GRANITESH 2XLNG BABA ETF-USD (BABX) Stock Technical Analysis
NASDAQ:BABX • US38747R8685
Overall BABX gets a technical rating of 0 out of 10. BABX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- When comparing the yearly performance of all stocks, BABX is a bad performer in the overall market: 77% of all stocks are doing better.
- In the last month BABX has a been trading in the 37.52 - 53.35 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- BABX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BABX is lagging the market.
The technical rating of BABX is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
30.64
3 important support areas can be observed.
- Support @37.79 from a horizontal line in the weekly time frame.
- Support @35.88 from a horizontal line in the daily time frame.
- Support @30.95 from a trend line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 39.14 to 39.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 42.01 to 42.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 44.61 to 45.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @48.22 from a trend line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for BABX is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BABX is down. |
| ChartMill Relative Strength | 23.02 | NEGATIVE | BABX has a low relative strength, it was outperformed by 76.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BABX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BABX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BABX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.97 | NEUTRAL | The RSI value for BABX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.87 | NEGATIVE | The MACD value suggests BABX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 9.79 | OVERSOLD | The low Stochastics value suggests BABX may be oversold. |
| Average True Range in percent/ATR (20) | 8.02 | HIGH VOLATILITY | The high ATR as a percentage value for BABX suggests high volalility. |
| Average Directional Index/ADX (14) | 16.02 | NEGATIVE | The low ADX value for BABX suggests a weak or negative trend. |
NASDAQ:BABX (2/19/2026, 3:46:54 PM)
38.42
-0.71 (-1.81%)
GRANITESH 2XLNG BABA ETF-USD / BABX FAQ
Can you provide the ChartMill technical rating for GRANITESH 2XLNG BABA ETF-USD?
ChartMill assigns a technical rating of 0 / 10 to BABX.
What is the current trend direction of GRANITESH 2XLNG BABA ETF-USD (BABX) stock?
The current trend direction for GRANITESH 2XLNG BABA ETF-USD (BABX) is Bearish.
What is the RSI signal for BABX stock?
GRANITESH 2XLNG BABA ETF-USD (BABX) has an RSI value of 40.9716. This indicates that the stock is currently neutral.
Can you provide the short term momentum for GRANITESH 2XLNG BABA ETF-USD?
The short term momentum for GRANITESH 2XLNG BABA ETF-USD (BABX) is negative.
Can you provide the support and resistance levels for GRANITESH 2XLNG BABA ETF-USD?
GRANITESH 2XLNG BABA ETF-USD (BABX) has a support level at 37.79 and a resistance level at 39.14. Check the full technical report for our detailed analysis of BABX support and resistance levels.