BITWISE CRYPTO IND INNOV ETF (BITQ) Stock Technical Analysis
NYSEARCA:BITQ - NYSE Arca - US3015056241 - ETF - Currency: USD
Taking everything into account, BITQ scores 7 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month BITQ has a been trading in the 18.68 - 23.05 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that BITQ is one of the better performing stocks in the market, outperforming 90% of all stocks.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
BITQ is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BITQ is lagging the market.
Volume is considerably higher in the last couple of days.
Although BITQ has an excellent technical rating, it does not present a decent entry opportunity 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
11.73
22.55
When analyzing the support we can see 3 important areas.
- A support zone ranging from 18.85 to 18.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @12.84 from a trend line in the weekly time frame.
- Support @11.85 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 21.99 to 22.33. 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 | UP | POSITIVE | The long term trend for BITQ is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BITQ is down. |
| ChartMill Relative Strength | 90.4 | POSITIVE | BITQ has a high relative strength, it outperformed 90.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BITQ is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of BITQ is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BITQ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.99 | NEUTRAL | The RSI value for BITQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.39 | NEGATIVE | The MACD value suggests BITQ has a negative trend. |
| Stochastics (14,3) | 13.27 | OVERSOLD | The low Stochastics value suggests BITQ may be oversold. |
| Average True Range in percent/ATR (20) | 4.65 | MEDIUM VOLATILITY | The ATR as a percentage value for BITQ suggests some volalility. |
| Average Directional Index/ADX (14) | 21.96 | NEUTRAL | The ADX value for BITQ suggests a possible start of a new trend. |
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)
NYSEARCA:BITQ (8/5/2025, 8:04:01 PM)
19.24
-0.4 (-2.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.04%
1 Week-4.75%
2 Weeks-11.95%
1 Month-4.66%
3 Month24.85%
6 Month7.19%
12 Month59.01%
2 Year152.83%
3 Year155.17%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.9
ATR(20)%4.65%
ATR Inc-13.38%
Range Today0.53
ADR(20)0.78
ADR(20)%4.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.4
Mansfield0.88
10 Day High21.97
10 Day Low18.68
20 Day High23.05
20 Day Low18.68
52 Week High23.09
52 Week Low10.5
CS1 End18.9
CR1 Start21.99
Volume & EV
DER(3)-1.68%
DER(5)-1.97%
Volume144.90K
Volume Incr6.46%
Vol(5)238.92K
Vol(50)166.48K