Barrett Business Services, Inc. (NASDAQ:BBSI): The Good, The Bad, The Ugly (2020-01-06)

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REPORTING FOR 2020-01-06 | WCX19.ORG: We have done an in-depth analysis of how BBSI has been trading over the last 2 weeks and the past day especially. On its latest session, Barrett Business Services, Inc. (NASDAQ:BBSI) opened at 90.04, reaching a high of 91.4823 and a low of 89.65 before closing at a price of 90.5. There was a total volume of 53317.

VOLUME INDICATORS FOR BARRETT BUSINESS SERVICES, INC. (NASDAQ:BBSI): We saw an accumulation-distribution index of 264.65234, an on-balance volume of 90.64, chaikin money flow of 1.5408 and a force index of -0.0044. There was an ease of movement rating of -0.02832, a volume-price trend of 2.34737 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR BARRETT BUSINESS SERVICES, INC. (NASDAQ:BBSI): We noted an average true range of 1.2898, bolinger bands of 91.21966, an upper bollinger band of 88.90034, lower bollinger band of 89.65, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 90.39077, high band keltner channel of 88.94847, low band keltner channel of 91.83307, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 89.65, a donchian channel low band of 89.65, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR BARRETT BUSINESS SERVICES, INC. (NASDAQ:BBSI): We calculated a Moving Average Convergence Divergence (MACD) of 0.0184, a MACD signal of 0.01022, a MACD difference of 0.00818, a fast Exponential Moving Average (EMA) indicator of 89.65, a slow Exponential Moving Average (EMA) indicator of 89.65, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.22759, a trix of 1.74817, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of -2.23528, a KST Oscillator (KST) of 25.57094 and a KST Oscillator (KST Signal) of 25.57094 (leaving a KST difference of 2.34514). We also found an Ichimoku rating of 90.76115, an Ichimoku B rating of 90.76115, a Ichimoku visual trend A of 89.42169, an Ichimoku visual trend B of 90.10354, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0.

MOMENTUM INDICATORS FOR BARRETT BUSINESS SERVICES, INC. (NASDAQ:BBSI): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 85.14442, a stochastic oscillator of 127.04014, a stochastic oscillator signal of 127.04014, a Williams %R rating of 27.04014 and an awesome oscillator of 0.06114.

RETURNS FOR BARRETT BUSINESS SERVICES, INC. (NASDAQ:BBSI): There was a daily return of 2.55709, a daily log return of 0.91051 and a cumulative return of 0.91467.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2020-01-06 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Barrett Business Services, Inc. (NASDAQ:BBSI)…

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Barrett Business Services, Inc. (NASDAQ:BBSI) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.