ISHRS AI IN AND TECH ACT ETF (BAI) Stock Technical Analysis
USA - NYSEARCA:BAI - US09290C7801 - ETF
Overall BAI gets a technical rating of 8 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BAI is showing a nice and steady performance.
Although BAI has an excellent technical rating, it does not present a decent entry opportunity 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
29.90
3 important support areas can be observed.
- A support zone ranging from 34.56 to 34.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 33.77 to 33.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @30.20 from a horizontal 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 | UP | POSITIVE | The long term trend for BAI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BAI is neutral. |
| ChartMill Relative Strength | 84.44 | POSITIVE | BAI has a high relative strength, it outperformed 84.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BAI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BAI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BAI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.75 | NEUTRAL | The RSI value for BAI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests BAI has a negative trend. |
| Stochastics (14,3) | 40.48 | NEUTRAL | The Stochastics value for BAI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.82 | MEDIUM VOLATILITY | The ATR as a percentage value for BAI suggests some volalility. |
| Average Directional Index/ADX (14) | 15.95 | NEGATIVE | The low ADX value for BAI suggests a weak or negative trend. |
34.87
-0.28 (-0.8%)
ISHRS AI IN AND TECH ACT ETF / BAI FAQ
Can you provide the ChartMill technical rating for ISHRS AI IN AND TECH ACT ETF?
ChartMill assigns a technical rating of 8 / 10 to BAI.
Can you provide the trend direction for ISHRS AI IN AND TECH ACT ETF?
The current trend direction for ISHRS AI IN AND TECH ACT ETF (BAI) is Bullish.
What is the RSI signal for ISHRS AI IN AND TECH ACT ETF (BAI) stock?
ISHRS AI IN AND TECH ACT ETF (BAI) has an RSI value of 45.749. This indicates that the stock is currently neutral.
What is the MACD signal for ISHRS AI IN AND TECH ACT ETF (BAI) stock?
The MACD indicator for ISHRS AI IN AND TECH ACT ETF (BAI) has a value of -0.205438, indicating a bearish trend.