BAER Technical Analysis - JULIUS BAER GROUP LTD

Technical Rating and Analysis

We assign a technical rating of 7 out of 10 to BAER. BAER has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.

Both the short term and long term trends are positive. This is a very positive sign.

In the last month BAER has a been trading in the 53.54 - 58.88 range, which is quite wide. It is currently trading near the high of this range.

When comparing the performance of all stocks over the past year, BAER turns out to be only a medium performer in the overall market: it outperformed 67% of all stocks.

BAER is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BAER is lagging the market.

Considerably lower volume is observed in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

JULIUS BAER GROUP LTD / BAER Weekly stock chart

JULIUS BAER GROUP LTD / BAER Daily stock chart

Setup Rating and Analysis

BAER has an excellent technical rating, but the quality of the setup is only medium 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

45.53

60.12

When analyzing the support we can see 3 important areas.

A support zone ranging from 54.25 to 54.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A support zone ranging from 50.97 to 51.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @45.99 from a horizontal line in the weekly time frame.

We found 1 important resistance area.

Resistance @59.52 from a horizontal line in the daily time frame.

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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	UP	POSITIVE	The long term trend for BAER.S is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for BAER.S is up.
ChartMill Relative Strength	67.5	NEUTRAL	BAER.S is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of BAER.S is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of BAER.S is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of BAER.S is above the rising SMA(200).
Relative Strength Index/RSI (14)	64.12	NEUTRAL	The RSI value for BAER.S is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.14	POSITIVE	The MACD value suggests BAER.S has a positive trend, although the MACD value is declining.
Stochastics (14,3)	94.76	OVERBOUGHT	The high Stochastics value suggests BAER.S may be overbought.
Average True Range in percent/ATR (20)	1.63	LOW VOLATILITY	The low ATR as a percentage value for BAER.S suggests low volalility.
Average Directional Index/ADX (14)	30.02	POSITIVE	The high ADX value value for BAER.S suggests a strong trend.