Liberty Braves - Class C Technical Analysis (NASDAQ:BATRK)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. The BATRK stock chart pattern can give those who understand technical analysis an indication of which way BATRK stock is headed, but cannot predict with 100% certainty as to what can happen to the Liberty Braves - Class C stock price.
See Liberty Braves - Class C bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. The technical analysis form of Liberty Braves - Class C stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Liberty Braves - Class C Moving Average
Moving averages help predict the price direction of BATRK 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 $23.46 is below the last closing price of $25.75 and the 50 day moving average of $23.18 is below the last closing price of $25.75. The 10 and 20 day periods can predict short term moving average trends.
Liberty Braves - Class C Bollinger Bands
Bollinger bands comprise of a center line usually BATRK SMA, and two BATRK stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. Liberty Braves - Class C bollinger bands show that the stock price is $25.75, upper band is 25.71, lower band is 21.21, and the average is 23.46.
Liberty Braves - Class C 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 Liberty Braves - Class C MACD indicator is below 0 indicating a bearish trend.
Liberty Braves - Class C Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. The relative strength index of BATRK stock is 96.97.