Barrett Business Services Stock Technical Analysis

BBSI Stock  USD 120.16  1.16  0.97%   
As of the 18th of March 2024, Barrett Business shows the Mean Deviation of 1.05, risk adjusted performance of 0.0499, and Downside Deviation of 1.51. Barrett Business Services technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We are able to interpolate and collect nineteen technical drivers for Barrett Business Services, which can be compared to its rivals. Please confirm Barrett Business Services treynor ratio, as well as the relationship between the downside variance and kurtosis to decide if Barrett Business Services is priced correctly, providing market reflects its regular price of 120.16 per share. Given that Barrett Business has jensen alpha of (0.05), we suggest you to validate Barrett Business Services's prevailing market performance to make sure the company can sustain itself at a future point.

Barrett Business Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Barrett, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Barrett
  
Barrett Business' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Barrett Business Analyst Consensus

Target PriceAdvice# of Analysts
118.25Strong Buy4Odds
Barrett Business Services current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Barrett analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Barrett stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Barrett Business Services, talking to its executives and customers, or listening to Barrett conference calls.
Barrett Analyst Advice Details
Barrett Business technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Barrett Business technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Barrett Business trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Barrett Business Services Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Barrett Business Services volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Barrett Business Services Trend Analysis

Use this graph to draw trend lines for Barrett Business Services. You can use it to identify possible trend reversals for Barrett Business as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Barrett Business price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Barrett Business Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Barrett Business Services applied against its price change over selected period. The best fit line has a slop of   0.09  , which means Barrett Business Services will continue generating value for investors. It has 122 observation points and a regression sum of squares at 275.29, which is the sum of squared deviations for the predicted Barrett Business price change compared to its average price change.

About Barrett Business Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Barrett Business Services on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Barrett Business Services based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Barrett Business Services price pattern first instead of the macroeconomic environment surrounding Barrett Business Services. By analyzing Barrett Business's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Barrett Business's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Barrett Business specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Operating Cycle92.19106.1561.2347.47
Dividend Yield0.01720.01260.01020.0182

Barrett Business March 18, 2024 Technical Indicators

Most technical analysis of Barrett help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Barrett from various momentum indicators to cycle indicators. When you analyze Barrett charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Barrett Business March 18, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Barrett stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether Barrett Business Services offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Barrett Business' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Barrett Business Services Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Barrett Business Services Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Barrett Business Services. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

Complementary Tools for Barrett Stock analysis

When running Barrett Business' price analysis, check to measure Barrett Business' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Barrett Business is operating at the current time. Most of Barrett Business' value examination focuses on studying past and present price action to predict the probability of Barrett Business' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Barrett Business' price. Additionally, you may evaluate how the addition of Barrett Business to your portfolios can decrease your overall portfolio volatility.
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Is Barrett Business' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Barrett Business. If investors know Barrett will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Barrett Business listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.509
Dividend Share
1.2
Earnings Share
7.39
Revenue Per Share
158.863
Quarterly Revenue Growth
0.1
The market value of Barrett Business Services is measured differently than its book value, which is the value of Barrett that is recorded on the company's balance sheet. Investors also form their own opinion of Barrett Business' value that differs from its market value or its book value, called intrinsic value, which is Barrett Business' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Barrett Business' market value can be influenced by many factors that don't directly affect Barrett Business' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Barrett Business' value and its price as these two are different measures arrived at by different means. Investors typically determine if Barrett Business is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Barrett Business' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.