BLOCKCHAINK2 CORP (BITK.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:BITK - CA09369M1077 - Common Stock
We assign a technical rating of 0 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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 93% of all other stocks performed better in the past year than BITK.
- BITK is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month BITK has a been trading in the 0.08 - 0.13 range, which is quite wide. It is currently trading near the lows of this range.
- BITK is an average performer in the Software industry, it outperforms 50% of 68 stocks in the same industry.
BITK has a poor technical rating and the quality of the setup is also not perfect 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.
More info and screens
0.08
We found 1 important support area.
- A support zone ranging from 0.08 to 0.08. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 0.09 to 0.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.10 to 0.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 0.12 to 0.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 BITK.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BITK.CA is down. |
| ChartMill Relative Strength | 7.97 | NEGATIVE | BITK.CA has a low relative strength, it was outperformed by 92.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BITK.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BITK.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BITK.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.7 | NEUTRAL | The RSI value for BITK.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests BITK.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.33 | OVERSOLD | The low Stochastics value suggests BITK.CA may be oversold. |
| Average True Range in percent/ATR (20) | 10.59 | HIGH VOLATILITY | The high ATR as a percentage value for BITK.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 19.75 | NEGATIVE | The low ADX value for BITK.CA suggests a weak or negative trend. |
TSX-V:BITK (1/20/2026, 7:00:00 PM)
0.085
+0.01 (+6.25%)
BLOCKCHAINK2 CORP / BITK.CA FAQ
What is the technical rating for BITK stock?
ChartMill assigns a technical rating of 0 / 10 to BITK.CA.
Can you provide the trend direction for BLOCKCHAINK2 CORP?
The current trend direction for BLOCKCHAINK2 CORP (BITK.CA) is Bearish.
What is the RSI signal for BLOCKCHAINK2 CORP (BITK.CA) stock?
BLOCKCHAINK2 CORP (BITK.CA) has an RSI value of 45.6985. This indicates that the stock is currently neutral.
Can you provide the MACD signal for BLOCKCHAINK2 CORP?
The MACD indicator for BLOCKCHAINK2 CORP (BITK.CA) has a value of -0.00154778, indicating a bearish trend.
What is the buy/sell signal for BLOCKCHAINK2 CORP (BITK.CA) stock?
The buy/sell signal for BLOCKCHAINK2 CORP (BITK.CA) is sell as both the short term and long term trends are negative.