Overall BITC gets a technical rating of 0 out of 10. 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.
The technical rating of BITC is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
36.06
We can see 3 important resistance areas.
- A resistance zone ranging from 39.10 to 39.20. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 40.30 to 40.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @50.67 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 | DOWN | NEGATIVE | The long term trend for BITC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BITC is down. |
| ChartMill Relative Strength | 15.02 | NEGATIVE | BITC has a low relative strength, it was outperformed by 84.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BITC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BITC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BITC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 18.88 | OVERSOLD | The low RSI value suggests BITC may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests BITC has a negative trend. |
| Stochastics (14,3) | 3.68 | OVERSOLD | The low Stochastics value suggests BITC may be oversold. |
| Average True Range in percent/ATR (20) | 1.89 | LOW VOLATILITY | The low ATR as a percentage value for BITC suggests low volalility. |
| Average Directional Index/ADX (14) | 42.74 | POSITIVE | The high ADX value value for BITC suggests a strong trend. |
36.4211
-1.29 (-3.41%)
BIT TRE BIT TRE RO ST ET-USD / BITC FAQ
What is the technical rating for BITC stock?
ChartMill assigns a technical rating of 0 / 10 to BITC.
What is the current trend direction of BIT TRE BIT TRE RO ST ET-USD (BITC) stock?
The current trend direction for BIT TRE BIT TRE RO ST ET-USD (BITC) is Bearish.
What is the RSI signal for BIT TRE BIT TRE RO ST ET-USD (BITC) stock?
BIT TRE BIT TRE RO ST ET-USD (BITC) has an RSI value of 18.8829. This indicates that the stock is currently oversold.
Can you provide the short term momentum for BIT TRE BIT TRE RO ST ET-USD?
The short term momentum for BIT TRE BIT TRE RO ST ET-USD (BITC) is negative.
What are the support and resistance levels for BIT TRE BIT TRE RO ST ET-USD (BITC) stock?
BIT TRE BIT TRE RO ST ET-USD (BITC) has a resistance level at 39.1. Check the full technical report for our detailed analysis of BITC support and resistance levels.