Logo image of BITK.CA

BLOCKCHAINK2 CORP (BITK.CA) Stock Technical Analysis

TSX-V:BITK - TSX Venture Exchange - CA09369M1077 - Common Stock - Currency: CAD

0.075  +0 (+7.14%)

Technical Rating and Analysis

1

We assign a technical rating of 1 out of 10 to BITK. BITK'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.
98% of all other stocks performed better in the past year than BITK.
BITK is one of the lesser performing stocks in the Software industry. 91% of 63 stocks in the same industry do better.
BITK is currently trading near the lower end of its 52 week range, which is not a good sign. BITK is lagging the S&P500 Index which is trading in the middle of its 52 week range.
Warning: BITK has an average volume of 28239 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month BITK has a been trading in the 0.07 - 0.09 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
BLOCKCHAINK2 CORP / BITK Weekly stock chart
BLOCKCHAINK2 CORP / BITK Daily stock chart
Setup Rating and Analysis

5

BITK has a poor technical rating and the quality of the setup is also only medium 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.

Support and Resistance Analysis

0.07

0.09

We found 1 important support area.

  • A support zone ranging from 0.07 to 0.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

2 important resistance areas can be observed.

  • A resistance zone ranging from 0.08 to 0.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 0.09 to 0.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.83
Mansfield-5.88
10 Day High0.09
10 Day Low0.07
20 Day High0.09
20 Day Low0.07
52 Week High0.53
52 Week Low0.07
Performance
1 Week-11.76%
2 Weeks0%
1 Month7.14%
3 Month-31.82%
6 Month-34.78%
12 Month-79.73%
2 Year-28.57%
3 Year-54.55%
5 Year-53.12%
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
RSI(14)48.03
LBB0.07
UBB0.09
BLOCKCHAINK2 CORP / BITK Daily stock chart

BLOCKCHAINK2 CORP

TSX-V:BITK (4/2/2025, 7:00:00 PM)

0.075

+0 (+7.14%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg7.14%
1 Week-11.76%
2 Weeks0%
1 Month7.14%
3 Month-31.82%
6 Month-34.78%
12 Month-79.73%
2 Year-28.57%
3 Year-54.55%
5 Year-53.12%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%8.33%
ATR Inc-63.16%
Range Today0
ADR(20)0
ADR(20)%4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.83
Mansfield-5.88
10 Day High0.09
10 Day Low0.07
20 Day High0.09
20 Day Low0.07
52 Week High0.53
52 Week Low0.07
CS1 End0.07
CR1 Start0.08
Volume & EV
DER(3)0%
DER(5)0%
Volume1.00K
Volume Incr-52.98%
Vol(5)6.22K
Vol(50)28.24K