ATLANTA BRAVES HOLDINGS IN-A (BATRA) Stock Technical Analysis
NASDAQ:BATRA • US0477261046
Overall BATRA gets a technical rating of 7 out of 10. In the last year, BATRA was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- BATRA is one of the better performing stocks in the Entertainment industry, it outperforms 73% of 80 stocks in the same industry.
- BATRA is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BATRA is lagging the market slightly.
- In the last month BATRA has a been trading in the 42.29 - 48.59 range, which is quite wide. It is currently trading near the high of this range.
- 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 63% of all stocks.
Although BATRA has an excellent technical rating, it does not offer a high quality setup 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
39.89
When analyzing the support we can see 3 important areas.
- A support zone ranging from 43.16 to 43.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 41.28 to 42.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @40.29 from a horizontal line in the weekly time frame.
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 BATRA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BATRA is up. |
| ChartMill Relative Strength | 63.1 | 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) | 73.58 | OVERBOUGHT | The high RSI value suggests BATRA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.35 | POSITIVE | The MACD value suggests BATRA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.42 | OVERBOUGHT | The high Stochastics value suggests BATRA may be overbought. |
| Average True Range in percent/ATR (20) | 2.3 | MEDIUM VOLATILITY | The ATR as a percentage value for BATRA suggests some volalility. |
| Average Directional Index/ADX (14) | 30.16 | POSITIVE | The high ADX value value for BATRA suggests a strong trend. |
47.78
+0.59 (+1.25%)
ATLANTA BRAVES HOLDINGS IN-A / BATRA FAQ
Can you provide the ChartMill technical rating for ATLANTA BRAVES HOLDINGS IN-A?
ChartMill assigns a technical rating of 7 / 10 to BATRA.
What is the trend direction for BATRA stock?
The current trend direction for ATLANTA BRAVES HOLDINGS IN-A (BATRA) is Bearish.
What is the RSI signal for ATLANTA BRAVES HOLDINGS IN-A (BATRA) stock?
ATLANTA BRAVES HOLDINGS IN-A (BATRA) has an RSI value of 73.5782. This indicates that the stock is currently overbought.
What is the MACD signal for ATLANTA BRAVES HOLDINGS IN-A (BATRA) stock?
The MACD indicator for ATLANTA BRAVES HOLDINGS IN-A (BATRA) has a value of 0.351891, indicating a bearish trend.