ATLANTA BRAVES HOLDINGS IN-A (BATRA) Stock Technical Analysis
NASDAQ:BATRA - Nasdaq - US0477261046 - Common Stock - Currency: USD
Overall BATRA gets a technical rating of 6 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BATRA is only an average performer.
In the last month BATRA has a been trading in the 42.88 - 45.46 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When compared to the yearly performance of all other stocks, BATRA outperforms 55% of them, which is more or less in line with the market.
BATRA is part of the Entertainment industry. There are 71 other stocks in this industry, BATRA did better than 57% of them.
BATRA is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BATRA is lagging the market slightly.
BATRA has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 43.31, a Stop Loss order could be placed below this zone.
More info and screens
38.77
46.71
We found 3 important support areas.
- A support zone ranging from 42.69 to 43.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 39.88 to 40.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 39.16 to 39.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 43.93 to 44.53. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 46.20 to 46.25. 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 | 55.49 | NEUTRAL | BATRA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BATRA is below 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) | DOWN | MIXED | The current price of BATRA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.17 | NEUTRAL | The RSI value for BATRA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests BATRA has a negative trend. |
| Stochastics (14,3) | 18.64 | OVERSOLD | The low Stochastics value suggests BATRA may be oversold. |
| Average True Range in percent/ATR (20) | 1.67 | LOW VOLATILITY | The low ATR as a percentage value for BATRA suggests low volalility. |
| Average Directional Index/ADX (14) | 12.44 | NEGATIVE | The low ADX value for BATRA suggests a weak or negative 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 |
|---|---|---|---|
| 44.54 | 43.19 | 1.35 (3.03%) | 25.00% |
| An entry @44.54. This is a Buy Stop order right above the resistance zone. | An exit @43.19. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.35 points, which is 3.03%. | For a 0.76% total portfolio risk, you can invest 25.00% 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.
43.54
+0.18 (+0.42%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg0.42%
1 Week-0.59%
2 Weeks-1.76%
1 Month0.21%
3 Month-1.34%
6 Month3.45%
12 Month3.59%
2 Year16.51%
3 Year71.55%
5 Year92.74%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.74
ATR(20)%1.67%
ATR Inc-20.7%
Range Today0.44
ADR(20)0.7
ADR(20)%1.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.49
Mansfield-0.17
10 Day High45.46
10 Day Low43.2
20 Day High45.46
20 Day Low42.88
52 Week High46.65
52 Week Low38.67
CS1 End43.31
CR1 Start43.93
Volume & EV
DER(3)-3.46%
DER(5)-1.43%
Volume40.00K
Volume Incr27.08%
Vol(5)55.00K
Vol(50)61.24K