GLOB X BLOCKCHAIN UCITS ETF (BKCH.MI) Stock Technical Analysis
BIT:BKCH - Euronext Milan - IE000XAGSCY5 - ETF - Currency: EUR
We assign a technical rating of 8 out of 10 to BKCH. In the last year, BKCH was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
In the last month BKCH has a been trading in the 9.60 - 12.08 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Warning: BKCH has an average volume of 5016 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that BKCH is one of the better performing stocks in the market, outperforming 91% of all stocks.
BKCH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BKCH is lagging the market.
Although BKCH 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
5.87
11.85
We found 3 important support areas.
- A support zone ranging from 9.88 to 9.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.23 from a trend line in the weekly time frame.
- Support @5.93 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 11.09 to 11.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @11.73 from a trend 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 | UP | POSITIVE | The long term trend for BKCH.MI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BKCH.MI is neutral. |
| ChartMill Relative Strength | 91.82 | POSITIVE | BKCH.MI has a high relative strength, it outperformed 91.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BKCH.MI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BKCH.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BKCH.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.26 | NEUTRAL | The RSI value for BKCH.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests BKCH.MI has a negative trend. |
| Stochastics (14,3) | 1.4 | OVERSOLD | The low Stochastics value suggests BKCH.MI may be oversold. |
| Average True Range in percent/ATR (20) | 4.28 | MEDIUM VOLATILITY | The ATR as a percentage value for BKCH.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 25.62 | POSITIVE | The high ADX value value for BKCH.MI suggests a strong 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 (8/8/2025, 7:00:00 PM)
9.888
0 (-0.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.03%
1 Week-9.37%
2 Weeks-13.37%
1 Month5.54%
3 Month50.73%
6 Month-15.2%
12 Month32.32%
2 Year115.05%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.43
ATR(20)%4.28%
ATR Inc-14.99%
Range Today0.46
ADR(20)0.22
ADR(20)%2.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.82
Mansfield-0.65
10 Day High12.08
10 Day Low9.82
20 Day High12.08
20 Day Low9.6
52 Week High14.08
52 Week Low5.13
CS1 End9.88
CR1 Start11.09
Volume & EV
DER(3)0%
DER(5)0%
Volume69.84K
Volume Incr260.94%
Vol(5)15.74K
Vol(50)5.02K