BBB FOODS INC-CLASS A (TBBB) Stock Technical Analysis
NYSE:TBBB - New York Stock Exchange, Inc. - VGG0896C1032 - Common Stock - Currency: USD
Overall TBBB gets a technical rating of 1 out of 10. TBBB has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
In the last month TBBB has a been trading in the 25.77 - 31.29 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the performance of all stocks over the past year, TBBB turns out to be only a medium performer in the overall market: it outperformed 67% of all stocks.
TBBB is part of the Consumer Staples Distribution & Retail industry. There are 41 other stocks in this industry, TBBB did better than 47% of them.
TBBB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TBBB is lagging the market.
TBBB 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
23.86
31.29
We found 3 important support areas.
- Support @26.07 from a trend line in the weekly time frame.
- Support @24.94 from a horizontal line in the weekly time frame.
- Support @24.10 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 26.80 to 26.96. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 27.81 to 28.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 29.39 to 29.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 30.39 to 30.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 TBBB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TBBB is down. |
| ChartMill Relative Strength | 67.08 | NEUTRAL | TBBB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TBBB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TBBB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TBBB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.05 | NEUTRAL | The RSI value for TBBB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.28 | NEGATIVE | The MACD value suggests TBBB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.46 | OVERSOLD | The low Stochastics value suggests TBBB may be oversold. |
| Average True Range in percent/ATR (20) | 3.66 | MEDIUM VOLATILITY | The ATR as a percentage value for TBBB suggests some volalility. |
| Average Directional Index/ADX (14) | 19.13 | NEGATIVE | The low ADX value for TBBB suggests a weak or negative trend. |
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)
26.48
+0.31 (+1.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg1.18%
1 Week0.15%
2 Weeks-8.88%
1 Month-12.46%
3 Month2.48%
6 Month-10.08%
12 Month13.11%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.01
ATR(20)%3.66%
ATR Inc-13.24%
Range Today0.6
ADR(20)0.96
ADR(20)%3.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.08
Mansfield-1.26
10 Day High29.58
10 Day Low25.77
20 Day High31.29
20 Day Low25.77
52 Week High35.22
52 Week Low22.03
CS1 End26.07
CR1 Start26.8
Volume & EV
DER(3)-1.86%
DER(5)-1.38%
Volume330.90K
Volume Incr-7.99%
Vol(5)471.02K
Vol(50)617.24K