BATRA Technical Analysis - ATLANTA BRAVES HOLDINGS IN-A

Technical Rating and Analysis

We assign a technical rating of 0 out of 10 to BATRA. BATRA'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.

69% of all other stocks performed better in the past year than BATRA.

BATRA is one of the lesser performing stocks in the Entertainment industry. 62% of 80 stocks in the same industry do better.

In the last month BATRA has a been trading in the 44.98 - 48.15 range, which is quite wide. It is currently trading near the lows of this range.

The short term trend is negative, the long term trend is neutral. Not much exciting going on here.

BATRA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BATRA is lagging the market.

Volume is considerably higher in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

ATLANTA BRAVES HOLDINGS IN-A / BATRA Weekly stock chart

ATLANTA BRAVES HOLDINGS IN-A / BATRA Daily stock chart

Setup Rating and Analysis

BATRA has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 45.68, a Stop Loss order could be placed below this zone.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

39.67

50.79

We found 2 important support areas.

A support zone ranging from 45.45 to 45.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A support zone ranging from 40.07 to 40.49. 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 49.82 to 50.29. This zone is formed by a combination of multiple trend lines in multiple time frames.

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What is Support and Resistance

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Technical Indicator Signal Analysis

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	DOWN	NEGATIVE	The short term trend for BATRA is down.
ChartMill Relative Strength	31.69	NEUTRAL	BATRA is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of BATRA is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of BATRA is below a declining 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)	45.38	NEUTRAL	The RSI value for BATRA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.01	POSITIVE	The MACD value suggests BATRA has a positive trend.
Stochastics (14,3)	30.34	NEUTRAL	The Stochastics value for BATRA is a neutral value.
Average True Range in percent/ATR (20)	1.84	LOW VOLATILITY	The low ATR as a percentage value for BATRA suggests low volalility.
Average Directional Index/ADX (14)	18.88	NEGATIVE	The low ADX value for BATRA suggests a weak or negative trend.