BIT DIGITAL INC (BTBT)
KYG1144A1058 - Common Stock
We assign a technical rating of 0 out of 10 to BTBT. BTBT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
84% of all other stocks performed better in the past year than BTBT.
BTBT is part of the Software industry. There are 276 other stocks in this industry, of which 69% are performing better than BTBT.
BTBT is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so BTBT is lagging the market.
BTBT has an average volume of 7449510 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month BTBT has a been trading in the 1.76 - 2.59 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, BTBT does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for BTBT 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
1.96
4.39
When analyzing the support we notice one important area.
- Support @1.98 from a horizontal line in the weekly time frame.
We can see 6 important resistance areas.
- Resistance @2.21 from a trend line in the daily time frame.
- A resistance zone ranging from 2.31 to 2.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 2.35 to 2.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.49 from a trend line in the daily time frame.
- Resistance @2.70 from a trend line in the weekly time frame.
- Resistance @4.35 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.43
Mansfield-3.4
10 Day High2.33
10 Day Low1.79
20 Day High2.59
20 Day Low1.76
52 Week High5.27
52 Week Low1.76
Performance
1 Week-10.04%
2 Weeks11.33%
1 Month-16.74%
3 Month-21.29%
6 Month-13.15%
12 Month-14.62%
2 Year13.2%
3 Year-76.15%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)41.91
LBB1.74
UBB2.38
BIT DIGITAL INC
NASDAQ:BTBT (5/2/2024, 9:20:02 AM)
2.038
+0.03 (+1.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg1.39%
1 Week-10.04%
2 Weeks11.33%
1 Month-16.74%
3 Month-21.29%
6 Month-13.15%
12 Month-14.62%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.19
ATR(20)%9.07%
ATR Inc
Range Today0.09
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High2.33
10 Day Low1.79
20 Day High2.59
20 Day Low1.76
52 Week High5.27
52 Week Low1.76
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume744.56K
Volume Incr-20.99%
Vol(5)5.36M
Vol(50)7.45M