ALIBABA GROUP HOLDING

- USD (-)

- 15 min delayed data - NYSE Stocks

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Type:	Stocks
Ticker:	BABA
ISIN:

ALIBABA GROUP HOLDING - Daily - Technical analysis published on 01/20/2022 (GMT)

Timeframe : Daily
- Analysis generated on
Status : NEUTRAL

Summary of the analysis

Trends

Short term: Bullish

Underlying: Slightly bearish

Technical indicators

61%

11%

28%

My opinion

Neutral between 130.60 USD and 150.01 USD

My targets

My analysis

The short-term increase on ALIBABA GROUP HOLDING remains moderate but could challenge the slightly bearish basic trend. It is difficult to advise a trading direction under these conditions. The first resistance is located at 150.01 USD. The first support is located at 130.60 USD. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.

In the very short term, despite the neutral opinion of this analysis, technical indicators are bullish and could soon allow change to a bullish sentiment.

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The ALIBABA GROUP HOLDING rating is 132.85 USD. On the day, this instrument gained +4.00% and was traded between 132.33 USD and 136.75 USD over the period. The price is currently at +0.39% from its lowest and -2.85% from its highest.

132.33

136.75

132.85

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Opening Gap UP

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner for higher/lower results shows the following items:

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in Daily of this ALIBABA GROUP HOLDING chart shows a slightly bearish trend. 60.71% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently given by short-term moving averages could cause a reversal of the trend. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily

In fact, 11 technical indicators on 18 studied are currently positioned bullish. Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near resistance of channel

Type : Bearish

Timeframe : Daily

Near horizontal support

Type : Bullish

Timeframe : Daily

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	111.96	130.60	132.85	177.25	206.08	230.27
Change (%)	-15.72%	-1.69%	-	+33.42%	+55.12%	+73.33%
Change	-20.89	-2.25	-	+44.40	+73.23	+97.42
Level	Major	Major	-	Major	Intermediate	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	122.56	124.85	126.29	128.58	130.02	132.31	133.75
Camarilla	126.71	127.06	127.40	127.74	128.08	128.42	128.77
Woodie	122.15	124.64	125.88	128.37	129.61	132.10	133.34
Fibonacci	124.85	126.27	127.15	128.58	130.00	130.88	132.31

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	113.16	119.70	125.63	132.17	138.10	144.64	150.57
Camarilla	128.14	129.28	130.43	131.57	132.71	133.86	135.00
Woodie	112.87	119.55	125.34	132.02	137.81	144.49	150.28
Fibonacci	119.70	124.46	127.40	132.17	136.93	139.87	144.64

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	87.76	98.23	108.51	118.98	129.26	139.73	150.01
Camarilla	113.08	114.99	116.89	118.79	120.69	122.59	124.50
Woodie	87.67	98.18	108.42	118.93	129.17	139.68	149.92
Fibonacci	98.23	106.16	111.05	118.98	126.91	131.80	139.73

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	56.14
MACD (12,26,9):	0.9800
Directional Movement:	6.18
AROON (14):	64.29
DEMA (21):	127.74
Parabolic SAR (0,02-0,02-0,2):	122.33
Elder Ray (13):	5.94
Super Trend (3,10):	117.38
Zig ZAG (10):	133.57
VORTEX (21):	0.9900
Stochastique (14,3,5):	66.48
TEMA (21):	132.83
Williams %R (14):	-23.16
Chande Momentum Oscillator (20):	13.08
Repulse (5,40,3):	-3.5000
ROCnROLL:	-1
TRIX (15,9):	-0.0600
Courbe Coppock:	22.14

MA7:	131.77
MA20:	124.50
MA50:	131.20
MA100:	146.63
MAexp7:	130.37
MAexp20:	127.64
MAexp50:	133.06
MAexp100:	147.60
Price / MA7:	+0.82%
Price / MA20:	+6.71%
Price / MA50:	+1.26%
Price / MA100:	-9.40%
Price / MAexp7:	+1.90%
Price / MAexp20:	+4.08%
Price / MAexp50:	-0.16%
Price / MAexp100:	-9.99%

Quotes : - 15 min delayed data - NYSE Stocks

News

Don't forget to follow the news on ALIBABA GROUP HOLDING. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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