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Stock Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

GraniteShares 2x Long BABA Daily ETF (NASDAQ:BABX)

Bull Market Weakness (+75) - BABX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BABX as it may be in the beginning stages of a reversal.

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.

NASDAQ_BABX
Open High Low BABX Price Change
30.50 31.08 29.87 30.70 +1.33
Entry Signal

MarketClub’s Trade Triangles for BABX

long term up The long-term trend has been UP since Feb 7th, 2025 at 23.57

intermediate term up The intermediate-term trend has been UP since May 2nd, 2025 at 29.76

short term down The short-term trend has been DOWN since May 7th, 2025 at 30.00

Smart Scan Analysis for BABX

Based on our trend formula, BABX is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for BABX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
30.50 31.08 29.87 30.70 +1.33
Prev. Close Volume Bid Ask Time
30.65 975525 2025-05-08 15:59:16
52wk High45.2852wk High Date2025-03-17
52wk Low12.960752wk Low Date2024-06-28
Average Volume693,540
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