NYSEARCA:BALT - NYSE Arca - US45783Y8553 - ETF - Currency: USD
Taking everything into account, BALT scores 6 out of 10 in our technical rating. Although BALT has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
Although the technical rating is only medium, BALT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 31.49. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 31.33, a Stop Loss order could be placed below this zone.
29.72
When analyzing the support we notice one important area.
We found 1 important resistance area.
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
31.46 | 30.80 | 0.66 (2.10%) | 25.00% |
An entry @31.46. This is a Buy Stop order right above the 10 day high. | An exit @30.80. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.66 points, which is 2.10%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.52%. |
NYSEARCA:BALT (4/30/2025, 8:04:01 PM)
31.4
-0.01 (-0.03%)