BT BRANDS INC (BTBD) Stock Technical Analysis
USA - NASDAQ:BTBD - US0557MQ2066 - Common Stock
1.88 USD
+0.09 (+5.03%)
1.87 USD
-0.01 (-0.53%)
Overall BTBD gets a technical rating of 6 out of 10. BTBD has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
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 1.54 - 4.50 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
BTBD is one of the better performing stocks in the Hotels, Restaurants & Leisure industry, it outperforms 82% of 135 stocks in the same industry.
BTBD has an average volume of 5204150 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the yearly performance of all stocks, we notice that BTBD is one of the better performing stocks in the market, outperforming 83% of all stocks. However, this relatively good performance is mostly due to a recent big move.
BTBD has an average technical rating and the quality of the presented setup is also 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
1.48
2.31
When analyzing the support we can see 3 important areas.
- Support @1.60 from a trend line in the daily time frame.
- Support @1.53 from a horizontal line in the daily time frame.
- A support zone ranging from 1.49 to 1.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 1.89 to 1.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.29 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 | 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 | 83.74 | POSITIVE | BTBD has a high relative strength, it outperformed 83.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BTBD is below 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) | 52.41 | NEUTRAL | The RSI value for BTBD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests BTBD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 42.06 | NEUTRAL | The Stochastics value for BTBD is a neutral value. |
| Average True Range in percent/ATR (20) | 19.38 | HIGH VOLATILITY | The high ATR as a percentage value for BTBD suggests high volalility. |
| Average Directional Index/ADX (14) | 36.54 | POSITIVE | The high ADX value value for BTBD 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)
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 |
|---|---|---|---|
| 1.92 | 1.59 | 0.33 (17.19%) | 5.82% |
| An entry @1.92. This is a Buy Stop order right above the resistance zone. | An exit @1.59. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.33 points, which is 17.19%. | When investing 5.82% 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.
1.88
+0.09 (+5.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg5.03%
1 Week20.51%
2 Weeks11.24%
1 Month4.44%
3 Month41.35%
6 Month23.68%
12 Month9.3%
2 Year-12.96%
3 Year-10.48%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%19.38%
ATR Inc-16.17%
Range Today0.17
ADR(20)0.3
ADR(20)%15.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.74
Mansfield1.08
10 Day High2
10 Day Low1.54
20 Day High4.5
20 Day Low1.54
52 Week High5.6
52 Week Low1
CS1 End1.6
CR1 Start1.89
Volume & EV
DER(3)15.73%
DER(5)15.22%
Volume192.50K
Volume Incr-94.94%
Vol(5)316.68K
Vol(50)5.20M