COINSHARES BITCOIN ETP (BITC.PA) Stock Technical Analysis
EPA:BITC • GB00BLD4ZL17
We assign a technical rating of 0 out of 10 to BITC. BITC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 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.
- 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.
- Warning: BITC has an average volume of 4984 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Although the technical rating is bad, BITC does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
53.14
2 important support areas can be observed.
- A support zone ranging from 55.05 to 55.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @53.68 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 71.37 to 71.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @95.19 from a horizontal line in the daily time frame.
- Resistance @97.82 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.PA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BITC.PA is down. |
| ChartMill Relative Strength | 6.64 | NEGATIVE | BITC.PA has a low relative strength, it was outperformed by 93.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BITC.PA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BITC.PA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BITC.PA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 30.34 | NEUTRAL | The RSI value for BITC.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests BITC.PA has a positive trend. |
| Stochastics (14,3) | 15.61 | OVERSOLD | The low Stochastics value suggests BITC.PA may be oversold. |
| Average True Range in percent/ATR (20) | 4.41 | MEDIUM VOLATILITY | The ATR as a percentage value for BITC.PA suggests some volalility. |
| Average Directional Index/ADX (14) | 44.89 | POSITIVE | The high ADX value value for BITC.PA suggests a strong trend. |
EPA:BITC (2/20/2026, 7:00:00 PM)
55.196
+1.01 (+1.86%)
COINSHARES BITCOIN ETP / BITC.PA FAQ
What is the technical rating for BITC stock?
ChartMill assigns a technical rating of 0 / 10 to BITC.PA.
What is the trend direction for BITC stock?
The current trend direction for COINSHARES BITCOIN ETP (BITC.PA) is Bearish.
What is the RSI signal for COINSHARES BITCOIN ETP (BITC.PA) stock?
COINSHARES BITCOIN ETP (BITC.PA) has an RSI value of 30.3364. 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.PA) has a value of 0.0359176, indicating a bearish trend.
What is the short term momentum for COINSHARES BITCOIN ETP (BITC.PA) stock?
The short term momentum for COINSHARES BITCOIN ETP (BITC.PA) is negative.