Alibaba Technical Analysis (NYSE:BABA)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. A BABA stock chart pattern can give those who understand technical analysis an indication of which way BABA stock is headed, but cannot predict with 100% certainty as to what can happen to the Alibaba stock price.
You can view Simple Moving Average (SMA 20 day, 50 day & 100 day), Exponential Moving Average (EMA 20 day, 50 day & 100 day) charts, and Bollinger Bands for Alibaba. Technical analysis uses an approach for Alibaba stock analysis that does not care for the fair "value" of a company but uses price and volume data only.
Alibaba Moving Average:
Moving averages help predict the price direction of BABA stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. A rise in trend over the long term indicates a long term uptrend. Similarly a falling BABA moving average implies that Alibaba stock price is falling.
Alibaba Bollinger Bands:
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the BABA stock. Currently the stock price of $102.95 is in the upper range of Alibaba bollinger bands.
Alibaba Moving Average Convergence Divergence or MACD:
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The Alibaba MACD indicator is below 0 indicating a bearish trend.
Alibaba Relative Strength Index:
The RSI is a valuable tool to determine overbought / oversold stocks and measures the recent performance of a stock in relation to its own stock price history. 61.4 is the RSI value of BABA stock. .