ATLANTA BRAVES HOLDINGS IN-A (BATRA) Technical Analysis
NASDAQ:BATRA • US0477261046
Current stock price
BATRA Technical Rating and Analysis
Overall BATRA gets a technical rating of 6 out of 10. BATRA has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
- 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.
- BATRA is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so BATRA is performing more or less in line with the market.
- Looking at the yearly performance, BATRA did better than 72% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- BATRA is part of the Entertainment industry. There are 79 other stocks in this industry, BATRA did better than 69% of them.
- In the last month BATRA has a been trading in the 46.12 - 50.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BATRA Weekly and Daily overview Charts
BATRA Setup Rating and Analysis
BATRA has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
BATRA Support and Resistance Analysis
39.78
3 important support areas can be observed.
- A support zone ranging from 43.30 to 43.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 41.28 to 42.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @40.18 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 47.95 to 48.76. 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 49.81 to 50.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
BATRA 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 | 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 | 72.6 | POSITIVE | BATRA has a high relative strength, it outperformed 72.6% 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) | 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) | 49.07 | NEUTRAL | The RSI value for BATRA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.26 | NEGATIVE | The MACD value suggests BATRA has a negative trend. |
| Stochastics (14,3) | 37.32 | NEUTRAL | The Stochastics value for BATRA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.79 | MEDIUM VOLATILITY | The ATR as a percentage value for BATRA suggests some volalility. |
| Average Directional Index/ADX (14) | 27.23 | POSITIVE | The high ADX value value for BATRA suggests a strong trend. |
BATRA Chart- and CandleStick Pattern Analysis
BATRA Example Setup
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 |
|---|---|---|---|
| 47.96 | 47.02 | 0.95 (1.98%) | 25.00% |
| An entry @47.96. This is a Buy Stop order right above the 10 day moving average. | An exit @47.02. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.95 points, which is 1.98%. | For a 0.49% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of BATRA. Please evaluate whether better entry and exit points can be found.
- 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.
BATRA Technicals: Chart, Performance Metrics, Trend & Indicators
47.105
-0.97 (-2.01%)
ATLANTA BRAVES HOLDINGS IN-A / BATRA TA FAQ
Can you provide the ChartMill technical rating for ATLANTA BRAVES HOLDINGS IN-A?
ChartMill assigns a technical rating of 6 / 10 to BATRA.
What is the trend direction for BATRA stock?
The current trend direction for ATLANTA BRAVES HOLDINGS IN-A (BATRA) is Bullish.
What is the RSI signal for ATLANTA BRAVES HOLDINGS IN-A (BATRA) stock?
ATLANTA BRAVES HOLDINGS IN-A (BATRA) has an RSI value of 49.0746. This indicates that the stock is currently neutral.
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 -0.264922, indicating a bearish trend.