BABA / 7D low update
Oct 01, 15:21
BABA New 7‑Day Low Signals Continuation
BABA posted a new 7‑day low at 107.07, breaking below the prior 7‑day low of 107.48. The drop places the price just above the 30‑day level of 106.56, indicating continuation of downside pressure rather than an imminent reclaim of the recent low.
Old 7D low
107.48
New 7D low
107.07
Move
0.38%
30D / YTD
106.56 / 90.65
What changed
- BABA slipped to a new 7‑day low of 107.07, down from the prior 7‑day low of 107.48.
- The move is 0.38% below the old extreme and sits 0.48% above the 30‑day level of 106.56.
- This suggests continuation of downside pressure rather than an immediate reclaim of the 7‑day low.