GLOBAL X BLOCKCHAIN ETF (BKCH) Stock Technical Analysis
NASDAQ:BKCH - US37960A7357 - ETF
62.54 USD
+0.27 (+0.43%)
Taking everything into account, BKCH scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BKCH is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
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 upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BKCH is lagging the market slightly.
In the last month BKCH has a been trading in the 52.48 - 63.44 range, which is quite wide. It is currently trading near the high of this range.
BKCH has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 63.23. Right above this resistance zone may be a good entry point. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
31.64
64.47
We found 5 important support areas.
- Support @62.27 from a trend line in the daily time frame.
- A support zone ranging from 58.56 to 58.81. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 53.54 to 53.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @33.94 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 63.23 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 | UP | POSITIVE | The short term trend for BKCH is up. |
| ChartMill Relative Strength | 91.69 | POSITIVE | BKCH has a high relative strength, it outperformed 91.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BKCH is above the rising 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) | 59.29 | NEUTRAL | The RSI value for BKCH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.31 | POSITIVE | The MACD value suggests BKCH has a positive trend. |
| Stochastics (14,3) | 86.03 | OVERBOUGHT | The high Stochastics value suggests BKCH may be overbought. |
| Average True Range in percent/ATR (20) | 4.76 | MEDIUM VOLATILITY | The ATR as a percentage value for BKCH suggests some volalility. |
| Average Directional Index/ADX (14) | 16.98 | NEGATIVE | The low ADX value for BKCH suggests a weak or negative 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 63.84 | 62.26 | 1.58 (2.47%) | 25.00% |
| An entry @63.84. This is a Buy Stop order right above the resistance zone. | An exit @62.26. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.58 points, which is 2.47%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.62%. |
- The distance between exit and entry is rather small compared to the average daily movement of BKCH. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:BKCH (8/27/2025, 8:00:01 PM)
62.54
+0.27 (+0.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.43%
1 Week5.25%
2 Weeks8.14%
1 Month8.52%
3 Month51.69%
6 Month43.8%
12 Month43.94%
2 Year126.51%
3 Year128.25%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.87
ATR(20)%4.76%
ATR Inc-36.66%
Range Today1.28
ADR(20)2.68
ADR(20)%4.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.69
Mansfield1.2
10 Day High63.44
10 Day Low55.61
20 Day High63.44
20 Day Low52.49
52 Week High77.35
52 Week Low28.22
CS1 End62.27
CR1 Start63.23
Volume & EV
DER(3)0.3%
DER(5)-2.54%
Volume24.40K
Volume Incr1.25%
Vol(5)81.92K
Vol(50)72.54K