COINSHARES PHYSICAL BITCOIN (BITC.DE) Stock Technical Analysis
Europe - Frankfurt Stock Exchange - FRA:BITC - GB00BLD4ZL17 - ETF
We assign a technical rating of 0 out of 10 to BITC. 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.
BITC 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 a resistance zone just above the current price starting at 75.31. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 71.56, a Stop Loss order could be placed below this zone.
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69.08
When analyzing the support we notice one important area.
- A support zone ranging from 69.78 to 70.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- Resistance @71.56 from a trend line in the weekly time frame.
- A resistance zone ranging from 75.31 to 76.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @77.72 from a horizontal 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 | 9.39 | NEGATIVE | BITC.DE has a low relative strength, it was outperformed by 90.61% 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) | UP | MIXED | The current price of BITC.DE is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.39 | NEUTRAL | The RSI value for BITC.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.34 | POSITIVE | The MACD value suggests BITC.DE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 34.46 | NEUTRAL | The Stochastics value for BITC.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 3.85 | MEDIUM VOLATILITY | The ATR as a percentage value for BITC.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 24.88 | NEUTRAL | The ADX value for BITC.DE suggests a possible start of a new trend. |
FRA:BITC (12/29/2025, 1:23:31 PM)
71.31
-0.47 (-0.65%)
COINSHARES PHYSICAL BITCOIN / 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 current trend direction of COINSHARES PHYSICAL BITCOIN (BITC.DE) stock?
The current trend direction for COINSHARES PHYSICAL BITCOIN (BITC.DE) is Bearish.
What is the RSI signal for COINSHARES PHYSICAL BITCOIN (BITC.DE) stock?
COINSHARES PHYSICAL BITCOIN (BITC.DE) has an RSI value of 41.3857. This indicates that the stock is currently neutral.
Can you provide the short term momentum for COINSHARES PHYSICAL BITCOIN?
The short term momentum for COINSHARES PHYSICAL BITCOIN (BITC.DE) is negative.
What are the support and resistance levels for COINSHARES PHYSICAL BITCOIN (BITC.DE) stock?
COINSHARES PHYSICAL BITCOIN (BITC.DE) has a support level at 71.56 and a resistance level at 75.31. Check the full technical report for our detailed analysis of BITC.DE support and resistance levels.