COINSHARES PHYSICAL BITCOIN (BITC.DE) Stock Technical Analysis
FRA:BITC - GB00BLD4ZL17 - ETF
92.49 EUR
+1.52 (+1.67%)
Overall BITC gets a technical rating of 5 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
BITC is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
BITC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BITC is lagging the market slightly.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When comparing the yearly performance of all stocks, we notice that BITC is one of the better performing stocks in the market, outperforming 93% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
BITC has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 92.20, a Stop Loss order could be placed below this zone.
More info and screens
65.52
101.00
3 important support areas can be observed.
- A support zone ranging from 89.52 to 92.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 86.17 to 86.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @66.18 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 98.33 to 98.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @100.00 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 BITC.DE is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BITC.DE is down. |
| ChartMill Relative Strength | 93.54 | POSITIVE | BITC.DE has a high relative strength, it outperformed 93.54% 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) | UP | MIXED | The current price of BITC.DE is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BITC.DE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.52 | NEUTRAL | The RSI value for BITC.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests BITC.DE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 36.06 | NEUTRAL | The Stochastics value for BITC.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.49 | MEDIUM VOLATILITY | The ATR as a percentage value for BITC.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 9.83 | NEGATIVE | The low ADX value for BITC.DE suggests a weak or negative 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)
FRA:BITC (9/8/2025, 7:00:00 PM)
92.49
+1.52 (+1.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.67%
1 Week3.22%
2 Weeks-0.25%
1 Month-7.51%
3 Month4.92%
6 Month28.58%
12 Month78.6%
2 Year275%
3 Year362.91%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.33
ATR(20)%2.49%
ATR Inc-2.72%
Range Today1.28
ADR(20)1.83
ADR(20)%1.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.54
Mansfield0.13
10 Day High93.96
10 Day Low88.82
20 Day High100.78
20 Day Low88.82
52 Week High102.32
52 Week Low50.06
CS1 End92.2
CR1 Start98.33
Volume & EV
DER(3)0%
DER(5)0%
Volume25.08K
Volume Incr-19.32%
Vol(5)42.42K
Vol(50)47.14K