BAOSHENG MEDIA GROUP HOLDING (BAOS) Stock Technical Analysis
NASDAQ:BAOS - Nasdaq - KYG089081247 - Common Stock - Currency: USD
Overall BAOS gets a technical rating of 4 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. BAOS was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, BAOS is a bad performer in the overall market: 86% of all stocks are doing better.
BAOS is one of the lesser performing stocks in the Media industry. 62% of 96 stocks in the same industry do better.
BAOS is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so BAOS is lagging the market.
In the last month BAOS has a been trading in the 1.54 - 8.30 range, which is quite wide. It is currently trading near the lows of this range.
BAOS has an average volume of 1002240 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.
Considerably lower volume is observed in the last couple of days.
BAOS has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for BAOS in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.72
3.74
When analyzing the support we can see 2 important areas.
- A support zone ranging from 2.25 to 2.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.74 to 1.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
6 important resistance areas can be observed.
- A resistance zone ranging from 2.38 to 2.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.45 from a horizontal line in the weekly time frame.
- Resistance @2.53 from a trend line in the daily time frame.
- Resistance @2.69 from a horizontal line in the daily time frame.
- Resistance @3.39 from a trend line in the weekly time frame.
- Resistance @3.70 from a horizontal line in the weekly time frame.
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 BAOS is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BAOS is neutral. |
| ChartMill Relative Strength | 14.42 | NEGATIVE | BAOS has a low relative strength, it was outperformed by 85.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BAOS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BAOS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of BAOS is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.03 | NEUTRAL | The RSI value for BAOS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests BAOS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 8.56 | OVERSOLD | The low Stochastics value suggests BAOS may be oversold. |
| Average True Range in percent/ATR (20) | 23.36 | HIGH VOLATILITY | The high ATR as a percentage value for BAOS suggests high volalility. |
| Average Directional Index/ADX (14) | 51.29 | POSITIVE | The high ADX value value for BAOS suggests a strong trend. |
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)
2.38
+0.12 (+5.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg5.31%
1 Week-0.83%
2 Weeks23.32%
1 Month26.6%
3 Month-25.86%
6 Month28.86%
12 Month-31.21%
2 Year-58.68%
3 Year-71.05%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.72
ATR(20)%23.36%
ATR Inc-73.05%
Range Today0.23
ADR(20)0.55
ADR(20)%23.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.42
Mansfield-0.14
10 Day High8.3
10 Day Low1.93
20 Day High8.3
20 Day Low1.54
52 Week High13.66
52 Week Low1.44
CS1 End2.27
CR1 Start2.38
Volume & EV
DER(3)0.21%
DER(5)4.55%
Volume35.01K
Volume Incr-97.74%
Vol(5)49.06K
Vol(50)1.00M