ATLANTA BRAVES HOLDINGS IN-C (BATRK) Stock Technical Analysis
NASDAQ:BATRK - Nasdaq - US0477263026 - Common Stock - Currency: USD
Taking everything into account, BATRK scores 4 out of 10 in our technical rating. In the last year, BATRK was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
In the last month BATRK has a been trading in the 43.33 - 47.16 range, which is quite wide. It is currently trading near the lows of this range.
BATRK is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BATRK is lagging the market slightly.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
When compared to the yearly performance of all other stocks, BATRK outperforms 53% of them, which is more or less in line with the market.
BATRK is part of the Entertainment industry. There are 73 other stocks in this industry, BATRK did better than 56% of them.
BATRK has an average technical rating and it also does not offer a high quality setup 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
35.74
47.28
We found 5 important support areas.
- Support @43.75 from a horizontal line in the daily time frame.
- Support @40.61 from a horizontal line in the daily time frame.
- Support @38.98 from a trend line in the weekly time frame.
- A support zone ranging from 37.02 to 37.24. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @36.10 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 43.99 to 44.75. 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.
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 BATRK is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BATRK is down. |
| ChartMill Relative Strength | 53.71 | NEUTRAL | BATRK is not amongst the best or worst performers 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) | UP | MIXED | The current price of BATRK is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BATRK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 35.03 | NEUTRAL | The RSI value for BATRK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.26 | NEGATIVE | The MACD value suggests BATRK has a negative trend. |
| Stochastics (14,3) | 27.31 | NEUTRAL | The Stochastics value for BATRK is a neutral value. |
| Average True Range in percent/ATR (20) | 1.93 | LOW VOLATILITY | The low ATR as a percentage value for BATRK suggests low volalility. |
| Average Directional Index/ADX (14) | 22.39 | NEUTRAL | The ADX value for BATRK suggests a possible start of a new 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)
43.76
-0.96 (-2.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg-2.15%
1 Week-1.75%
2 Weeks-3.91%
1 Month-6.09%
3 Month8.05%
6 Month10.39%
12 Month4.04%
2 Year18.78%
3 Year60.06%
5 Year125.22%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.91
ATR(20)%1.93%
ATR Inc126.88%
Range Today1.38
ADR(20)0.84
ADR(20)%1.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS53.71
Mansfield-0.15
10 Day High45.91
10 Day Low43.33
20 Day High47.16
20 Day Low43.33
52 Week High47.18
52 Week Low35.46
CS1 End43.75
CR1 Start43.99
Volume & EV
DER(3)-0.42%
DER(5)-0.58%
Volume302.78K
Volume Incr7.79%
Vol(5)280.19K
Vol(50)310.82K