TSX:BITI - Toronto Stock Exchange - CA0866242021 - ETF - Currency: CAD
Overall BITI gets a technical rating of 0 out of 10. BITI'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 BITI is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
15.34
When analyzing the support we notice one important area.
We can see 5 important resistance areas.
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 BITI.CA is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BITI.CA is down. |
ChartMill Relative Strength | 3.05 | NEGATIVE | BITI.CA has a low relative strength, it was outperformed by 96.95% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BITI.CA is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BITI.CA is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BITI.CA is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 32.16 | NEUTRAL | The RSI value for BITI.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests BITI.CA has a negative trend. |
Stochastics (14,3) | 20.42 | NEUTRAL | The Stochastics value for BITI.CA is a neutral value. |
Average True Range in percent/ATR (20) | 2.67 | MEDIUM VOLATILITY | The ATR as a percentage value for BITI.CA suggests some volalility. |
Average Directional Index/ADX (14) | 20.9 | NEUTRAL | The ADX value for BITI.CA suggests a possible start of a new trend. |
TSX:BITI (7/17/2025, 7:00:00 PM)
15.68
-0.29 (-1.82%)