GLOB X BLOCKCHAIN UCITS ETF (BKCH.MI) Stock Technical Analysis
BIT:BKCH - Euronext Milan - IE000XAGSCY5 - ETF - Currency: EUR
Taking everything into account, BKCH scores 1 out of 10 in our technical rating. BKCH'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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, BKCH is a bad performer in the overall market: 84% of all stocks are doing better.
BKCH is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BKCH is lagging the market.
Warning: BKCH has an average volume of 5328 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month BKCH has a been trading in the 5.13 - 8.74 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
The technical rating of BKCH is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
5.80
9.33
When analyzing the support we can see 2 important areas.
- Support @6.02 from a trend line in the weekly time frame.
- Support @5.86 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 8.59 to 8.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @9.24 from a horizontal line in the daily time frame.
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 BKCH.MI is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BKCH.MI is neutral. |
| ChartMill Relative Strength | 16.2 | NEGATIVE | BKCH.MI has a low relative strength, it was outperformed by 83.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BKCH.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BKCH.MI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BKCH.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.86 | NEUTRAL | The RSI value for BKCH.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests BKCH.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.31 | OVERBOUGHT | The high Stochastics value suggests BKCH.MI may be overbought. |
| Average True Range in percent/ATR (20) | 5.75 | HIGH VOLATILITY | The high ATR as a percentage value for BKCH.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 21.26 | NEUTRAL | The ADX value for BKCH.MI 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)
BIT:BKCH (6/2/2025, 7:00:00 PM)
7.764
-0.54 (-6.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-6.46%
1 Week-8.94%
2 Weeks18.35%
1 Month8.27%
3 Month-29.04%
6 Month-30.19%
12 Month-3.73%
2 Year43.8%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.36
ATR(20)%5.75%
ATR Inc40.49%
Range Today0.29
ADR(20)0.17
ADR(20)%2.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.2
Mansfield-2.04
10 Day High8.74
10 Day Low7.1
20 Day High8.74
20 Day Low5.13
52 Week High14.08
52 Week Low5.13
CS1 End6.02
CR1 Start8.59
Volume & EV
DER(3)-32.74%
DER(5)-19.65%
Volume3.16K
Volume Incr-50.37%
Vol(5)1.90K
Vol(50)5.33K