Overall BGIN gets a technical rating of 3 out of 10. In the last year, BGIN was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
BGIN has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 2.68, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BGIN in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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2.64
When analyzing the support we notice one important area.
- A support zone ranging from 2.67 to 2.68. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- Resistance @3.19 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 BGIN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BGIN is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | BGIN has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BGIN is above a declining SMA(20). |
| Relative Strength Index/RSI (14) | 43.27 | NEUTRAL | The RSI value for BGIN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests BGIN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 57.95 | NEUTRAL | The Stochastics value for BGIN is a neutral value. |
| Average True Range in percent/ATR (20) | 7.94 | HIGH VOLATILITY | The high ATR as a percentage value for BGIN suggests high volalility. |
| Average Directional Index/ADX (14) | 32.31 | POSITIVE | The high ADX value value for BGIN suggests a strong trend. |
3.04
+0.02 (+0.66%)
BGIN BLOCKCHAIN LTD CL A / BGIN FAQ
Can you provide the ChartMill technical rating for BGIN BLOCKCHAIN LTD CL A?
ChartMill assigns a technical rating of 3 / 10 to BGIN.
What is the current trend direction of BGIN BLOCKCHAIN LTD CL A (BGIN) stock?
The current trend direction for BGIN BLOCKCHAIN LTD CL A (BGIN) is Bullish.
What is the RSI signal for BGIN BLOCKCHAIN LTD CL A (BGIN) stock?
BGIN BLOCKCHAIN LTD CL A (BGIN) has an RSI value of 43.2703. This indicates that the stock is currently neutral.
Can you provide the MACD signal for BGIN BLOCKCHAIN LTD CL A?
The MACD indicator for BGIN BLOCKCHAIN LTD CL A (BGIN) has a value of -0.0632382, indicating a bearish trend.
What is the buy/sell signal for BGIN BLOCKCHAIN LTD CL A (BGIN) stock?
The buy/sell signal for BGIN BLOCKCHAIN LTD CL A (BGIN) is buy as both the short term and long term trends are positive.