BEACHBODY CO INC/THE (BODY) Technical Analysis
NYSE:BODY • US0734633094
Current stock price
BODY Technical Rating and Analysis
Overall BODY gets a technical rating of 0 out of 10. 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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 92% of all other stocks performed better in the past year than BODY.
- BODY is part of the Diversified Consumer Services industry. There are 73 other stocks in this industry, of which 63% are performing better than BODY.
- 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.
BODY Weekly and Daily overview Charts
BODY Setup Rating and Analysis
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
BODY Support and Resistance Analysis
7.18
We found 1 important support area.
- Support @7.25 from a horizontal line in the daily time frame.
We can see 3 important resistance 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.
BODY 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 | 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. |
BODY Chart- and CandleStick Pattern Analysis
BODY Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:BODY (3/1/2024, 8:04:47 PM)
8.14
-0.17 (-2.05%)
BEACHBODY CO INC/THE / BODY TA FAQ
Can you provide the ChartMill technical rating for BEACHBODY CO INC/THE?
ChartMill assigns a technical rating of 0 / 10 to BODY.
Can you provide the trend direction for BEACHBODY CO INC/THE?
The current trend direction for BEACHBODY CO INC/THE (BODY) is Bearish.
What is the RSI signal for BODY stock?
BEACHBODY CO INC/THE (BODY) has an RSI value of 38.9378. This indicates that the stock is currently neutral.
Can you provide the short term momentum for BEACHBODY CO INC/THE?
The short term momentum for BEACHBODY CO INC/THE (BODY) is negative.
What are the support and resistance levels for BEACHBODY CO INC/THE (BODY) stock?
BEACHBODY CO INC/THE (BODY) has a support level at 7.25 and a resistance level at 9.01. Check the full technical report for our detailed analysis of BODY support and resistance levels.