BT BRANDS INC (BTBD) Stock Technical Analysis
USA - NASDAQ:BTBD - US0557MQ2066 - Common Stock
We assign a technical rating of 7 out of 10 to BTBD. Both in the recent history as in the last year, BTBD has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although BTBD 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.
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1.51
When analyzing the support we can see 3 important areas.
- A support zone ranging from 1.75 to 1.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.72 to 1.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.53 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @2.12 from a horizontal line in the daily time frame.
- Resistance @2.28 from a trend line in the weekly 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 BTBD is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BTBD is neutral. |
| ChartMill Relative Strength | 87.22 | POSITIVE | BTBD has a high relative strength, it outperformed 87.22% 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) | UP | POSITIVE | The current price of BTBD is above the rising 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) | 53.82 | NEUTRAL | The RSI value for BTBD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests BTBD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.43 | NEUTRAL | The Stochastics value for BTBD is a neutral value. |
| Average True Range in percent/ATR (20) | 6.1 | HIGH VOLATILITY | The high ATR as a percentage value for BTBD suggests high volalility. |
| Average Directional Index/ADX (14) | 28.46 | POSITIVE | The high ADX value value for BTBD suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1.94 | 1.74 | 0.20 (10.31%) | 9.70% |
| An entry @1.94. This is a Buy Stop order right above the 10 day high. | An exit @1.74. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.20 points, which is 10.31%. | When investing 9.70% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
1.9
+0.16 (+9.2%)
BT BRANDS INC / BTBD FAQ
What is the ChartMill technical rating of BT BRANDS INC (BTBD) stock?
ChartMill assigns a technical rating of 7 / 10 to BTBD.
Can you provide the trend direction for BT BRANDS INC?
The current trend direction for BT BRANDS INC (BTBD) is Bullish.
What is the RSI signal for BTBD stock?
BT BRANDS INC (BTBD) has an RSI value of 53.8244. This indicates that the stock is currently neutral.
What is the MACD signal for BT BRANDS INC (BTBD) stock?
The MACD indicator for BT BRANDS INC (BTBD) has a value of -0.00386855, indicating a bearish trend.
What is the support and resistance level for BTBD stock?
BT BRANDS INC (BTBD) has a support level at 1.75 and a resistance level at 2.12. Check the full technical report for our detailed analysis of BTBD support and resistance levels.