EBR:BALTA - Euronext Brussels - BE0974314461 - Common Stock - Currency: EUR
Overall BALTA gets a technical rating of 0 out of 10. BALTA'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.
Although the technical rating is bad, BALTA does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
1.35
When analyzing the support we notice one important area.
4 important resistance areas can be observed.
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 | DOWN | NEGATIVE | The long term trend for BALTA.BR is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BALTA.BR is down. |
ChartMill Relative Strength | 9.92 | NEGATIVE | BALTA.BR has a low relative strength, it was outperformed by 90.08% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BALTA.BR is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BALTA.BR is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BALTA.BR is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 37.57 | NEUTRAL | The RSI value for BALTA.BR is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests BALTA.BR has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 10.94 | OVERSOLD | The low Stochastics value suggests BALTA.BR may be oversold. |
Average True Range in percent/ATR (20) | 3.65 | MEDIUM VOLATILITY | The ATR as a percentage value for BALTA.BR suggests some volalility. |
Average Directional Index/ADX (14) | 38.75 | POSITIVE | The high ADX value value for BALTA.BR suggests a strong trend. |
EBR:BALTA (10/28/2022, 10:18:40 AM)
1.39
-0.01 (-0.71%)