IVZ COINSHRS BLOCKCHAIN UCIT (BCHN.MI) Stock Technical Analysis
BIT:BCHN - Euronext Milan - IE00BGBN6P67 - ETF - Currency: EUR
Overall BCHN gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BCHN is showing a nice and steady performance.
Warning: BCHN has an average volume of 4250 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!
BCHN is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month BCHN has a been trading in the 107.39 - 127.19 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that BCHN is one of the better performing stocks in the market, outperforming 94% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Volume is considerably higher 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
77.46
129.29
5 important support areas can be observed.
- A support zone ranging from 127.18 to 127.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @120.21 from a trend line in the daily time frame.
- A support zone ranging from 108.42 to 110.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @80.87 from a trend line in the weekly time frame.
- Support @78.24 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 BCHN.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BCHN.MI is up. |
| ChartMill Relative Strength | 94.3 | POSITIVE | BCHN.MI has a high relative strength, it outperformed 94.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BCHN.MI is above 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) | 70.36 | OVERBOUGHT | The high RSI value suggests BCHN.MI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests BCHN.MI has a positive trend. |
| Stochastics (14,3) | 84.64 | OVERBOUGHT | The high Stochastics value suggests BCHN.MI may be overbought. |
| Average True Range in percent/ATR (20) | 2.22 | MEDIUM VOLATILITY | The ATR as a percentage value for BCHN.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 34.43 | 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 (7/18/2025, 12:46:40 PM)
128.01
+0.82 (+0.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.64%
1 Week4.53%
2 Weeks3.11%
1 Month14.72%
3 Month62.88%
6 Month11.08%
12 Month38.91%
2 Year94.45%
3 Year82.67%
5 Year144.41%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.91
ATR(20)%2.22%
ATR Inc40.07%
Range Today0
ADR(20)2.15
ADR(20)%1.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.3
Mansfield2.12
10 Day High127.19
10 Day Low118.2
20 Day High127.19
20 Day Low107.39
52 Week High127.19
52 Week Low68.88
CS1 End120.21
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume15
Volume Incr92.77%
Vol(5)5.95K
Vol(50)4.25K