260-day moving average's 20-day average true range (ATR)
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Signal Says Alibaba Stock Could Bounce Off Bullish Trendline
Schaeffers Investment Research· 2026-03-02 20:47
Alibaba Group Holding Ltd - ADR (NYSE:BABA) stock is down 0.8% to trade at $142.97 at last glance, eyeing its fourth-straight loss after earlier hitting its lowest level since September, though it still sports a 24% nine-month lead. While there is no catalyst for this negative price action, recent tech sector weakness and the U.S.-Iran conflict are likely weighing on shares. The silver lining is that this pullback has placed BABA close to a trendline with historically bullish implications. Per Schaeffer's S ...