BAOSHENG MEDIA GROUP HOLDING (BAOS) Stock Technical Analysis
NASDAQ:BAOS - KYG089081247 - Common Stock
3.21 USD
+0.36 (+12.63%)
3.08 USD
-0.13 (-4.05%)
Overall BAOS gets a technical rating of 5 out of 10. In the last year, BAOS was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
BAOS is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
BAOS is one of the better performing stocks in the Media industry, it outperforms 80% of 99 stocks in the same industry.
In the last month BAOS has a been trading in the 2.60 - 5.40 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the yearly performance of all stocks, we notice that BAOS is one of the better performing stocks in the market, outperforming 77% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
BAOS has an average technical rating and the quality of the presented setup is also not ideal 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
1.85
3.81
When analyzing the support we can see 3 important areas.
- A support zone ranging from 2.75 to 2.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.65 from a horizontal line in the daily time frame.
- A support zone ranging from 1.87 to 1.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 3.22 to 3.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 3.59 to 3.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.70 from a horizontal line in the weekly time frame.
- Resistance @3.77 from a horizontal line in the daily 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 | 77.06 | POSITIVE | BAOS has a high relative strength, it outperformed 77.06% 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 | POSITIVE | The current price of BAOS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.61 | NEUTRAL | The RSI value for BAOS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests BAOS has a positive trend. |
| Stochastics (14,3) | 19.82 | OVERSOLD | The low Stochastics value suggests BAOS may be oversold. |
| Average True Range in percent/ATR (20) | 9.95 | HIGH VOLATILITY | The high ATR as a percentage value for BAOS suggests high volalility. |
| Average Directional Index/ADX (14) | 33.53 | 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)
3.21
+0.36 (+12.63%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg12.63%
1 Week15.05%
2 Weeks17.15%
1 Month13.23%
3 Month-14.63%
6 Month39.57%
12 Month49.3%
2 Year-34.49%
3 Year-39.75%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.37
ATR(20)%9.95%
ATR Inc642.74%
Range Today2.8
ADR(20)0.31
ADR(20)%9.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.06
Mansfield1.64
10 Day High5.4
10 Day Low2.6
20 Day High5.4
20 Day Low2.6
52 Week High13.66
52 Week Low1.44
CS1 End2.83
CR1 Start3.22
Volume & EV
DER(3)4.31%
DER(5)2.76%
Volume32.55M
Volume Incr18201.45%
Vol(5)6.52M
Vol(50)693.86K