BAOSHENG MEDIA GROUP HOLDING (BAOS) Technical Analysis
NASDAQ:BAOS • KYG089081247
Current stock price
BAOS Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to BAOS. 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.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, BAOS is a bad performer in the overall market: 63% of all stocks are doing better.
- BAOS 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 BAOS is lagging the market.
- Warning: BAOS has an average volume of 18234 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- BAOS is part of the Media industry. There are 92 other stocks in this industry. BAOS outperforms 73% of them.
- In the last month BAOS has a been trading in the 2.55 - 2.83 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
BAOS Weekly and Daily overview Charts
BAOS Setup Rating and Analysis
BAOS has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
BAOS Support and Resistance Analysis
2.26
2 important support areas can be observed.
- A support zone ranging from 2.59 to 2.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 2.28 to 2.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 2.66 to 2.69. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @2.74 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 2.80 to 2.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.89 from a trend line in the daily time frame.
- Resistance @3.15 from a trend line in the weekly time frame.
BAOS 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 BAOS is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BAOS is neutral. |
| ChartMill Relative Strength | 37.76 | NEUTRAL | BAOS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BAOS is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of BAOS is below 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) | 47.46 | NEUTRAL | The RSI value for BAOS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests BAOS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 46.43 | NEUTRAL | The Stochastics value for BAOS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.88 | MEDIUM VOLATILITY | The ATR as a percentage value for BAOS suggests some volalility. |
| Average Directional Index/ADX (14) | 10.41 | NEGATIVE | The low ADX value for BAOS suggests a weak or negative trend. |
BAOS Chart- and CandleStick Pattern Analysis
BAOS Technicals: Chart, Performance Metrics, Trend & Indicators
2.64
-0.04 (-1.49%)
BAOSHENG MEDIA GROUP HOLDING / BAOS TA FAQ
Can you provide the ChartMill technical rating for BAOSHENG MEDIA GROUP HOLDING?
ChartMill assigns a technical rating of 2 / 10 to BAOS.
What is the trend direction for BAOS stock?
The current trend direction for BAOSHENG MEDIA GROUP HOLDING (BAOS) is Bearish.
What is the RSI signal for BAOSHENG MEDIA GROUP HOLDING (BAOS) stock?
BAOSHENG MEDIA GROUP HOLDING (BAOS) has an RSI value of 47.456. This indicates that the stock is currently neutral.
What is the short term momentum for BAOSHENG MEDIA GROUP HOLDING (BAOS) stock?
The short term momentum for BAOSHENG MEDIA GROUP HOLDING (BAOS) is neutral.
Can you provide the support and resistance levels for BAOSHENG MEDIA GROUP HOLDING?
BAOSHENG MEDIA GROUP HOLDING (BAOS) has a support level at 2.67 and a resistance level at 2.74. Check the full technical report for our detailed analysis of BAOS support and resistance levels.