BEACHBODY CO INC/THE (BODY) Stock Technical Analysis
USA - NYSE:BODY - US0734633094 - Common Stock
Taking everything into account, BODY scores 0 out of 10 in our technical rating. BODY scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
BODY has a poor technical rating and the quality of the setup is also not perfect 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
7.18
We found 1 important support area.
- Support @7.25 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @9.01 from a horizontal line in the daily time frame.
- A resistance zone ranging from 9.36 to 9.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @9.98 from a trend 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 BODY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BODY is down. |
| ChartMill Relative Strength | 8.91 | NEGATIVE | BODY has a low relative strength, it was outperformed by 91.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BODY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BODY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BODY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.94 | NEUTRAL | The RSI value for BODY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests BODY has a negative trend. |
| Stochastics (14,3) | 16.91 | OVERSOLD | The low Stochastics value suggests BODY may be oversold. |
| Average True Range in percent/ATR (20) | 9.84 | HIGH VOLATILITY | The high ATR as a percentage value for BODY suggests high volalility. |
| Average Directional Index/ADX (14) | 13.95 | NEGATIVE | The low ADX value for BODY suggests a weak or negative trend. |
NYSE:BODY (3/1/2024, 8:04:47 PM)
8.14
-0.17 (-2.05%)
BEACHBODY CO INC/THE / BODY FAQ
Can you provide the ChartMill technical rating for BEACHBODY CO INC/THE?
ChartMill assigns a technical rating of 0 / 10 to BODY.
What is the current trend direction of BEACHBODY CO INC/THE (BODY) stock?
The current trend direction for BEACHBODY CO INC/THE (BODY) is Bearish.
Can you provide the RSI signal for BEACHBODY CO INC/THE?
BEACHBODY CO INC/THE (BODY) has an RSI value of 38.9378. This indicates that the stock is currently neutral.
What is the MACD signal for BEACHBODY CO INC/THE (BODY) stock?
The MACD indicator for BEACHBODY CO INC/THE (BODY) has a value of -0.121608, indicating a bearish trend.
What is the short term momentum for BODY stock?
The short term momentum for BEACHBODY CO INC/THE (BODY) is negative.