COINSHARES BITCOIN ETP (BITC.DE) Stock Technical Analysis
FRA:BITC • GB00BLD4ZL17
Overall BITC gets a technical rating of 0 out of 10. BITC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, BITC is a bad performer in the overall market: 94% of all stocks are doing better.
- BITC 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 BITC has a been trading in the 51.16 - 67.62 range, which is quite wide. It is currently trading near the lows of this range.
BITC has a poor technical rating and the quality of the setup is also not perfect 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
54.10
We found 1 important support area.
- A support zone ranging from 54.65 to 54.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
4 important resistance areas can be observed.
- Resistance @55.52 from a horizontal line in the daily time frame.
- A resistance zone ranging from 69.71 to 70.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @72.33 from a trend line in the daily time frame.
- Resistance @98.33 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 BITC.DE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BITC.DE is down. |
| ChartMill Relative Strength | 6.39 | NEGATIVE | BITC.DE has a low relative strength, it was outperformed by 93.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BITC.DE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BITC.DE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BITC.DE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.18 | NEUTRAL | The RSI value for BITC.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.48 | POSITIVE | The MACD value suggests BITC.DE has a positive trend. |
| Stochastics (14,3) | 46.99 | NEUTRAL | The Stochastics value for BITC.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 4.43 | MEDIUM VOLATILITY | The ATR as a percentage value for BITC.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 45.06 | POSITIVE | The high ADX value value for BITC.DE suggests a strong trend. |
FRA:BITC (2/27/2026, 10:21:40 AM)
55.43
+0.73 (+1.33%)
COINSHARES BITCOIN ETP / BITC.DE FAQ
What is the technical rating for BITC stock?
ChartMill assigns a technical rating of 0 / 10 to BITC.DE.
What is the trend direction for BITC stock?
The current trend direction for COINSHARES BITCOIN ETP (BITC.DE) is Bearish.
What is the RSI signal for COINSHARES BITCOIN ETP (BITC.DE) stock?
COINSHARES BITCOIN ETP (BITC.DE) has an RSI value of 36.1849. This indicates that the stock is currently neutral.
Can you provide the MACD signal for COINSHARES BITCOIN ETP?
The MACD indicator for COINSHARES BITCOIN ETP (BITC.DE) has a value of 0.478948, indicating a bearish trend.
What is the short term momentum for COINSHARES BITCOIN ETP (BITC.DE) stock?
The short term momentum for COINSHARES BITCOIN ETP (BITC.DE) is negative.