We assign a technical rating of 2 out of 10 to BTBD. BTBD'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.
- When comparing the yearly performance of all stocks, BTBD is a bad performer in the overall market: 76% of all stocks are doing better.
- BTBD 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 BTBD has a been trading in the 1.34 - 1.70 range, which is quite wide. It is currently trading near the high of this range.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- BTBD is part of the Hotels, Restaurants & Leisure industry. There are 133 other stocks in this industry, BTBD did better than 50% of them.
Although the technical rating is bad, BTBD does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 1.51, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BTBD 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
1.36
3 important support areas can be observed.
- A support zone ranging from 1.46 to 1.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.42 from a trend line in the weekly time frame.
- A support zone ranging from 1.37 to 1.39. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 1.61 to 1.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 BTBD is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BTBD is neutral. |
| ChartMill Relative Strength | 24.41 | NEGATIVE | BTBD has a low relative strength, it was outperformed by 75.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BTBD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BTBD is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BTBD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.69 | NEUTRAL | The RSI value for BTBD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests BTBD has a positive trend. |
| Stochastics (14,3) | 64.51 | NEUTRAL | The Stochastics value for BTBD is a neutral value. |
| Average True Range in percent/ATR (20) | 5.6 | HIGH VOLATILITY | The high ATR as a percentage value for BTBD suggests high volalility. |
| Average Directional Index/ADX (14) | 20.11 | NEUTRAL | The ADX value for BTBD suggests a possible start of a new trend. |
1.6
+0.04 (+2.56%)
BT BRANDS INC / BTBD FAQ
What is the ChartMill technical rating of BT BRANDS INC (BTBD) stock?
ChartMill assigns a technical rating of 2 / 10 to BTBD.
What is the trend direction for BTBD stock?
The current trend direction for BT BRANDS INC (BTBD) is Bearish.
What is the RSI signal for BTBD stock?
BT BRANDS INC (BTBD) has an RSI value of 59.6853. This indicates that the stock is currently neutral.
What is the short term momentum for BTBD stock?
The short term momentum for BT BRANDS INC (BTBD) is neutral.