Blackrock Future Innovators ETF (BFTR) Stock Technical Analysis
NYSEARCA:BFTR - NYSE Arca - US09290C2026 - ETF - Currency: USD
Overall BFTR gets a technical rating of 1 out of 10. BFTR has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
BFTR is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month BFTR has a been trading in the 23.79 - 26.77 range, which is quite wide. It is currently trading near the lows of this range.
Warning: BFTR has an average volume of 1150 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When comparing the performance of all stocks over the past year, BFTR turns out to be only a medium performer in the overall market: it outperformed 45% of all stocks.
The technical rating of BFTR is bad and it also does not present a quality setup 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
23.65
30.20
We found 1 important support area.
- Support @23.89 from a horizontal line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 25.33 to 25.42. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 26.51 to 26.63. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 27.07 to 27.33. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @29.90 from a horizontal 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 | DOWN | NEGATIVE | The long term trend for BFTR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BFTR is down. |
| ChartMill Relative Strength | 45 | NEUTRAL | BFTR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BFTR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BFTR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BFTR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 29.83 | OVERSOLD | The low RSI value suggests BFTR may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests BFTR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 2.54 | OVERSOLD | The low Stochastics value suggests BFTR may be oversold. |
| Average True Range in percent/ATR (20) | 1.65 | LOW VOLATILITY | The low ATR as a percentage value for BFTR suggests low volalility. |
| Average Directional Index/ADX (14) | 34.16 | POSITIVE | The high ADX value value for BFTR 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)
Blackrock Future Innovators ETF
NYSEARCA:BFTR (10/30/2023, 8:04:01 PM)
23.895
+0.01 (+0.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.03%
1 Week-2.81%
2 Weeks-8.41%
1 Month-8.45%
3 Month-16.95%
6 Month-7.64%
12 Month2.86%
2 Year-54.73%
3 Year-32.78%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.38
ATR(20)%1.65%
ATR Inc-79.97%
Range Today0.11
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45
Mansfield-1.01
10 Day High26.42
10 Day Low23.79
20 Day High26.77
20 Day Low23.79
52 Week High30.39
52 Week Low23.22
CS1 End23.89
CR1 Start25.33
Volume & EV
DER(3)0%
DER(5)0%
Volume2.30K
Volume Incr23.68%
Vol(5)940
Vol(50)1.15K