BAKKT HOLDINGS INC (BKKT) Stock Technical Analysis
NYSE:BKKT - New York Stock Exchange, Inc. - US05759B3050 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to BKKT. BKKT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, BKKT is a bad performer in the overall market: 82% of all stocks are doing better.
BKKT is part of the Capital Markets industry. There are 229 other stocks in this industry, of which 77% are performing better than BKKT.
BKKT is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BKKT is lagging the market.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
In the last month BKKT has a been trading in the 7.92 - 10.98 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although the technical rating is bad, BKKT does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for BKKT in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
8.29
16.06
When analyzing the support we can see 3 important areas.
- A support zone ranging from 9.27 to 9.32. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @8.96 from a horizontal line in the daily time frame.
- Support @8.37 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @10.06 from a horizontal line in the weekly time frame.
- Resistance @10.45 from a horizontal line in the daily time frame.
- Resistance @15.90 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.2
Mansfield-3.89
10 Day High10.98
10 Day Low8.71
20 Day High10.98
20 Day Low7.92
52 Week High37.21
52 Week Low6.81
Performance
1 Week6.72%
2 Weeks5.26%
1 Month13.62%
3 Month-32.36%
6 Month-11.57%
12 Month-12.65%
2 Year-71.8%
3 Year-85.95%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.18
RSI(14)52.37
LBB8.8
UBB10.51
10.01
-0.04 (-0.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-0.4%
1 Week6.72%
2 Weeks5.26%
1 Month13.62%
3 Month-32.36%
6 Month-11.57%
12 Month-12.65%
2 Year-71.8%
3 Year-85.95%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.84
ATR(20)%7.86%
ATR Inc12.22%
Range Today1.06
ADR(20)0.74
ADR(20)%7.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.2
Mansfield-3.89
10 Day High10.98
10 Day Low8.71
20 Day High10.98
20 Day Low7.92
52 Week High37.21
52 Week Low6.81
CS1 End9.32
CR1 Start10.06
Volume & EV
DER(3)3.92%
DER(5)-4.7%
Volume431.90K
Volume Incr24.12%
Vol(5)269.16K
Vol(50)431.98K