Liberty Braves Technical Analysis (NASDAQ:BATRA)
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. Just by looking at the Liberty Braves stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the BATRA stock chart which creates a trading signal.
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 Liberty Braves. Technical analysis uses an approach for Liberty Braves stock analysis that does not care for the fair value of a company but uses price and volume data only.
Liberty Braves Moving Average
Moving averages help predict the price direction of BATRA stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The 20 day moving average of $26.13 is below the last closing price of $26.4 and the 50 day moving average of $25.98 is below the last closing price of $26.4. The 10 and 20 day periods can predict short term moving average trends.
Liberty Braves 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 BATRA stock. Currently the stock price of $26.4 is in the upper range of Liberty Braves bollinger bands.
Liberty Braves Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The Liberty Braves MACD line is below the signal line.
Liberty Braves Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of BATRA stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.