21SHARES BITCOIN CASH ETP (ABCH.PA) Stock Technical Analysis
EPA:ABCH - Euronext Paris - Matif - CH0475552201 - ETF - Currency: EUR
Taking everything into account, ABCH scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, ABCH has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: ABCH has an average volume of 1011 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
ABCH is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
When comparing the yearly performance of all stocks, we notice that ABCH is one of the better performing stocks in the market, outperforming 91% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
ABCH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ABCH is lagging the market.
Besides having an excellent technical rating, ABCH also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
12.14
23.72
When analyzing the support we can see 4 important areas.
- Support @19.19 from a trend line in the daily time frame.
- Support @17.26 from a horizontal line in the daily time frame.
- Support @12.71 from a trend line in the weekly time frame.
- Support @12.26 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- Resistance @20.09 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 20.57 to 20.75. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @23.49 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for ABCH.PA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ABCH.PA is up. |
| ChartMill Relative Strength | 91 | POSITIVE | ABCH.PA has a high relative strength, it outperformed 91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ABCH.PA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ABCH.PA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ABCH.PA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.82 | NEUTRAL | The RSI value for ABCH.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests ABCH.PA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.69 | NEUTRAL | The Stochastics value for ABCH.PA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.89 | MEDIUM VOLATILITY | The ATR as a percentage value for ABCH.PA suggests some volalility. |
| Average Directional Index/ADX (14) | 17.01 | NEGATIVE | The low ADX value for ABCH.PA suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 20.10 | 19.18 | 0.92 (4.58%) | 21.85% |
| An entry @20.10. This is a Buy Stop order right above the resistance zone. | An exit @19.18. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.92 points, which is 4.58%. | For a 1.00% total portfolio risk, you can invest 21.85% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of ABCH. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
EPA:ABCH (8/5/2025, 7:00:00 PM)
20.0814
-0.55 (-2.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.68%
1 Week-3.22%
2 Weeks10.33%
1 Month15.38%
3 Month33.84%
6 Month3.25%
12 Month30.18%
2 Year135.88%
3 Year294.03%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.84
ATR(20)%3.89%
ATR Inc-9.5%
Range Today0
ADR(20)0.33
ADR(20)%1.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91
Mansfield1.9
10 Day High21.1
10 Day Low17.25
20 Day High21.1
20 Day Low16.58
52 Week High24.9
52 Week Low9.81
CS1 End19.19
CR1 Start20.09
Volume & EV
DER(3)0%
DER(5)0%
Volume4
Volume Incr-20.44%
Vol(5)1.14K
Vol(50)1.01K