LEVERAGE SHARES 2X ALIBABA (2BAB.AS) Stock Technical Analysis
AMS:2BAB - Euronext Amsterdam - IE00BK5C1C97 - ETF - Currency: EUR
Taking everything into account, 2BAB scores 5 out of 10 in our technical rating. In the last year, 2BAB was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
In the last month 2BAB has a been trading in the 1.10 - 2.11 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Warning: 2BAB has an average volume of 6746 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When comparing the yearly performance of all stocks, we notice that 2BAB is one of the better performing stocks in the market, outperforming 92% of all stocks. However, this relatively good performance is mostly due to a recent big move.
2BAB is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Considerably lower volume is observed in the last couple of days.
2BAB 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
0.82
2.11
When analyzing the support we can see 3 important areas.
- Support @1.04 from a horizontal line in the daily time frame.
- Support @0.89 from a trend line in the weekly time frame.
- Support @0.83 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @2.04 from a trend line in the weekly time frame.
- Resistance @2.09 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.95
Mansfield1.31
10 Day High2.11
10 Day Low1.1
20 Day High2.11
20 Day Low1.1
52 Week High2.11
52 Week Low0.59
Performance
1 Week-43.35%
2 Weeks-39.03%
1 Month-25.39%
3 Month32.55%
6 Month69.76%
12 Month9.43%
2 Year-12.9%
3 Year-61.95%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.13
RSI(14)37.54
LBB0.97
UBB2.45
AMS:2BAB (4/22/2025, 7:00:00 PM)
1.134
+0.01 (+0.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.46%
1 Week-43.35%
2 Weeks-39.03%
1 Month-25.39%
3 Month32.55%
6 Month69.76%
12 Month9.43%
2 Year-12.9%
3 Year-61.95%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%12.33%
ATR Inc-60.07%
Range Today0
ADR(20)0.06
ADR(20)%5.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.95
Mansfield1.31
10 Day High2.11
10 Day Low1.1
20 Day High2.11
20 Day Low1.1
52 Week High2.11
52 Week Low0.59
CS1 End1.04
CR1 Start2.04
Volume & EV
DER(3)0%
DER(5)0%
Volume25
Volume Incr-31.65%
Vol(5)2.30K
Vol(50)6.75K