IVZ COINSHRS BLOCKCHAIN UCIT (BCHN.MI) Stock Technical Analysis
BIT:BCHN - Euronext Milan - IE00BGBN6P67 - ETF - Currency: EUR
Overall BCHN gets a technical rating of 7 out of 10. In the last year, BCHN was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Warning: BCHN has an average volume of 4585 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, BCHN did better than 73% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
BCHN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BCHN is lagging the market slightly.
In the last month BCHN has a been trading in the 86.77 - 116.85 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although BCHN has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
72.77
116.40
2 important support areas can be observed.
- Support @78.91 from a trend line in the weekly time frame.
- Support @73.50 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @102.50 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 112.06 to 112.43. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @115.25 from a horizontal line in the daily 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 BCHN.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BCHN.MI is up. |
| ChartMill Relative Strength | 73.93 | POSITIVE | BCHN.MI has a high relative strength, it outperformed 73.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BCHN.MI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BCHN.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BCHN.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.05 | NEUTRAL | The RSI value for BCHN.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.39 | NEGATIVE | The MACD value suggests BCHN.MI has a negative trend. |
| Stochastics (14,3) | 33.7 | NEUTRAL | The Stochastics value for BCHN.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.15 | MEDIUM VOLATILITY | The ATR as a percentage value for BCHN.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 27.34 | POSITIVE | The high ADX value value for BCHN.MI suggests a strong 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)
BIT:BCHN (5/30/2025, 7:00:00 PM)
99
-5.89 (-5.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-5.62%
1 Week-3.41%
2 Weeks-1.56%
1 Month11.71%
3 Month4.21%
6 Month-13.16%
12 Month19.75%
2 Year73.99%
3 Year35.52%
5 Year128.9%
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.65
ATR(20)%4.15%
ATR Inc-9.96%
Range Today2.59
ADR(20)3.24
ADR(20)%3.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.93
Mansfield0.29
10 Day High116.85
10 Day Low98.21
20 Day High116.85
20 Day Low86.77
52 Week High120.69
52 Week Low68.88
CS1 End78.91
CR1 Start102.5
Volume & EV
DER(3)0%
DER(5)0%
Volume1.37K
Volume Incr-72.08%
Vol(5)1.72K
Vol(50)4.59K