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.
Both the short term and long term trends are positive. This is a very positive sign.
BATRK is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
When comparing the performance of all stocks over the past year, BATRK turns out to be only a medium performer in the overall market: it outperformed 66% of all stocks.
BATRK is part of the Entertainment industry. There are 71 other stocks in this industry, BATRK did better than 61% of them.
BATRK is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BATRK is lagging the market slightly.
Besides having an excellent technical rating, BATRK also presents 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
35.73
42.06
We found 3 important support areas.
- Support @37.92 from a trend line in the weekly time frame.
- Support @36.68 from a trend line in the weekly time frame.
- A support zone ranging from 36.09 to 36.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 40.57 to 41.64. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 66.9 | NEUTRAL | BATRK is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BATRK is below 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) | 51.32 | NEUTRAL | The RSI value for BATRK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests BATRK has a negative trend. |
| Stochastics (14,3) | 56.49 | NEUTRAL | The Stochastics value for BATRK is a neutral value. |
| Average True Range in percent/ATR (20) | 1.75 | LOW VOLATILITY | The low ATR as a percentage value for BATRK suggests low volalility. |
| Average Directional Index/ADX (14) | 21.54 | 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)
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 |
|---|---|---|---|
| 41.07 | 40.20 | 0.87 (2.13%) | 25.00% |
| An entry @41.07. This is a Buy Stop order right above the 10 day moving average. | An exit @40.20. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.87 points, which is 2.13%. | For a 0.53% 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 BATRK. 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.
40.38
-0.4 (-0.98%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg-0.98%
1 Week-2.27%
2 Weeks-0.3%
1 Month2.88%
3 Month1.97%
6 Month0.47%
12 Month3.72%
2 Year10.09%
3 Year64.48%
5 Year83.96%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.71
ATR(20)%1.75%
ATR Inc-49.04%
Range Today0.36
ADR(20)0.7
ADR(20)%1.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.9
Mansfield-0.08
10 Day High41.68
10 Day Low40.21
20 Day High41.68
20 Day Low39.03
52 Week High44.43
52 Week Low35.46
CS1 End37.92
CR1 Start40.57
Volume & EV
DER(3)0.21%
DER(5)-1.02%
Volume186.40K
Volume Incr-12.6%
Vol(5)231.88K
Vol(50)286.87K