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 scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.

When comparing the yearly performance of all stocks, BATRA is a bad performer in the overall market: 76% of all stocks are doing better.

In the last month BATRA has a been trading in the 42.80 - 46.03 range, which is quite wide. It is currently trading near the lows of this range.

BATRA is an average performer in the Entertainment industry, it outperforms 48% of 81 stocks in the same industry.

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.

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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. We see reduced volatility while prices have been consolidating in the most recent period.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

39.89

48.12

We found 1 important support area.

Support @40.29 from a horizontal line in the weekly time frame.

2 important resistance areas can be observed.

A resistance zone ranging from 43.47 to 44.43. 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 47.64 to 47.64. This zone is formed by a combination of multiple trend lines in multiple time frames.

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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	DOWN	NEGATIVE	The long term trend for BATRA is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for BATRA is down.
ChartMill Relative Strength	24.58	NEGATIVE	BATRA has a low relative strength, it was outperformed by 75.42% off all stocks 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	MIXED	The current price of BATRA is below the rising SMA(200).
Relative Strength Index/RSI (14)	27.49	OVERSOLD	The low RSI value suggests BATRA may be oversold.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.1	NEGATIVE	The MACD value suggests BATRA has a negative trend, although the MACD value is rising.
Stochastics (14,3)	10.42	OVERSOLD	The low Stochastics value suggests BATRA may be oversold.
Average True Range in percent/ATR (20)	1.59	LOW VOLATILITY	The low ATR as a percentage value for BATRA suggests low volalility.
Average Directional Index/ADX (14)	30.24	POSITIVE	The high ADX value value for BATRA suggests a strong trend.