Blackrock Future Innovators ETF (BFTR) Technical Analysis
NYSEARCA:BFTR • US09290C2026
Current stock price
BFTR Technical Rating and Analysis
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 compared to the yearly performance of all other stocks, BFTR outperforms 45% of them, which is more or less in line with the market.
BFTR Weekly and Daily overview Charts
BFTR Setup Rating and Analysis
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
BFTR Support and Resistance Analysis
23.65
When analyzing the support we notice one important area.
- Support @23.89 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 4 important 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.
BFTR Technical Indicator Signal Analysis
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. |
BFTR Chart- and CandleStick Pattern Analysis
BFTR Technicals: Chart, Performance Metrics, Trend & Indicators
Blackrock Future Innovators ETF
NYSEARCA:BFTR (10/30/2023, 8:04:01 PM)
23.895
+0.01 (+0.03%)
Blackrock Future Innovators ETF / BFTR TA FAQ
Can you provide the ChartMill technical rating for Blackrock Future Innovators ETF?
ChartMill assigns a technical rating of 1 / 10 to BFTR.
Can you provide the trend direction for Blackrock Future Innovators ETF?
The current trend direction for Blackrock Future Innovators ETF (BFTR) is Bearish.
What is the RSI signal for Blackrock Future Innovators ETF (BFTR) stock?
Blackrock Future Innovators ETF (BFTR) has an RSI value of 29.8283. This indicates that the stock is currently oversold.
What is the short term momentum for BFTR stock?
The short term momentum for Blackrock Future Innovators ETF (BFTR) is negative.
What are the support and resistance levels for Blackrock Future Innovators ETF (BFTR) stock?
Blackrock Future Innovators ETF (BFTR) has a support level at 23.89 and a resistance level at 25.33. Check the full technical report for our detailed analysis of BFTR support and resistance levels.