Logo image of BITA

Bitauto Holdings Ltd (BITA) Stock Technical Analysis

NYSE:BITA - New York Stock Exchange, Inc. -

15.94  +0.01 (+0.06%)

After market: 15.94 0 (0%)

Technical Rating and Analysis

7

Taking everything into account, BITA scores 7 out of 10 in our technical rating. Although BITA is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

Both the short term and long term trends are positive. This is a very positive sign.
BITA is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
When compared to the yearly performance of all other stocks, BITA outperforms 55% of them, which is more or less in line with the market.
In the last month BITA has a been trading in a tight range between 15.79 and 16.00.
Weekly and Daily overview Charts
Bitauto Holdings Ltd / BITA Weekly stock chart
Bitauto Holdings Ltd / BITA Daily stock chart
Setup Rating and Analysis

3

Although BITA has an excellent technical rating, it does not present a decent entry opportunity 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.

Support and Resistance Analysis

9.87

16.12

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 15.69 to 15.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @9.97 from a horizontal line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 15.95 to 15.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.68
Mansfield0.12
10 Day High16
10 Day Low15.84
20 Day High16
20 Day Low15.79
52 Week High16
52 Week Low9.6
Performance
1 Week0%
2 Weeks0.5%
1 Month0.89%
3 Month1.53%
6 Month38.97%
12 Month3.78%
2 YearN/A
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
RSI(14)68
LBB15.82
UBB15.99
Bitauto Holdings Ltd / BITA Daily stock chart

Bitauto Holdings Ltd

NYSE:BITA (11/4/2020, 8:09:31 PM)

After market: 15.94 0 (0%)

15.94

+0.01 (+0.06%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.06%
1 Week0%
2 Weeks0.5%
1 Month0.89%
3 Month1.53%
6 Month38.97%
12 Month3.78%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%0.25%
ATR Inc89.83%
Range Today0.09
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.68
Mansfield0.12
10 Day High16
10 Day Low15.84
20 Day High16
20 Day Low15.79
52 Week High16
52 Week Low9.6
CS1 End15.93
CR1 Start15.95
Volume & EV
DER(3)6.72%
DER(5)4.17%
Volume1.15M
Volume Incr13.74%
Vol(5)751.24K
Vol(50)686.35K