ISHRS AI IN AND TECH ACT ETF (BAI) Technical Analysis
NYSEARCA:BAI • US09290C7801
Current stock price
BAI Technical Rating and Analysis
Taking everything into account, BAI scores 4 out of 10 in our technical rating. Although BAI is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- When comparing the yearly performance of all stocks, we notice that BAI is one of the better performing stocks in the market, outperforming 85% of all stocks.
- BAI is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so BAI is performing more or less in line with the market.
- BAI has an average volume of 1851770 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- In the last month BAI has a been trading in the 32.14 - 36.27 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
BAI Weekly and Daily overview Charts
BAI Setup Rating and Analysis
BAI has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 33.99. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 33.30, a Stop Loss order could be placed below this zone.
More info and screens
BAI Support and Resistance Analysis
31.25
3 important support areas can be observed.
- Support @33.30 from a horizontal line in the daily time frame.
- A support zone ranging from 32.46 to 32.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @31.57 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 33.99 to 35.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 35.70 to 35.80. This zone is formed by a combination of multiple trend lines in the daily time frame.
BAI 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 | NEUTRAL | NEUTRAL | The long term trend for BAI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BAI is neutral. |
| ChartMill Relative Strength | 85.02 | POSITIVE | BAI has a high relative strength, it outperformed 85.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BAI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BAI is below a declining 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) | 45.48 | NEUTRAL | The RSI value for BAI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests BAI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 65.99 | NEUTRAL | The Stochastics value for BAI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.63 | MEDIUM VOLATILITY | The ATR as a percentage value for BAI suggests some volalility. |
| Average Directional Index/ADX (14) | 17.86 | NEGATIVE | The low ADX value for BAI suggests a weak or negative trend. |
BAI Chart- and CandleStick Pattern Analysis
BAI Technicals: Chart, Performance Metrics, Trend & Indicators
33.48
-1.5 (-4.29%)
ISHRS AI IN AND TECH ACT ETF / BAI TA FAQ
Can you provide the ChartMill technical rating for ISHRS AI IN AND TECH ACT ETF?
ChartMill assigns a technical rating of 4 / 10 to BAI.
What is the current trend direction of ISHRS AI IN AND TECH ACT ETF (BAI) stock?
The current trend direction for ISHRS AI IN AND TECH ACT ETF (BAI) is Bearish.
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 45.4817. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for ISHRS AI IN AND TECH ACT ETF?
ISHRS AI IN AND TECH ACT ETF (BAI) has a support level at 33.3 and a resistance level at 33.99. Check the full technical report for our detailed analysis of BAI support and resistance levels.