performance Metrics, Trend & Indicators
8.97
+0.48 (+5.65%)
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 2 / 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 57.3401. 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 neutral.