ATLANTA BRAVES HOLDINGS IN-C (BATRK) Stock Technical Analysis
NASDAQ:BATRK - Nasdaq - US0477263026 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to BATRK. BATRK has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month BATRK has a been trading in the 38.62 - 41.25 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
When compared to the yearly performance of all other stocks, BATRK outperforms 59% of them, which is more or less in line with the market.
BATRK is part of the Entertainment industry. There are 72 other stocks in this industry, BATRK did better than 60% of them.
BATRK 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.
Although the technical rating is only medium, BATRK does present a nice setup opportunity. 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. There is a support zone below the current price at 39.93, a Stop Loss order could be placed below this zone. 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 2 important support areas.
- A support zone ranging from 38.74 to 39.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 36.09 to 36.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @40.61 from a horizontal line in the daily time frame.
- Resistance @41.64 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
CRS59.04
Mansfield-0.24
10 Day High41.25
10 Day Low38.62
20 Day High41.25
20 Day Low38.62
52 Week High44.43
52 Week Low35.81
Performance
1 Week-1.07%
2 Weeks0.86%
1 Month0.03%
3 Month-2.49%
6 Month-1.48%
12 Month3.85%
2 Year18.55%
3 Year43.1%
5 Year109.55%
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)-0.04
RSI(14)54.23
LBB39.07
UBB40.62
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 |
|---|---|---|---|
| 40.62 | 38.73 | 1.89 (4.65%) | 21.49% |
| An entry @40.62. This is a Buy Stop order right above the resistance zone. | An exit @38.73. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.89 points, which is 4.65%. | For a 1.00% total portfolio risk, you can invest 21.49% of your capital in this trade. |
- 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.
39.94
+0.07 (+0.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg0.18%
1 Week-1.07%
2 Weeks0.86%
1 Month0.03%
3 Month-2.49%
6 Month-1.48%
12 Month3.85%
2 Year18.55%
3 Year43.1%
5 Year109.55%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.89
ATR(20)%2.14%
ATR Inc-12.5%
Range Today0.63
ADR(20)0.85
ADR(20)%2.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS59.04
Mansfield-0.24
10 Day High41.25
10 Day Low38.62
20 Day High41.25
20 Day Low38.62
52 Week High44.43
52 Week Low35.81
CS1 End39.93
CR1 Start40.61
Volume & EV
DER(3)1.36%
DER(5)1.89%
Volume281.80K
Volume Incr5.27%
Vol(5)327.96K
Vol(50)284.74K