BLOCKCHAINK2 CORP (BITK.CA) Stock Technical Analysis
TSX-V:BITK • CA09369M1077
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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, BITK is a bad performer in the overall market: 96% of all stocks are doing better.
- 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 0.07 - 0.09 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- BITK is an average performer in the Software industry, it outperforms 44% of 69 stocks in the same industry.
Although the technical rating is bad, BITK does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 0.08. Right above this resistance zone may be a good entry point.
More info and screens
0.07
We can see 3 important resistance areas.
- 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 and important moving averages 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 | 4.75 | NEGATIVE | BITK.CA has a low relative strength, it was outperformed by 95.25% 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) | 43.41 | 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. |
| Stochastics (14,3) | 33.33 | NEUTRAL | The Stochastics value for BITK.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.33 | HIGH VOLATILITY | The high ATR as a percentage value for BITK.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 11 | NEGATIVE | The low ADX value for BITK.CA suggests a weak or negative trend. |
TSX-V:BITK (2/17/2026, 7:00:00 PM)
0.075
-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 43.4105. 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 -0.000232022, 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.