BT BRANDS INC (BTBD) Stock Technical Analysis
USA - NASDAQ:BTBD - US0557MQ2066 - Common Stock
Overall BTBD gets a technical rating of 0 out of 10. BTBD scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, BTBD does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 1.58, a Stop Loss order could be placed below this zone.
More info and screens
1.51
We found 2 important support areas.
- A support zone ranging from 1.56 to 1.58. 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.
3 important resistance areas can be observed.
- Resistance @1.82 from a trend line in the daily time frame.
- Resistance @1.96 from a trend 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 | NEUTRAL | NEUTRAL | The long term trend for BTBD is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BTBD is down. |
| ChartMill Relative Strength | 24.48 | NEGATIVE | BTBD has a low relative strength, it was outperformed by 75.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BTBD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BTBD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BTBD is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.12 | NEUTRAL | The RSI value for BTBD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests BTBD has a negative trend. |
| Stochastics (14,3) | 14.11 | OVERSOLD | The low Stochastics value suggests BTBD may be oversold. |
| Average True Range in percent/ATR (20) | 8.96 | HIGH VOLATILITY | The high ATR as a percentage value for BTBD suggests high volalility. |
| Average Directional Index/ADX (14) | 25.66 | POSITIVE | The high ADX value value for BTBD suggests a strong trend. |
1.64
+0.06 (+3.8%)
BT BRANDS INC / BTBD FAQ
What is the ChartMill technical rating of BT BRANDS INC (BTBD) stock?
ChartMill assigns a technical rating of 0 / 10 to BTBD.
Can you provide the trend direction for BT BRANDS INC?
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 43.1175. 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 -0.0222035, indicating a bearish trend.
What is the support and resistance level for BTBD stock?
BT BRANDS INC (BTBD) has a support level at 1.58 and a resistance level at 1.82. Check the full technical report for our detailed analysis of BTBD support and resistance levels.