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BEACHBODY CO INC/THE (BODY) Stock Technical Analysis

NYSE:BODY - New York Stock Exchange, Inc. - US0734633094 - Common Stock - Currency: USD

8.14  -0.17 (-2.05%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to BODY. BODY'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.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, BODY is a bad performer in the overall market: 92% of all stocks are doing better.
BODY is one of the lesser performing stocks in the Diversified Consumer Services industry. 67% of 72 stocks in the same industry do better.
BODY 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 BODY has a been trading in the 7.80 - 12.13 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Warning: BODY has an average volume of 28064 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
BEACHBODY CO INC/THE / BODY Weekly stock chart
BEACHBODY CO INC/THE / BODY Daily stock chart
Setup Rating and Analysis

4

BODY 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.

Support and Resistance Analysis

7.18

10.08

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.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for BODY is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for BODY is down.
ChartMill Relative Strength8.91NEGATIVEBODY has a low relative strength, it was outperformed by 91.09% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of BODY is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of BODY is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of BODY is below a declining SMA(200).
Relative Strength Index/RSI (14)38.94NEUTRALThe RSI value for BODY is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.12NEGATIVEThe MACD value suggests BODY has a negative trend.
Stochastics (14,3)16.91OVERSOLDThe low Stochastics value suggests BODY may be oversold.
Average True Range in percent/ATR (20)9.84HIGH VOLATILITYThe high ATR as a percentage value for BODY suggests high volalility.
Average Directional Index/ADX (14)13.95NEGATIVEThe low ADX value for BODY suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
BEACHBODY CO INC/THE / BODY Daily stock chart

BEACHBODY CO INC/THE

NYSE:BODY (3/1/2024, 8:04:47 PM)

8.14

-0.17 (-2.05%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDiversified Consumer Services
Performance
% Chg-2.05%
1 Week-9.35%
2 Weeks-12.28%
1 Month-27.13%
3 Month9.7%
6 Month-63%
12 Month-76.88%
2 Year-92.83%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.75
ATR(20)%9.84%
ATR Inc-24.88%
Range Today0.69
ADR(20)0.79
ADR(20)%9.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.91
Mansfield-5.99
10 Day High9.37
10 Day Low7.8
20 Day High12.13
20 Day Low7.8
52 Week High44.5
52 Week Low6.31
CS1 End7.25
CR1 Start9.01
Volume & EV
DER(3)-16.04%
DER(5)-11.2%
Volume18.00K
Volume Incr-30.51%
Vol(5)17.24K
Vol(50)28.06K