Is Alibaba Group Holding Limited ($BABA) Set To Blow Up? (2019-10-21)

REPORTING FOR 2019-10-21 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how BABA has been trading over the last 2 weeks and the past day especially. On its latest session, Alibaba Group Holding Limited ($BABA) opened at 176.0, reaching a high of 176.23 and a low of 169.0 before closing at a price of 169.13. There was a total volume of 14335297.

VOLUME INDICATORS FOR ALIBABA GROUP HOLDING LIMITED ($BABA): We saw an accumulation-distribution index of 12970.73357, an on-balance volume of 176.85, chaikin money flow of 61.86957 and a force index of 40.9088. There was an ease of movement rating of -0.00727, a volume-price trend of 1.67698 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR ALIBABA GROUP HOLDING LIMITED ($BABA): We noted an average true range of 2.82193, bolinger bands of 180.92555, an upper bollinger band of 163.30445, lower bollinger band of 169.0, a bollinger high band indicator of nan, bollinger low band indicator of 1.0, a central keltner channel of 173.74333, high band keltner channel of 173.51333, low band keltner channel of 173.97333, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 169.0, a donchian channel low band of 169.0, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR ALIBABA GROUP HOLDING LIMITED ($BABA): We calculated a Moving Average Convergence Divergence (MACD) of 0.13978, a MACD signal of 0.07765, a MACD difference of 0.06212, a fast Exponential Moving Average (EMA) indicator of 169.0, a slow Exponential Moving Average (EMA) indicator of 169.0, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.42936, a trix of -0.22605, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of -1.77409, a KST Oscillator (KST) of 10.60897 and a KST Oscillator (KST Signal) of 10.60897 (leaving a KST difference of 9.31375). We also found an Ichimoku rating of 176.115, an Ichimoku B rating of 176.115, a Ichimoku visual trend A of 171.01091, an Ichimoku visual trend B of 170.96881, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0.

MOMENTUM INDICATORS FOR ALIBABA GROUP HOLDING LIMITED ($BABA): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 20.21968, a stochastic oscillator of 3143.47826, a stochastic oscillator signal of 3143.47826, a Williams %R rating of 3043.47826 and an awesome oscillator of -0.16533.

RETURNS FOR ALIBABA GROUP HOLDING LIMITED ($BABA): There was a daily return of 1.0609, a daily log return of 3.62007 and a cumulative return of 3.68639.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-10-21 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Alibaba Group Holding Limited ($BABA)…

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Alibaba Group Holding Limited ($BABA) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

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