BIT TRE BIT TRE RO ST ET-USD (BITC) Stock Technical Analysis
NYSEARCA:BITC - NYSE Arca - US0917482020 - ETF - Currency: USD
We assign a technical rating of 6 out of 10 to BITC. In the past year, BITC was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
BITC is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
Warning: BITC has an average volume of 5691 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month BITC has a been trading in the 38.57 - 47.28 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, BITC did better than 74% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
BITC has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
39.09
47.57
When analyzing the support we can see 2 important areas.
- A support zone ranging from 42.42 to 43.06. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @39.48 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 47.10 to 47.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.5
Mansfield-0.34
10 Day High47.28
10 Day Low42.21
20 Day High47.28
20 Day Low38.57
52 Week High79.48
52 Week Low37.21
Performance
1 Week6.19%
2 Weeks7.77%
1 Month20.81%
3 Month5.86%
6 Month-16.29%
12 Month1.88%
2 Year97.19%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.54
RSI(14)73.84
LBB41.26
UBB46.44
NYSEARCA:BITC (5/9/2025, 8:04:02 PM)
47.0906
+0.88 (+1.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.9%
1 Week6.19%
2 Weeks7.77%
1 Month20.81%
3 Month5.86%
6 Month-16.29%
12 Month1.88%
2 Year97.19%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.12
ATR(20)%2.11%
ATR Inc68.81%
Range Today0.42
ADR(20)0.62
ADR(20)%1.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.5
Mansfield-0.34
10 Day High47.28
10 Day Low42.21
20 Day High47.28
20 Day Low38.57
52 Week High79.48
52 Week Low37.21
CS1 End43.06
CR1 Start47.1
Volume & EV
DER(3)2.98%
DER(5)2.96%
Volume10.08K
Volume Incr-15.93%
Vol(5)5.17K
Vol(50)5.69K