BATRK Technical Analysis - ATLANTA BRAVES HOLDINGS IN-C

Technical Rating and Analysis

Taking everything into account, BATRK scores 0 out of 10 in our technical rating. BATRK scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.

When comparing the yearly performance of all stocks, BATRK is a bad performer in the overall market: 75% of all stocks are doing better.

BATRK is part of the Entertainment industry. There are 80 other stocks in this industry, BATRK did better than 43% of them.

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

In the last month BATRK has a been trading in a tight range between 40.41 and 42.56.

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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-C / BATRK Weekly stock chart

ATLANTA BRAVES HOLDINGS IN-C / BATRK Daily stock chart

Setup Rating and Analysis

BATRK has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 41.07, 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

36.93

47.28

2 important support areas can be observed.

A support zone ranging from 40.38 to 41.07. This zone is formed by a combination of multiple trend lines in the daily time frame.
Support @37.30 from a trend line in the weekly time frame.

We can see 3 important resistance areas.

A resistance zone ranging from 41.12 to 41.45. 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 42.50 to 43.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A resistance zone ranging from 46.79 to 46.81. 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 BATRK is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for BATRK is down.
ChartMill Relative Strength	25.31	NEGATIVE	BATRK has a low relative strength, it was outperformed by 74.69% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of BATRK is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of BATRK is below a declining SMA(50).
Simple Moving Average/SMA (200)	UP	MIXED	The current price of BATRK is below the rising SMA(200).
Relative Strength Index/RSI (14)	35.92	NEUTRAL	The RSI value for BATRK is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.07	POSITIVE	The MACD value suggests BATRK has a positive trend.
Stochastics (14,3)	37.09	NEUTRAL	The Stochastics value for BATRK is a neutral value.
Average True Range in percent/ATR (20)	1.53	LOW VOLATILITY	The low ATR as a percentage value for BATRK suggests low volalility.
Average Directional Index/ADX (14)	26.95	POSITIVE	The high ADX value value for BATRK suggests a strong trend.