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Stock Trend Analysis Report
Prepared for you on Friday, September 22, 2023.
ALIBABA GROUP HOLDING LTD (NASDAQ:BABAF)
Strong Downtrend (-100) - BABAF is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, BABAF continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid BABAF?
MarketClub looks at technical strength and momentum to determine if the timing is right for BABAF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for BABAF
The long-term trend has been DOWN since Mar 13th, 2023 at 10.32
The intermediate-term trend has been DOWN since Sep 11th, 2023 at 10.90
The short-term trend has been DOWN since Sep 8th, 2023 at 11.50
Smart Scan Analysis for BABAF
Based on our trend formula, BABAF is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 10.6752 | 10.9000 | 10.6752 | 10.9000 | +0.1700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 10.4840 | 671 | 2023-09-20 11:14:00 |
| 52wk High | 15.206 | 52wk High Date | 2023-01-23 |
| 52wk Low | 7.35 | 52wk Low Date | 2022-10-24 |
| Average Volume | 117,886 | Shares Outstanding | 2,710,914 |
| Assets | 175,304,400M | Liabilities | 753,529,000M |