ATLANTA BRAVES HOLDINGS IN-A (BATRA) Stock Technical Analysis
NASDAQ:BATRA • US0477261046
Taking everything into account, BATRA scores 7 out of 10 in our technical rating. BATRA has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- BATRA is one of the better performing stocks in the Entertainment industry, it outperforms 72% of 80 stocks in the same industry.
- In the last month BATRA has a been trading in the 41.50 - 46.14 range, which is quite wide. It is currently trading near the high of this range.
- When compared to the yearly performance of all other stocks, BATRA outperforms 58% of them, which is more or less in line with the market.
- 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.
BATRA has an excellent technical rating, but the quality of the setup is only medium 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
3 important support areas can be observed.
- A support zone ranging from 43.09 to 44.42. 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 41.92. 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 | 58.4 | 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) | 71.36 | OVERBOUGHT | The high RSI value suggests BATRA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.23 | POSITIVE | The MACD value suggests BATRA has a positive trend. |
| Stochastics (14,3) | 90.96 | OVERBOUGHT | The high Stochastics value suggests BATRA may be overbought. |
| Average True Range in percent/ATR (20) | 2.08 | MEDIUM VOLATILITY | The ATR as a percentage value for BATRA suggests some volalility. |
| Average Directional Index/ADX (14) | 19.56 | NEGATIVE | The low ADX value for BATRA suggests a weak or negative trend. |
45.77
+0.25 (+0.55%)
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 71.3579. 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 0.228273, indicating a bearish trend.