GRANITESH 2XLNG BABA ETF-USD (BABX) Stock Technical Analysis
NASDAQ:BABX - Nasdaq - US38747R8685 - ETF - Currency: USD
We assign a technical rating of 5 out of 10 to BABX. In the last year, BABX was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
When comparing the yearly performance of all stocks, we notice that BABX is one of the better performing stocks in the market, outperforming 98% of all stocks. On top of that, BABX also shows a nice and consistent pattern of rising prices.
BABX has an average volume of 1415610 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
BABX 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.
In the last month BABX has a been trading in the 18.16 - 36.67 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BABX 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
13.99
44.56
4 important support areas can be observed.
- Support @20.57 from a trend line in the daily time frame.
- Support @15.39 from a trend line in the weekly time frame.
- Support @14.66 from a horizontal line in the daily time frame.
- Support @14.13 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 28.16 to 28.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @44.12 from a horizontal 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
CRS98.01
Mansfield3.63
10 Day High29.76
10 Day Low20.63
20 Day High36.67
20 Day Low18.16
52 Week High45.28
52 Week Low12.96
Performance
1 Week21.28%
2 Weeks31.48%
1 Month-25.13%
3 Month60.13%
6 Month27.9%
12 Month95.89%
2 Year36.51%
3 YearN/A
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)0.64
RSI(14)49.01
LBB19.01
UBB29.19
28.15
+0.42 (+1.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.51%
1 Week21.28%
2 Weeks31.48%
1 Month-25.13%
3 Month60.13%
6 Month27.9%
12 Month95.89%
2 Year36.51%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.85
ATR(20)%10.62%
ATR Inc-75.23%
Range Today1.01
ADR(20)2.28
ADR(20)%8.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.01
Mansfield3.63
10 Day High29.76
10 Day Low20.63
20 Day High36.67
20 Day Low18.16
52 Week High45.28
52 Week Low12.96
CS1 End20.57
CR1 Start28.16
Volume & EV
DER(3)0.02%
DER(5)2.28%
Volume422.50K
Volume Incr-48.09%
Vol(5)638.78K
Vol(50)1.42M