ATLANTA BRAVES HOLDINGS IN-C (BATRK) Stock Technical Analysis
NASDAQ:BATRK - Nasdaq - US0477263026 - Common Stock - Currency: USD
Overall BATRK gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BATRK is only an average performer.
The long and short term trends are both positive. This is looking good!
BATRK 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 BATRK is performing more or less in line with the market.
In the last month BATRK has a been trading in the 40.03 - 43.72 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, BATRK did better than 71% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
BATRK is part of the Entertainment industry. There are 72 other stocks in this industry, BATRK did better than 64% of them.
Although BATRK has an excellent technical rating, it 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
44.42
When analyzing the support we can see 4 important areas.
- A support zone ranging from 40.00 to 41.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @38.21 from a trend line in the weekly time frame.
- A support zone ranging from 36.77 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.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 43.75 to 43.98. 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 | UP | POSITIVE | The short term trend for BATRK is up. |
| ChartMill Relative Strength | 71.63 | POSITIVE | BATRK has a high relative strength, it outperformed 71.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BATRK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BATRK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BATRK is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 62.03 | NEUTRAL | The RSI value for BATRK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests BATRK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.81 | OVERBOUGHT | The high Stochastics value suggests BATRK may be overbought. |
| Average True Range in percent/ATR (20) | 1.45 | LOW VOLATILITY | The low ATR as a percentage value for BATRK suggests low volalility. |
| Average Directional Index/ADX (14) | 23.98 | 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)
42.51
-0.65 (-1.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg-1.51%
1 Week4.01%
2 Weeks4.68%
1 Month2.61%
3 Month10.47%
6 Month7.92%
12 Month7.54%
2 Year7.29%
3 Year77.13%
5 Year115.35%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.66
ATR(20)%1.45%
ATR Inc10.78%
Range Today0.54
ADR(20)0.59
ADR(20)%1.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.63
Mansfield0.17
10 Day High43.72
10 Day Low40.03
20 Day High43.72
20 Day Low40.03
52 Week High44.43
52 Week Low35.46
CS1 End41.63
CR1 Start43.75
Volume & EV
DER(3)4.54%
DER(5)4.43%
Volume244.50K
Volume Incr56.19%
Vol(5)370.34K
Vol(50)286.27K