BALLY'S CORP (BALY) Technical Analysis
NYSE:BALY • US05875B3042
Current stock price
12.69 USD
-0.34 (-2.61%)
At close:
12.6111 USD
-0.08 (-0.62%)
After Hours:
BALY Technical Rating and Analysis
Overall BALY gets a technical rating of 0 out of 10. 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: 85% of all stocks are doing better.
- BALY is part of the Hotels, Restaurants & Leisure industry. There are 126 other stocks in this industry, of which 68% are performing better than BALY.
- In the last month BALY has a been trading in the 12.07 - 15.37 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- BALY is currently trading in the middle 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 slightly.
BALY Weekly and Daily overview Charts
BALY Setup Rating and Analysis
Although the technical rating is bad, BALY does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
BALY Support and Resistance Analysis
12.55
16.27
When analyzing the support we notice one important area.
- A support zone ranging from 12.68 to 12.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @14.17 from a trend line in the daily time frame.
- Resistance @16.11 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 | 15.17 | NEGATIVE | BALY has a low relative strength, it was outperformed by 84.83% 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) | 39.02 | NEUTRAL | The RSI value for BALY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests BALY has a negative trend. |
| Stochastics (14,3) | 28.69 | NEUTRAL | The Stochastics value for BALY is a neutral value. |
| Average True Range in percent/ATR (20) | 8.25 | HIGH VOLATILITY | The high ATR as a percentage value for BALY suggests high volalility. |
| Average Directional Index/ADX (14) | 10.46 | NEGATIVE | The low ADX value for BALY suggests a weak or negative trend. |
BALY Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
BALY Technicals: Chart, Performance Metrics, Trend & Indicators
12.69
-0.34 (-2.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-2.61%
1 Week-7.84%
2 Weeks-10.76%
1 Month-6.9%
3 Month-20.84%
6 Month27.92%
12 Month-24.78%
2 Year-8.97%
3 Year-34.99%
5 Year-80.47%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.08
ATR(20)%8.25%
ATR Inc-33.52%
Range Today0.89
ADR(20)1.01
ADR(20)%7.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.17
3 months CRS18.04
6 months CRS89.94
Mansfield-0.86
10 Day High15.37
10 Day Low12.07
20 Day High15.37
20 Day Low12.07
52 Week High20.74
52 Week Low8.46
CS1 End12.68
CR1 Start14.17
Volume & EV
DER(3)-1.27%
DER(5)-1.96%
Volume79.90K
Volume Incr32.26%
Vol(5)127.84K
Vol(50)91.94K
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.
What is the trend direction for BALY stock?
The current trend direction for BALLY'S CORP (BALY) is Bearish.
What is the RSI signal for BALLY'S CORP (BALY) stock?
BALLY'S CORP (BALY) has an RSI value of 39.0233. This indicates that the stock is currently neutral.
What is the short term momentum for BALLY'S CORP (BALY) stock?
The short term momentum for BALLY'S CORP (BALY) is negative.
What is the buy/sell signal for BALLY'S CORP (BALY) stock?
The buy/sell signal for BALLY'S CORP (BALY) is sell as both the short term and long term trends are negative.