ALIBABA GROUP HOLDING-SP ADR (BABA) Technical Analysis
NYSE:BABA • US01609W1027
Current stock price
BABA Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to BABA. BABA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 75% of all other stocks performed better in the past year than BABA.
- BABA is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BABA is lagging the market.
- In the last month BABA has a been trading in the 117.93 - 139.22 range, which is quite wide. It is currently trading near the lows of this range.
- BABA has an average volume of 10613500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- BABA is part of the Broadline Retail industry. There are 30 other stocks in this industry, BABA did better than 44% of them.
BABA Weekly and Daily overview Charts
BABA Setup Rating and Analysis
Although the technical rating is bad, BABA does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 119.71, a Stop Loss order could be placed below this zone.
More info and screens
BABA Support and Resistance Analysis
118.51
We found 1 important support area.
- A support zone ranging from 119.71 to 119.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 136.86 to 137.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @163.06 from a trend line in the weekly time frame.
- Resistance @169.02 from a trend line in the daily time frame.
- Resistance @179.97 from a horizontal line in the daily time frame.
BABA 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 BABA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BABA is down. |
| ChartMill Relative Strength | 25.61 | NEGATIVE | BABA has a low relative strength, it was outperformed by 74.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BABA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BABA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of BABA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 31.87 | NEUTRAL | The RSI value for BABA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.28 | POSITIVE | The MACD value suggests BABA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 9.96 | OVERSOLD | The low Stochastics value suggests BABA may be oversold. |
| Average True Range in percent/ATR (20) | 3.47 | MEDIUM VOLATILITY | The ATR as a percentage value for BABA suggests some volalility. |
| Average Directional Index/ADX (14) | 35.11 | POSITIVE | The high ADX value value for BABA suggests a strong trend. |
BABA Chart- and CandleStick Pattern Analysis
BABA Technicals: Chart, Performance Metrics, Trend & Indicators
119.72
-2.59 (-2.12%)
ALIBABA GROUP HOLDING-SP ADR / BABA TA FAQ
Can you provide the ChartMill technical rating for ALIBABA GROUP HOLDING-SP ADR?
ChartMill assigns a technical rating of 0 / 10 to BABA.
What is the trend direction for BABA stock?
The current trend direction for ALIBABA GROUP HOLDING-SP ADR (BABA) is Bearish.
Can you provide the RSI signal for ALIBABA GROUP HOLDING-SP ADR?
ALIBABA GROUP HOLDING-SP ADR (BABA) has an RSI value of 31.8742. This indicates that the stock is currently neutral.
What is the buy/sell signal for BABA stock?
The buy/sell signal for ALIBABA GROUP HOLDING-SP ADR (BABA) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for ALIBABA GROUP HOLDING-SP ADR?
ALIBABA GROUP HOLDING-SP ADR (BABA) has a support level at 119.71 and a resistance level at 136.86. Check the full technical report for our detailed analysis of BABA support and resistance levels.