USA - NYSE:BKKT - US05759B3050 - Common Stock
We assign a technical rating of 6 out of 10 to BKKT. 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.
BKKT has an average technical rating and the quality of the presented setup is also not ideal 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.
8.05
When analyzing the support we can see 2 important areas.
When analyzing the resistance we notice one important area.
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 BKKT is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BKKT is down. |
| ChartMill Relative Strength | 96.69 | POSITIVE | BKKT has a high relative strength, it outperformed 96.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BKKT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of BKKT is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BKKT is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.43 | NEUTRAL | The RSI value for BKKT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.06 | NEGATIVE | The MACD value suggests BKKT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.09 | OVERSOLD | The low Stochastics value suggests BKKT may be oversold. |
| Average True Range in percent/ATR (20) | 18.16 | HIGH VOLATILITY | The high ATR as a percentage value for BKKT suggests high volalility. |
| Average Directional Index/ADX (14) | 24.52 | NEUTRAL | The ADX value for BKKT suggests a possible start of a new trend. |
21.61
+0.14 (+0.65%)
ChartMill assigns a technical rating of 6 / 10 to BKKT.
The current trend direction for BAKKT HOLDINGS INC (BKKT) is Bullish.
BAKKT HOLDINGS INC (BKKT) has an RSI value of 42.4277. This indicates that the stock is currently neutral.
The MACD indicator for BAKKT HOLDINGS INC (BKKT) has a value of -1.06455, indicating a bearish trend.
The buy/sell signal for BAKKT HOLDINGS INC (BKKT) is hold as the short term and long term trends are mixed.