BALLY'S CORP (BALY) Technical Analysis
NYSE:BALY • US05875B3042
Current stock price
BALY Technical Rating and Analysis
Taking everything into account, BALY scores 0 out of 10 in our technical rating. BALY'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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, BALY is a bad performer in the overall market: 91% of all stocks are doing better.
- BALY is one of the lesser performing stocks in the Hotels, Restaurants & Leisure industry. 84% of 126 stocks in the same industry do better.
- BALY is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BALY is lagging the market.
- In the last month BALY has a been trading in the 9.08 - 13.54 range, which is quite wide. It is currently trading near the lows of this range.
BALY Weekly and Daily overview Charts
BALY Setup Rating and Analysis
The technical rating of BALY is bad and it also does not present a quality setup 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
BALY Support and Resistance Analysis
9.13
We found 1 important support area.
- Support @9.22 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @13.09 from a trend line in the daily time frame.
- Resistance @15.51 from a trend line in the weekly time frame.
BALY 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 | DOWN | NEGATIVE | The long term trend for BALY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BALY is down. |
| ChartMill Relative Strength | 9.18 | NEGATIVE | BALY has a low relative strength, it was outperformed by 90.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BALY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BALY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of BALY is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 35.61 | NEUTRAL | The RSI value for BALY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests BALY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16 | OVERSOLD | The low Stochastics value suggests BALY may be oversold. |
| Average True Range in percent/ATR (20) | 8.02 | HIGH VOLATILITY | The high ATR as a percentage value for BALY suggests high volalility. |
| Average Directional Index/ADX (14) | 29.28 | POSITIVE | The high ADX value value for BALY suggests a strong trend. |
BALY Chart- and CandleStick Pattern Analysis
BALY Technicals: Chart, Performance Metrics, Trend & Indicators
10.38
+0.73 (+7.56%)
BALLY'S CORP / BALY TA FAQ
What is the ChartMill technical rating of BALLY'S CORP (BALY) stock?
ChartMill assigns a technical rating of 0 / 10 to BALY.
Can you provide the trend direction for BALLY'S CORP?
The current trend direction for BALLY'S CORP (BALY) is Bearish.
Can you provide the RSI signal for BALLY'S CORP?
BALLY'S CORP (BALY) has an RSI value of 35.6105. This indicates that the stock is currently neutral.
What is the MACD signal for BALY stock?
The MACD indicator for BALLY'S CORP (BALY) has a value of -0.14439, indicating a bearish trend.
Can you provide the buy/sell signal for BALLY'S CORP?
The buy/sell signal for BALLY'S CORP (BALY) is sell as both the short term and long term trends are negative.