Blackrock Future Innovators ETF (BFTR) Stock Technical Analysis
USA - NYSEARCA:BFTR - US09290C2026 - ETF
We assign a technical rating of 1 out of 10 to BFTR. 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 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
We found 1 important support area.
- Support @23.89 from a horizontal line in the weekly time frame.
4 important resistance areas can be observed.
- 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. |
Blackrock Future Innovators ETF
NYSEARCA:BFTR (10/30/2023, 8:04:01 PM)
23.895
+0.01 (+0.03%)
Blackrock Future Innovators ETF / BFTR FAQ
Can you provide the ChartMill technical rating for Blackrock Future Innovators ETF?
ChartMill assigns a technical rating of 1 / 10 to BFTR.
What is the current trend direction of Blackrock Future Innovators ETF (BFTR) stock?
The current trend direction for Blackrock Future Innovators ETF (BFTR) is Bearish.
What is the RSI signal for 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 MACD signal for BFTR stock?
The MACD indicator for Blackrock Future Innovators ETF (BFTR) has a value of -0.142608, indicating a bearish trend.
Can you provide the short term momentum for Blackrock Future Innovators ETF?
The short term momentum for Blackrock Future Innovators ETF (BFTR) is negative.