BAOSHENG MEDIA GROUP HOLDING (BAOS) Stock Technical Analysis
USA - NASDAQ:BAOS - KYG089081247 - Common Stock
3.5 USD
-0.27 (-7.16%)
3.53 USD
+0.03 (+0.86%)
We assign a technical rating of 10 out of 10 to BAOS. Both in the recent history as in the last year, BAOS has proven to be a steady performer, scoring decent points in every aspect analyzed.
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.
In the last month BAOS has a been trading in the 3.13 - 5.22 range, which is quite wide. It is currently trading near the lows of this range.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, BAOS did better than 91% of all other stocks.
BAOS is one of the better performing stocks in the Media industry, it outperforms 96% of 94 stocks in the same industry.
BAOS has an average volume of 1359350 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
BAOS has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 3.20, a Stop Loss order could be placed below this zone. 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
1.90
4.00
4 important support areas can be observed.
- A support zone ranging from 3.16 to 3.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.98 from a trend line in the daily time frame.
- Support @2.65 from a horizontal line in the daily time frame.
- Support @1.92 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 3.93 to 3.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for BAOS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BAOS is up. |
| ChartMill Relative Strength | 91.15 | POSITIVE | BAOS has a high relative strength, it outperformed 91.15% off all stocks 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 | 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) | 49.75 | NEUTRAL | The RSI value for BAOS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests BAOS has a negative trend. |
| Stochastics (14,3) | 28.09 | NEUTRAL | The Stochastics value for BAOS is a neutral value. |
| Average True Range in percent/ATR (20) | 11.85 | HIGH VOLATILITY | The high ATR as a percentage value for BAOS suggests high volalility. |
| Average Directional Index/ADX (14) | 53.98 | 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 3.97 | 3.26 | 0.71 (17.88%) | 5.59% |
| An entry @3.97. This is a Buy Stop order right above the resistance zone. | An exit @3.26. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.71 points, which is 17.88%. | When investing 5.59% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of BAOS. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
3.5
-0.27 (-7.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg-7.16%
1 Week-10.71%
2 Weeks3.86%
1 Month0.86%
3 Month25%
6 Month105.88%
12 Month62.41%
2 Year-15.46%
3 Year-32.69%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.48
ATR(20)%11.85%
ATR Inc-44.23%
Range Today0.22
ADR(20)0.35
ADR(20)%9.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.15
Mansfield2
10 Day High5.22
10 Day Low3.27
20 Day High5.22
20 Day Low3.13
52 Week High13.66
52 Week Low1.44
CS1 End3.2
CR1 Start3.93
Volume & EV
DER(3)-2.29%
DER(5)4.29%
Volume26.00K
Volume Incr-96.28%
Vol(5)61.08K
Vol(50)1.36M