Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Saturday, December 21, 2024.
GraniteShares 2x Long BABA Daily ETF (NASDAQ:BABX)
Strong Downtrend (-100) - BABX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, BABX continues to fall. Traders should use caution and set stops.
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 DOWN since Dec 20th, 2024 at 15.5800
The intermediate-term trend has been DOWN since Dec 19th, 2024 at 16.0199
The short-term trend has been DOWN since Dec 13th, 2024 at 17.4700
Smart Scan Analysis for BABX
Based on our trend formula, BABX is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 15.2500 | 15.4499 | 15.0200 | 15.2200 | -0.7600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 15.2400 | 636616 | 2024-12-20 15:59:56 |
| 52wk High | 32.7194 | 52wk High Date | 2024-10-07 |
| 52wk Low | 11.85 | 52wk Low Date | 2024-04-19 |
| Average Volume | 346,725 |