ATLANTA BRAVES HOLDINGS IN-A (BATRA) Stock Technical Analysis
NASDAQ:BATRA - Nasdaq - US0477261046 - Common Stock - Currency: USD
Overall BATRA gets a technical rating of 8 out of 10. Although BATRA is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
BATRA is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
BATRA is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
When comparing the performance of all stocks over the past year, BATRA turns out to be only a medium performer in the overall market: it outperformed 67% of all stocks.
BATRA is part of the Entertainment industry. There are 72 other stocks in this industry, BATRA did better than 56% of them.
BATRA has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 49.81. Right above this resistance zone may be a good entry point. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
39.67
50.66
When analyzing the support we can see 4 important areas.
- A support zone ranging from 45.61 to 46.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 43.18 to 43.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @41.96 from a horizontal line in the daily time frame.
- A support zone ranging from 40.07 to 40.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 49.81 to 50.16. 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 BATRA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BATRA is up. |
| ChartMill Relative Strength | 67.77 | NEUTRAL | BATRA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BATRA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BATRA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BATRA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.83 | NEUTRAL | The RSI value for BATRA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests BATRA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 64.53 | NEUTRAL | The Stochastics value for BATRA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.2 | MEDIUM VOLATILITY | The ATR as a percentage value for BATRA suggests some volalility. |
| Average Directional Index/ADX (14) | 35.64 | POSITIVE | The high ADX value value for BATRA 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 |
|---|---|---|---|
| 50.17 | 47.99 | 2.18 (4.35%) | 23.01% |
| An entry @50.17. This is a Buy Stop order right above the resistance zone. | An exit @47.99. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.18 points, which is 4.35%. | For a 1.00% total portfolio risk, you can invest 23.01% of your capital in this trade. |
- 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.
49.72
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg0%
1 Week0.83%
2 Weeks0.34%
1 Month7.34%
3 Month16.82%
6 Month23.44%
12 Month10.93%
2 Year5.03%
3 Year72.28%
5 Year162.93%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.99
ATR(20)%2.2%
ATR Inc-41.37%
Range Today0.62
ADR(20)1.08
ADR(20)%2.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.77
Mansfield0.52
10 Day High50.5
10 Day Low48
20 Day High50.5
20 Day Low46.5
52 Week High50.5
52 Week Low38.67
CS1 End46.76
CR1 Start49.81
Volume & EV
DER(3)-0.34%
DER(5)-0.64%
Volume42.10K
Volume Incr-31.83%
Vol(5)53.58K
Vol(50)62.41K