NYSEARCA:BATL • US07134L1070
We assign a technical rating of 9 out of 10 to BATL. Both in the recent history as in the last year, BATL has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although BATL has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
11.68
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 BATL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BATL is up. |
| ChartMill Relative Strength | 99.88 | POSITIVE | BATL has a high relative strength, it outperformed 99.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BATL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BATL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BATL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 88.4 | OVERBOUGHT | The high RSI value suggests BATL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.58 | POSITIVE | The MACD value suggests BATL has a positive trend. |
| Stochastics (14,3) | 76.31 | NEUTRAL | The Stochastics value for BATL is a neutral value. |
| Average True Range in percent/ATR (20) | 9.37 | HIGH VOLATILITY | The high ATR as a percentage value for BATL suggests high volalility. |
| Average Directional Index/ADX (14) | 49.11 | POSITIVE | The high ADX value value for BATL suggests a strong trend. |
11.8
+6.28 (+113.77%)
ChartMill assigns a technical rating of 9 / 10 to BATL.
The current trend direction for BATTALION OIL CORP (BATL) is Bullish.
BATTALION OIL CORP (BATL) has an RSI value of 88.4018. This indicates that the stock is currently overbought.
The short term momentum for BATTALION OIL CORP (BATL) is positive.
The buy/sell signal for BATTALION OIL CORP (BATL) is buy as both the short term and long term trends are positive.