USA - NYSEARCA:BATL - US07134L1070 - Common Stock
We assign a technical rating of 1 out of 10 to BATL. BATL's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
BATL has a poor technical rating and the quality of the setup is also 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.
1.03
We found 1 important support area.
2 important resistance areas can be observed.
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 BATL is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BATL is neutral. |
| ChartMill Relative Strength | 3.59 | NEGATIVE | BATL has a low relative strength, it was outperformed by 96.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BATL is above a declining 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) | DOWN | NEGATIVE | The current price of BATL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.54 | NEUTRAL | The RSI value for BATL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests BATL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 54.9 | NEUTRAL | The Stochastics value for BATL is a neutral value. |
| Average True Range in percent/ATR (20) | 7.44 | HIGH VOLATILITY | The high ATR as a percentage value for BATL suggests high volalility. |
| Average Directional Index/ADX (14) | 13.78 | NEGATIVE | The low ADX value for BATL suggests a weak or negative trend. |
1.2
-0.09 (-6.98%)
ChartMill assigns a technical rating of 1 / 10 to BATL.
The current trend direction for BATTALION OIL CORP (BATL) is Bearish.
BATTALION OIL CORP (BATL) has an RSI value of 52.5414. This indicates that the stock is currently neutral.
The MACD indicator for BATTALION OIL CORP (BATL) has a value of 0.0141391, indicating a bearish trend.