ALIBABA GROUP HOLDING
ALIBABA GROUP HOLDING
- USD (-)
- 15 min delayed data - NYSE Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: BABA
ISIN:

ALIBABA GROUP HOLDING - Weekly - Technical analysis published on 01/15/2021 (GMT)

  • 233
  • 0
  • Timeframe : Weekly
  • - Analysis generated on
  • Status : NEUTRAL

Summary of the analysis

Trends
Court terme: Bearish
De fond: Slightly bullish
Technical indicators
22%
44%
33%
My opinion
Neutral between 230.48 USD and 255.83 USD
My targets
-
My analysis
The basic trend is slightly bullish and the short term is tentatively bearish. With such a pattern, the price could just as easily move towards the first support as the first resistance. The first support is located at 230.48 USD. The first resistance is located at 255.83 USD. With no basic trend, it will be important to monitor the reaction of the price to the levels cited. A bearish break in the support could quickly reverse the basic trend. A bullish break in resistance would be welcome to boost the slightly bullish basic trend. On the other hand, if the price is blocked by support or resistance, it could be attractive to trade against the trend on the last short-term movement registered by ALIBABA GROUP HOLDING.

In the very short term, technical indicators are neutral and are not able to influence the opinion of this 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 3ba0550. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Daily

Additional analysis

Quotes

The ALIBABA GROUP HOLDING rating is 243.46 USD. The price registered an increase of +3.08% over 5 days and was traded between 225.14 USD and 245.70 USD over the period. The price is currently at +8.14% from its lowest point and -0.91% from its highest point.

225.14
245.70
243.46

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.

Central Gaps

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:

Technical


Technical analysis of ALIBABA GROUP HOLDING in Weekly shows an overall slightly bullish trend. Only 60.71% of the signals given by moving averages are bullish. This slightly bullish trend could turn neutral or reverse given the slightly bearish signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

On the 18 technical indicators analysed, 4 are bullish, 6 are neutral and 8 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Weekly

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

MACD indicator is back under 0

Type : Bearish

Timeframe : Weekly


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Near support of channel

Type : Bullish

Timeframe : Weekly



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 176.61 211.06 230.48 243.46 255.83 298.00 317.14
Change (%) -27.46% -13.31% -5.33% - +5.08% +22.40% +30.26%
Change -66.85 -32.40 -12.98 - +12.37 +54.54 +73.68
Level Minor Major Major - Major Intermediate Major



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard236.84239.15241.07243.38245.30247.61249.53
Camarilla241.82242.20242.59242.98243.37243.76244.14
Woodie236.64239.05240.87243.28245.10247.51249.33
Fibonacci239.15240.77241.77243.38245.00246.00247.61


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard203.26211.68223.93232.35244.60253.02265.27
Camarilla230.51232.40234.30236.19238.09239.98241.87
Woodie205.19212.64225.86233.31246.53253.98267.20
Fibonacci211.68219.57224.45232.35240.24245.12253.02


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard145.47178.35205.54238.42265.61298.49325.68
Camarilla216.21221.72227.22232.73238.24243.74249.25
Woodie142.63176.93202.70237.00262.77297.07322.84
Fibonacci178.35201.30215.47238.42261.37275.54298.49

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): 44.95
MACD (12,26,9): -2.0500
Directional Movement: -7.41
AROON (14): -57.14
DEMA (21): 260.40
Parabolic SAR (0,02-0,02-0,2): 284.13
Elder Ray (13): -19.98
Super Trend (3,10): 296.04
Zig ZAG (10): 242.68
VORTEX (21): 0.9100
Stochastique (14,3,5): 24.07
TEMA (21): 246.17
Williams %R (14): -71.00
Chande Momentum Oscillator (20): -67.18
Repulse (5,40,3): 8.5900
ROCnROLL: -1
TRIX (15,9): 0.4100
Courbe Coppock: 27.92
MA7: 233.85
MA20: 239.11
MA50: 256.77
MA100: 273.69
MAexp7: 246.84
MAexp20: 258.32
MAexp50: 244.13
MAexp100: 220.82
Price / MA7: +4.11%
Price / MA20: +1.82%
Price / MA50: -5.18%
Price / MA100: -11.05%
Price / MAexp7: -1.37%
Price / MAexp20: -5.75%
Price / MAexp50: -0.27%
Price / MAexp100: +10.25%

Quotes : 2021-01-15 20:59:59 - 15 min delayed data - NYSE Stocks

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

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