Best ways to trade: Alibaba Group Holding Limited

Ticker: BABA
Asset type: Stocks
Last updated: Saturday, March 02, 2024 at 08:00 AM

Follow the section below to learn how to trade. Remember that past results are not necessarily indicative of future results. Learn more in the disclaimer. Pine Script™ is registered by TradingView Inc, for more info click here.

How easy it is to trade Alibaba Group Holding Limited

Let’s start with a general overview of the asset to understand how it has performed in the past. This section compares how the traders perform, analyzing those we monitor. The most critical data are the max return from the best trader, how many are profitable, and our score, which measures how much is easy compared to other assets of the same type.

Traders results for Alibaba Group Holding Limited (BABA)
WTT easy score
3/5
This indicator expresses how easy it was to trade in the last week

Let’s analyze the details of what happened:

Active Traders
38 of 3840
Traders still trading this asset

How many traders are trading Alibaba Group Holding Limited?

We are maintaining an active watch on 3840 traders and their strategies. On 02-03-2024, 38 traders were found trading Alibaba Group Holding Limited. This denotes Alibaba Group Holding Limited as not as widely sought-after as an asset.
All time return
9.3%
Highest return between our traders

What was the best return trading Alibaba Group Holding Limited?

When analysing 38 traders, we found the best return to be 9.3% on Alibaba Group Holding Limited.
Profitable traders
22.22%
How many are profitable

How many traders are profittable day trading Alibaba Group Holding Limited?

At the moment 22.22% of the traders are creating some profit from their strategies.
Best Trading Strategy
Momentum
The most effective trading strategy

Which day trading strategy is the most efective for Alibaba Group Holding Limited?

In the last period Momentum has been the most effective trading strategy.

If you don’t know what a trading strategy is, please check the training section(Trading Strategies).

Traders attitude
uncertain
Traders attitude in the last 7 days

What is the opinion of traders on the value of Alibaba Group Holding Limited?

The current attitude of the investors regarding the asset is uncertain.

Best trading strategy for Alibaba Group Holding Limited (BETA)

In this section, we are going to detail the trading strategy that is currently the most effective. Please refer to the training (trading strategies) section for more information. This strategy is created by analyzing thousands of strategies and combining the best features to form a new, optimized approach. We advise that this new feature is currently in BETA testing phase (Hazel AI system). Please be aware of its experimental nature and potential for unexpected issues or limited functionality.

Strategy Class
Momentum
Current best
Annual return
0.25%
Estimated of the annual return
Time scale
1m
Current best
Win Trades
0
% win trades
Num trades
67
Trades executed
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Download the strategy for Alibaba Group Holding Limited

Pine script is a system created by TradingView to backtest trading strategies and create custom indicators.

 

Let’s analyze the details of the strategy: 

Indicators

Explore the following key trading indicators that can help analyze price movements and guide trading decisions for Alibaba Group Holding Limited.
MACD
12/26/9
First indicator

Best lagging indicator for Alibaba Group Holding Limited

 The first indicator is the most important for a strategy; what you find here are the parameters that must be used operationally.

RSI
4/22/70
Second indicator

Best leading indicator for Alibaba Group Holding Limited

 The second indicator is also quite important for a strategy; Using two technical indicators in a strategy provides more confirmation and reduces false signals, leading to improved decision-making and potentially higher accuracy in identifying market trends and entry/exit points.

Macro Indicator
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Best macro indicator for Alibaba Group Holding Limited

The third indicator focus on economic, financial, or geopolitical factors that impact asset prices. Fundamental indicators may include interest rates, economic growth, earnings reports, and news events. 

Entry point strategy

Discover potential entry points for Alibaba Group Holding Limited.
Main entry strategy
RSI < 22 and MACD > signal
The current best strategy for entry

Technical indicator entry strategy for Alibaba Group Holding Limited

When combining indicators in a trading strategy for entry points, one approach is to look for convergence or agreement between multiple indicators. For example, if both the moving average crossover and the relative strength index (RSI) indicate a bullish signal, it strengthens the likelihood of a successful trade. This convergence provides more confidence in the entry point and increases the probability of a favorable outcome.

Other entry strategy
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Other entry strategy for Alibaba Group Holding Limited

Available only in the premium version.

Alerts to monitor
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Alerts to monitor for Alibaba Group Holding Limited

Available only in the premium version.

Exit point strategy

Discover potential exit points for Alibaba Group Holding Limited.
Main exit strategy
RSI > 70 and MACD < signal
The current best strategy for exit

Best exit strategy for Alibaba Group Holding Limited

here you can find the detail for Implement an effective exit strategy for Alibaba Group Holding Limited.
Alerts to monitor
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Alerts to monitor for Alibaba Group Holding Limited

Available only in the premium version.

Trading guide for Alibaba Group Holding Limited

WTT score
3/5
Let’s analyze what we have learned trading Alibaba Group Holding Limited. The analysis will cover the ease of trading, price volatility, and current market trend of the stock. Alibaba Group Holding Limited requires a measured approach to trading. The asset’s price swings are intense and frequent. The asset’s value is plummeting, indicating negative market sentiment. Considering the factors discussed above, it’s apparent that it is reasonably advised to trade Alibaba Group Holding Limited.
Pro
– The equilibrium between risk and reward is conducive to strategic investments.

– A plummeting market, rife with challenges and risks for the unprepared investor.

Cons
– May require a high risk tolerance to withstand sharp market falls.

Trend analysis

This section lists the main factor or risks of trading this product. Like the previous insights, we use data from our traders to analyze the risk factor of the asset. The most crucial point is how many traders are in green; a percentage below 20% indicates an investment that is very difficult to trade. 

Trend analysis for Alibaba Group Holding Limited (BABA)

Market regimes are periods of persistent market conditions. They affect the relevance of investment factors and the success of trading strategies. 

How long the situation will stay similar for Alibaba Group Holding Limited?

In this section discusses whether market conditions will persist for Alibaba Group Holding Limited.Market sentiment at the moment can be characterized as panic. Over the past few weeks, the market has experienced an oscillation of 0.33 points, exhibiting a downward trend over 37909 periods. The market appears to be in a persistent phase. The market has shown relatively stable price movements, indicating a downward trajectory which warrants caution among investors.
How long is lasting?
165 Days
The number of days this trend is lasting

How long this trend is lasting for Alibaba Group Holding Limited?

Alerts and risk factors

These are factors that can potentially change the perception of the stock. These factors can lead to a change in the regime. Please refer to the training section for more information.

Risk factor 1

Headline Risk
Type: News

What is the main risk factor for Alibaba Group Holding Limited?

Risk factor 2

Reputation risk
Type: News

What is the second most important factor for Alibaba Group Holding Limited?

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Brookers

Selecting the right broker is crucial in trading. This decision hinges on various criteria, including regional accessibility, cost-effectiveness, and compliance with local regulations. In this list, we present a concise, expert-curated list of brokers widely utilized by our seasoned traders to help you make an informed selection that aligns with your trading objectives.

Used by 32%
Exness
Used by 19%
Used by 9%
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