With approximately 955 stores across the United States, Puerto Rico, Canada, and the District of Columbia, including over 769 Bed Bath & Beyond stores, the company has established a strong presence in the industry. is a retailer that offers a wide range of products in the home, baby, beauty, and wellness markets through various channels. More About Bed Bath & Beyond Inc (NASDAQ: BBBY)īed Bath & Beyond Inc. These short-body candlesticks may indicate a period of consolidation in BBBY stock price. These short-body candlesticks indicate that the open and close prices of the BBBY stock price were quite close to each other. The position of these candles near the support, the cluster of candles of ten predicts the onset of high volatility. The formation of a series of small body candlesticks with narrow high and low ranges indicates a period of low volatility. However, after making its new 52-week low, the BBBY stock price is trying to rise again with the support of accumulated buyers in the market as can be seen over the daily time frame chart. But it failed as the selling pressure was more than the buying pressure in the market. However, after the start of 2023, BBBY stock price tried twice to break out from its bear market with the support of active buyers in the market. This also shows that the traders are aggressively making short positions for the Bed Bath & Beyond stock price in the market. This indicates that the bears are in total control of the market and are not giving any chance to the buyers to lift up BBBY price. After making its 52-week high of $30.00 in August 2022, the Bed Bath & Beyond stock price has been in a constant bearish trend.
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