ISHARES BLOCKCHAIN TECH USDA (BLTH.MI) Stock Technical Analysis
BIT:BLTH - Euronext Milan - IE000RDRMSD1 - ETF - Currency: EUR
Taking everything into account, BLTH scores 8 out of 10 in our technical rating. 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 BLTH has a been trading in the 11.80 - 14.22 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that BLTH is one of the better performing stocks in the market, outperforming 88% of all stocks.
BLTH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BLTH is lagging the market.
Although BLTH has an excellent technical rating, it does not offer a high 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
7.37
14.24
3 important support areas can be observed.
- A support zone ranging from 12.00 to 12.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.75 from a trend line in the weekly time frame.
- Support @7.44 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 13.43 to 13.61. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @14.10 from a trend line 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 | UP | POSITIVE | The long term trend for BLTH.MI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BLTH.MI is neutral. |
| ChartMill Relative Strength | 88.22 | POSITIVE | BLTH.MI has a high relative strength, it outperformed 88.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BLTH.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BLTH.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BLTH.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.97 | NEUTRAL | The RSI value for BLTH.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests BLTH.MI has a negative trend. |
| Stochastics (14,3) | 20.24 | NEUTRAL | The Stochastics value for BLTH.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.87 | MEDIUM VOLATILITY | The ATR as a percentage value for BLTH.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 30.93 | POSITIVE | The high ADX value value for BLTH.MI 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)
BIT:BLTH (8/4/2025, 7:00:00 PM)
12.32
+0.2 (+1.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.62%
1 Week-8.27%
2 Weeks-9.28%
1 Month-2.41%
3 Month31.53%
6 Month0.06%
12 Month31.46%
2 Year117.94%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.53
ATR(20)%3.87%
ATR Inc39.03%
Range Today0.26
ADR(20)0.42
ADR(20)%3.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.22
Mansfield0.47
10 Day High14.22
10 Day Low11.8
20 Day High14.22
20 Day Low11.8
52 Week High15.6
52 Week Low6.56
CS1 End12.12
CR1 Start13.43
Volume & EV
DER(3)0%
DER(5)0%
Volume26.15K
Volume Incr-57.09%
Vol(5)20.24K
Vol(50)30.64K