AMPLIFY BIT 2% MNTH OPT INC (BITY) Stock Technical Analysis
NYSEARCA:BITY - NYSE Arca - US0321084586 - ETF - Currency: USD
Overall BITY gets a technical rating of 5 out of 10. BITY has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
When comparing the yearly performance of all stocks, BITY is a bad performer in the overall market: 100% of all stocks are doing better.
Warning: BITY has an average volume of 6876 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
In the last month BITY has a been trading in the 53.42 - 61.76 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days.
BITY has an average technical rating and it also does not offer a high 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.
More info and screens
53.62
61.26
We found 1 important support area.
- A support zone ranging from 54.16 to 54.50. 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 BITY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BITY is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | BITY has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BITY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BITY is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 65.15 | NEUTRAL | The RSI value for BITY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests BITY has a positive trend. |
| Stochastics (14,3) | 79.63 | NEUTRAL | The Stochastics value for BITY is a neutral value. |
| Average True Range in percent/ATR (20) | 1.99 | LOW VOLATILITY | The low ATR as a percentage value for BITY suggests low volalility. |
| Average Directional Index/ADX (14) | 20.36 | NEUTRAL | The ADX value for BITY 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)
60.65
-0.12 (-0.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.2%
1 Week3.18%
2 Weeks6.88%
1 Month9.88%
3 MonthN/A
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.29
ATR(20)%1.99%
ATR Inc16.24%
Range Today1.23
ADR(20)0.84
ADR(20)%1.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High61.76
10 Day Low56.01
20 Day High61.76
20 Day Low53.43
52 Week HighN/A
52 Week LowN/A
CS1 End54.5
CR1 StartN/A
Volume & EV
DER(3)-7.56%
DER(5)-3.53%
Volume17.30K
Volume Incr173.13%
Vol(5)18.30K
Vol(50)6.88K