ISHARES BLOCKCHAIN TECH USDA (BLTH.MI) Stock Technical Analysis
BIT:BLTH - Euronext Milan - IE000RDRMSD1 - ETF - Currency: EUR
Overall BLTH gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BLTH is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
BLTH 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 BLTH is lagging the market slightly.
Looking at the yearly performance, BLTH did better than 90% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month BLTH has a been trading in the 11.55 - 14.22 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although BLTH has an excellent technical rating, the quality of the presented setup is 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.
More info and screens
7.36
14.31
5 important support areas can be observed.
- A support zone ranging from 13.15 to 13.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @12.14 from a trend line in the daily time frame.
- Support @11.76 from a trend line in the daily time frame.
- Support @7.69 from a trend line in the weekly time frame.
- Support @7.43 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @13.61 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 14.13 to 14.17. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The short term trend for BLTH.MI is up. |
| ChartMill Relative Strength | 90.36 | POSITIVE | BLTH.MI has a high relative strength, it outperformed 90.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BLTH.MI is above the rising 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) | 60.76 | NEUTRAL | The RSI value for BLTH.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests BLTH.MI has a negative trend. |
| Stochastics (14,3) | 58.73 | NEUTRAL | The Stochastics value for BLTH.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.4 | MEDIUM VOLATILITY | The ATR as a percentage value for BLTH.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 35.8 | 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 (7/25/2025, 7:00:00 PM)
13.156
-0.27 (-2.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.04%
1 Week-3.28%
2 Weeks2.73%
1 Month14.36%
3 Month51.48%
6 Month-2.81%
12 Month22.43%
2 Year74.04%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.46
ATR(20)%3.4%
ATR Inc-41.13%
Range Today0.26
ADR(20)0.38
ADR(20)%2.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.36
Mansfield1.12
10 Day High14.22
10 Day Low12.76
20 Day High14.22
20 Day Low11.55
52 Week High15.6
52 Week Low6.56
CS1 End13.15
CR1 Start13.61
Volume & EV
DER(3)0%
DER(5)0%
Volume17.52K
Volume Incr-16.54%
Vol(5)35.59K
Vol(50)33.27K