BAKKT HOLDINGS INC (BKKT) Stock Technical Analysis
NYSE:BKKT - US05759B3050 - Common Stock
8.86 USD
+0.91 (+11.45%)
8.94 USD
+0.08 (+0.9%)
Taking everything into account, BKKT scores 0 out of 10 in our technical rating. BKKT'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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, BKKT is a bad performer in the overall market: 94% of all stocks are doing better.
BKKT is one of the lesser performing stocks in the Capital Markets industry. 86% of 237 stocks in the same industry do better.
BKKT is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month BKKT has a been trading in the 7.86 - 19.31 range, which is quite wide. It is currently trading near the lows of this range.
BKKT has an average volume of 1138880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of BKKT is bad and it also does not present a quality setup 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
7.86
10.10
3 important support areas can be observed.
- Support @8.85 from a trend line in the weekly time frame.
- Support @8.15 from a horizontal line in the weekly time frame.
- Support @7.94 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 9.86 to 10.00. This zone is formed by a combination of multiple trend lines and important moving averages 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 BKKT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BKKT is down. |
| ChartMill Relative Strength | 6.98 | NEGATIVE | BKKT has a low relative strength, it was outperformed by 93.02% 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) | DOWN | NEGATIVE | The current price of BKKT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BKKT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.14 | NEUTRAL | The RSI value for BKKT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests BKKT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.42 | OVERSOLD | The low Stochastics value suggests BKKT may be oversold. |
| Average True Range in percent/ATR (20) | 12.86 | HIGH VOLATILITY | The high ATR as a percentage value for BKKT suggests high volalility. |
| Average Directional Index/ADX (14) | 30.26 | POSITIVE | The high ADX value value for BKKT 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)
8.86
+0.91 (+11.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg11.45%
1 Week-11.31%
2 Weeks-18.04%
1 Month-50.94%
3 Month-16.89%
6 Month-38.13%
12 Month-41.6%
2 Year-74.32%
3 Year-86.32%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.76
ATR(20)%12.86%
ATR Inc-2.39%
Range Today0.94
ADR(20)0.77
ADR(20)%8.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.98
Mansfield-4.64
10 Day High10.82
10 Day Low7.86
20 Day High19.31
20 Day Low7.86
52 Week High37.21
52 Week Low6.81
CS1 End8.85
CR1 Start9.86
Volume & EV
DER(3)-1.33%
DER(5)-4.28%
Volume1.43M
Volume Incr-24.11%
Vol(5)1.29M
Vol(50)1.14M