ISHARES BLOCKCHAIN TECH USDA (BLTH.MI) Stock Technical Analysis
BIT:BLTH - Euronext Milan - IE000RDRMSD1 - ETF - Currency: EUR
We assign a technical rating of 6 out of 10 to BLTH. In the past year, BLTH was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
Warning: BLTH has an average volume of 24111 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
When comparing the performance of all stocks over the past year, BLTH turns out to be only a medium performer in the overall market: it outperformed 44% of all stocks.
BLTH is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BLTH is lagging the market slightly.
In the last month BLTH has a been trading in the 8.13 - 10.83 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
BLTH has an average technical rating and it also 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
7.41
10.90
When analyzing the support we notice one important area.
- Support @7.48 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 10.34 to 10.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @10.79 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for BLTH.MI is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BLTH.MI is up. |
| ChartMill Relative Strength | 44.21 | NEUTRAL | BLTH.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BLTH.MI is below 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) | DOWN | NEGATIVE | The current price of BLTH.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.57 | NEUTRAL | The RSI value for BLTH.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests BLTH.MI has a negative trend. |
| Stochastics (14,3) | 58.85 | NEUTRAL | The Stochastics value for BLTH.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.23 | MEDIUM VOLATILITY | The ATR as a percentage value for BLTH.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 19.12 | NEGATIVE | The low ADX value for BLTH.MI suggests a weak or negative 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 (5/30/2025, 4:55:27 PM)
9.776
-0.62 (-6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-6%
1 Week-8.03%
2 Weeks-6.59%
1 Month15.61%
3 Month-4.36%
6 Month-34.82%
12 Month4.34%
2 Year74.07%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.39
ATR(20)%4.23%
ATR Inc11.16%
Range Today0
ADR(20)0.25
ADR(20)%2.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS44.21
Mansfield-1.05
10 Day High10.83
10 Day Low9.78
20 Day High10.83
20 Day Low8.13
52 Week High15.6
52 Week Low6.56
CS1 End7.48
CR1 Start10.34
Volume & EV
DER(3)0%
DER(5)0%
Volume225
Volume Incr-72.96%
Vol(5)10.07K
Vol(50)24.11K