YIELDMAX BABA OPT INC ST ETF (BABO) Technical Analysis
NYSEARCA:BABO • US88636R1077
Current stock price
BABO Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to BABO. BABO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, BABO is a bad performer in the overall market: 91% of all stocks are doing better.
- BABO is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- In the last month BABO has a been trading in the 9.79 - 11.42 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BABO Weekly and Daily overview Charts
BABO Setup Rating and Analysis
BABO has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for BABO in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
BABO Support and Resistance Analysis
9.79
When analyzing the support we notice one important area.
- Support @9.89 from a horizontal line in the daily time frame.
6 important resistance areas can be observed.
- A resistance zone ranging from 10.55 to 10.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @10.74 from a trend line in the weekly time frame.
- Resistance @11.29 from a trend line in the daily time frame.
- Resistance @13.22 from a trend line in the daily time frame.
- Resistance @14.89 from a horizontal line in the daily time frame.
- Resistance @16.12 from a trend line in the weekly time frame.
BABO 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 BABO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BABO is down. |
| ChartMill Relative Strength | 9.8 | NEGATIVE | BABO has a low relative strength, it was outperformed by 90.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BABO is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BABO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BABO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.28 | NEUTRAL | The RSI value for BABO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests BABO has a positive trend. |
| Stochastics (14,3) | 65.97 | NEUTRAL | The Stochastics value for BABO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.86 | MEDIUM VOLATILITY | The ATR as a percentage value for BABO suggests some volalility. |
| Average Directional Index/ADX (14) | 37.22 | POSITIVE | The high ADX value value for BABO suggests a strong trend. |
BABO Chart- and CandleStick Pattern Analysis
BABO Technicals: Chart, Performance Metrics, Trend & Indicators
10.54
+0.22 (+2.13%)
YIELDMAX BABA OPT INC ST ETF / BABO TA FAQ
Can you provide the ChartMill technical rating for YIELDMAX BABA OPT INC ST ETF?
ChartMill assigns a technical rating of 0 / 10 to BABO.
What is the trend direction for BABO stock?
The current trend direction for YIELDMAX BABA OPT INC ST ETF (BABO) is Bearish.
What is the RSI signal for BABO stock?
YIELDMAX BABA OPT INC ST ETF (BABO) has an RSI value of 46.2828. This indicates that the stock is currently neutral.
What is the MACD signal for YIELDMAX BABA OPT INC ST ETF (BABO) stock?
The MACD indicator for YIELDMAX BABA OPT INC ST ETF (BABO) has a value of 0.115047, indicating a bearish trend.
What is the short term momentum for BABO stock?
The short term momentum for YIELDMAX BABA OPT INC ST ETF (BABO) is negative.