GLOBAL X BLOCKCHAIN ETF (BKCH) Stock Technical Analysis
NASDAQ:BKCH - Nasdaq - US37960A7357 - ETF - Currency: USD
We assign a technical rating of 7 out of 10 to BKCH. 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 BKCH has a been trading in the 52.48 - 67.40 range, which is quite wide. It is currently trading near the lows of this range.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, BKCH did better than 89% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
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.
BKCH has an excellent technical rating, but the quality of the setup is only medium 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
31.64
64.47
When analyzing the support we can see 3 important areas.
- A support zone ranging from 52.94 to 54.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @33.56 from a trend line in the weekly time frame.
- Support @31.96 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 62.09 to 63.83. 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 BKCH is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BKCH is neutral. |
| ChartMill Relative Strength | 89.19 | POSITIVE | BKCH has a high relative strength, it outperformed 89.19% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BKCH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BKCH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BKCH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.67 | NEUTRAL | The RSI value for BKCH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.1 | NEGATIVE | The MACD value suggests BKCH has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.76 | NEUTRAL | The Stochastics value for BKCH is a neutral value. |
| Average True Range in percent/ATR (20) | 5.49 | HIGH VOLATILITY | The high ATR as a percentage value for BKCH suggests high volalility. |
| Average Directional Index/ADX (14) | 23.63 | NEUTRAL | The ADX value for BKCH 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)
NASDAQ:BKCH (8/6/2025, 8:10:34 PM)
57.34
+1.44 (+2.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.58%
1 Week-0.5%
2 Weeks-9.21%
1 Month-1.26%
3 Month41.83%
6 Month6.32%
12 Month33.47%
2 Year107.68%
3 Year109.27%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.22
ATR(20)%5.49%
ATR Inc-39.87%
Range Today2.12
ADR(20)2.71
ADR(20)%4.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.19
Mansfield0.58
10 Day High64.18
10 Day Low52.49
20 Day High67.4
20 Day Low52.49
52 Week High77.35
52 Week Low28.22
CS1 End54.29
CR1 Start62.09
Volume & EV
DER(3)3.17%
DER(5)1.72%
Volume34.60K
Volume Incr-22.12%
Vol(5)54.22K
Vol(50)56.26K