BOB EVANS FARMS INC (BOBE) Technical Analysis
NASDAQ:BOBE • US0967611015
Current stock price
BOBE Technical Rating and Analysis
We assign a technical rating of 6 out of 10 to BOBE. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- Looking at the yearly performance, BOBE did better than 87% of all other stocks. We also observe that the gains produced by BOBE over the past year are nicely spread over this period.
- BOBE is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- In the last month BOBE has a been trading in a tight range between 76.99 and 79.70.
- Volume is considerably higher in the last couple of days.
BOBE Weekly and Daily overview Charts
BOBE Setup Rating and Analysis
BOBE has an average technical rating and the quality of the presented setup is also not ideal 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
BOBE Support and Resistance Analysis
71.01
When analyzing the support we can see 2 important areas.
- A support zone ranging from 76.96 to 77.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 71.73 to 72.03. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 77.48 to 79.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
BOBE 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 BOBE is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BOBE is down. |
| ChartMill Relative Strength | 87.76 | POSITIVE | BOBE has a high relative strength, it outperformed 87.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BOBE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BOBE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BOBE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 38.2 | NEUTRAL | The RSI value for BOBE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests BOBE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 1.11 | OVERSOLD | The low Stochastics value suggests BOBE may be oversold. |
| Average True Range in percent/ATR (20) | 0.75 | LOW VOLATILITY | The low ATR as a percentage value for BOBE suggests low volalility. |
BOBE Chart- and CandleStick Pattern Analysis
BOBE Technicals: Chart, Performance Metrics, Trend & Indicators
77.01
-0.02 (-0.03%)
BOB EVANS FARMS INC / BOBE TA FAQ
Can you provide the ChartMill technical rating for BOB EVANS FARMS INC?
ChartMill assigns a technical rating of 5 / 10 to BOBE.
What is the trend direction for BOBE stock?
The current trend direction for BOB EVANS FARMS INC (BOBE) is Bullish.
Can you provide the RSI signal for BOB EVANS FARMS INC?
BOB EVANS FARMS INC (BOBE) has an RSI value of 38.1986. This indicates that the stock is currently neutral.
Can you provide the MACD signal for BOB EVANS FARMS INC?
The MACD indicator for BOB EVANS FARMS INC (BOBE) has a value of -0.205566, indicating a bearish trend.
What is the short term momentum for BOBE stock?
The short term momentum for BOB EVANS FARMS INC (BOBE) is negative.