BT GROUP PLC (BT) Technical Analysis
NYSE:BT
Current stock price
BT Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to BT. BT'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 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.
- 87% of all other stocks performed better in the past year than BT.
- BT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month BT has a been trading in the 9.54 - 10.63 range, which is quite wide. It is currently trading near the high of this range.
- BT has an average volume of 1761290 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
BT Weekly and Daily overview Charts
BT Setup Rating and Analysis
The technical rating of BT 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
BT Support and Resistance Analysis
9.51
We found 1 important support area.
- A support zone ranging from 9.61 to 9.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 10.58 to 10.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @14.20 from a trend line in the weekly time frame.
- Resistance @15.26 from a trend line in the weekly time frame.
BT Technical Indicator Signal Analysis
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 BT is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BT is neutral. |
| ChartMill Relative Strength | 13.11 | NEGATIVE | BT has a low relative strength, it was outperformed by 86.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.33 | NEUTRAL | The RSI value for BT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests BT has a positive trend. |
| Stochastics (14,3) | 91.5 | OVERBOUGHT | The high Stochastics value suggests BT may be overbought. |
| Average True Range in percent/ATR (20) | 1.77 | LOW VOLATILITY | The low ATR as a percentage value for BT suggests low volalility. |
BT Chart- and CandleStick Pattern Analysis
BT Technicals: Chart, Performance Metrics, Trend & Indicators
10.57
+0.14 (+1.34%)
BT GROUP PLC / BT TA FAQ
Can you provide the ChartMill technical rating for BT GROUP PLC?
ChartMill assigns a technical rating of 1 / 10 to BT.
What is the current trend direction of BT GROUP PLC (BT) stock?
The current trend direction for BT GROUP PLC (BT) is Bearish.
What is the RSI signal for BT stock?
BT GROUP PLC (BT) has an RSI value of 53.3302. This indicates that the stock is currently neutral.
What is the short term momentum for BT stock?
The short term momentum for BT GROUP PLC (BT) is neutral.
What is the support and resistance level for BT stock?
BT GROUP PLC (BT) has a support level at 9.61 and a resistance level at 10.58. Check the full technical report for our detailed analysis of BT support and resistance levels.