BASF SPONS. ADR 1/4 (BASA.DE) Stock Technical Analysis
FRA:BASA -
17
-0.5 (-2.86%)
Overall BASA gets a technical rating of 4 out of 10. In the last year, BASA was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
When comparing the yearly performance of all stocks, BASA is a bad performer in the overall market: 86% of all stocks are doing better.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Warning: BASA has an average volume of 882 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month BASA has a been trading in the 14.60 - 17.50 range, which is quite wide. It is currently trading near the high of this range.
BASA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BASA is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
BASA has an average technical rating and also the quality of the setup is only medium 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
14.26
18.79
When analyzing the support we can see 3 important areas.
- A support zone ranging from 15.86 to 16.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 14.80 to 14.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.40 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- Resistance @17.02 from a trend line in the weekly time frame.
- Resistance @17.48 from a trend line in the daily time frame.
- A resistance zone ranging from 18.40 to 18.60. 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 | NEUTRAL | NEUTRAL | The long term trend for BASA.DE is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BASA.DE is up. |
| ChartMill Relative Strength | 14.89 | NEGATIVE | BASA.DE has a low relative strength, it was outperformed by 85.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BASA.DE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BASA.DE is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BASA.DE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.95 | NEUTRAL | The RSI value for BASA.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests BASA.DE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.41 | OVERBOUGHT | The high Stochastics value suggests BASA.DE may be overbought. |
| Average True Range in percent/ATR (20) | 2.65 | MEDIUM VOLATILITY | The ATR as a percentage value for BASA.DE suggests some volalility. |
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)
FRA:BASA (2/25/2021, 7:00:00 PM)
17
-0.5 (-2.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.86%
1 Week13.33%
2 Weeks12.58%
1 Month13.33%
3 Month3.66%
6 Month5.59%
12 Month-13.27%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.52
ATR(20)%2.65%
ATR Inc16.67%
Range Today0
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.89
Mansfield-2.37
10 Day High17.5
10 Day Low14.9
20 Day High17.5
20 Day Low14.6
52 Week High20.6
52 Week Low14.4
CS1 End16.19
CR1 Start17.02
Volume & EV
DER(3)0%
DER(5)0%
Volume80
Volume Incr-24.76%
Vol(5)486
Vol(50)882.92