NYSEARCA:BALT - NYSE Arca - US45783Y8553 - ETF - Currency: USD
Overall BALT gets a technical rating of 6 out of 10. Although BALT has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
BALT has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 31.74. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 31.35, a Stop Loss order could be placed below this zone.
29.72
When analyzing the support we notice one important area.
We found 1 important resistance area.
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 |
---|---|---|---|
31.90 | 30.68 | 1.22 (3.82%) | 25.00% |
An entry @31.90. This is a Buy Stop order right above the resistance zone. | An exit @30.68. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.22 points, which is 3.82%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.96%. |
NYSEARCA:BALT (4/28/2025, 2:04:00 PM)
31.3431
-0.04 (-0.12%)