Stock Trend Analysis Report
Prepared for you on Sunday, December 8, 2024.
GraniteShares 2x Long BABA Daily ETF (NASDAQ:BABX)
Weak Downtrend (-65) - BABX is showing signs of a strengthening downtrend. Monitor BABX as it may be building momentum to the downside.
Is it time to buy, sell, or avoid BABX?
MarketClub looks at technical strength and momentum to determine if the timing is right for BABX.
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 BABX
The long-term trend has been UP since May 2nd, 2024 at 16.259
The intermediate-term trend has been DOWN since Oct 23rd, 2024 at 23.100
The short-term trend has been DOWN since Dec 4th, 2024 at 16.550
Smart Scan Analysis for BABX
Based on our trend formula, BABX is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
16.75 | 17.04 | 16.75 | 16.78 | +0.68 |
Prev. Close | Volume | Bid | Ask | Time |
16.79 | 343703 | 2024-12-06 15:59:25 |
52wk High | 32.7194 | 52wk High Date | 2024-10-07 |
52wk Low | 11.85 | 52wk Low Date | 2024-04-19 |
Average Volume | 252,683 |