ATLANTA BRAVES HOLDINGS IN-A (BATRA) Stock Technical Analysis
NASDAQ:BATRA - US0477261046 - Common Stock
47.505 USD
+0.08 (+0.16%)
47.505 USD
0 (0%)
Taking everything into account, BATRA scores 6 out of 10 in our technical rating. 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 term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
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.
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 55% of all stocks.
BATRA is an average performer in the Entertainment industry, it outperforms 51% of 79 stocks in the same industry.
In the last month BATRA has a been trading in a tight range between 45.91 and 48.15.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, BATRA does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 47.10, a Stop Loss order could be placed below this zone.
More info and screens
39.67
50.78
5 important support areas can be observed.
- A support zone ranging from 46.09 to 47.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @44.97 from a trend line in the weekly time frame.
- Support @41.96 from a horizontal line in the daily time frame.
- Support @41.27 from a horizontal line in the weekly time frame.
- A support zone ranging from 40.07 to 40.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 49.81 to 50.28. 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 | NEUTRAL | NEUTRAL | The short term trend for BATRA is neutral. |
| ChartMill Relative Strength | 55.63 | 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 | MIXED | The current price of BATRA is below 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) | 51.91 | NEUTRAL | The RSI value for BATRA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests BATRA has a positive trend. |
| Stochastics (14,3) | 66.89 | NEUTRAL | The Stochastics value for BATRA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.78 | LOW VOLATILITY | The low ATR as a percentage value for BATRA suggests low volalility. |
| Average Directional Index/ADX (14) | 23.74 | NEUTRAL | The ADX value for BATRA suggests a possible start of a new 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 |
|---|---|---|---|
| 48.16 | 46.08 | 2.08 (4.32%) | 23.15% |
| An entry @48.16. This is a Buy Stop order right above the 10 day high. | An exit @46.08. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.08 points, which is 4.32%. | When investing 23.15% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
47.505
+0.08 (+0.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg0.16%
1 Week-0.26%
2 Weeks2.21%
1 Month1.83%
3 Month9.33%
6 Month7.65%
12 Month4.18%
2 Year13.54%
3 Year69.06%
5 Year142.5%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.79
ATR(20)%1.78%
ATR Inc4.56%
Range Today0.88
ADR(20)0.83
ADR(20)%1.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.63
Mansfield-0.1
10 Day High48.15
10 Day Low45.91
20 Day High48.15
20 Day Low45.91
52 Week High50.5
52 Week Low38.67
CS1 End47.1
CR1 Start49.81
Volume & EV
DER(3)1.9%
DER(5)0.26%
Volume23.50K
Volume Incr-35.1%
Vol(5)22.44K
Vol(50)51.16K