MELANION BTC EQUIT UCITS ETF (BTC.MI) Stock Technical Analysis
BIT:BTC - FR0014002IH8 - ETF
15.452 EUR
-0.6 (-3.73%)
We assign a technical rating of 5 out of 10 to BTC. Although BTC is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
When comparing the yearly performance of all stocks, BTC is a bad performer in the overall market: 100% of all stocks are doing better.
Warning: BTC has an average volume of 2544 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
In the last month BTC has a been trading in the 9.80 - 17.33 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
BTC has an average technical rating and it also does not offer a high quality setup 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
9.88
17.38
5 important support areas can be observed.
- A support zone ranging from 15.35 to 15.44. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @14.43 from a horizontal line in the daily time frame.
- Support @10.74 from a trend line in the daily time frame.
- Support @10.30 from a trend line in the daily time frame.
- Support @9.98 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 16.54 to 16.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @17.21 from a horizontal line in the daily 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 BTC.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BTC.MI is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | BTC.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BTC.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BTC.MI is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 51.39 | NEUTRAL | The RSI value for BTC.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.39 | POSITIVE | The MACD value suggests BTC.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.34 | NEUTRAL | The Stochastics value for BTC.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 7.37 | HIGH VOLATILITY | The high ATR as a percentage value for BTC.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 14.66 | NEGATIVE | The low ADX value for BTC.MI suggests a weak or negative 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)
BIT:BTC (9/8/2025, 7:00:00 PM)
15.452
-0.6 (-3.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-3.73%
1 Week-10.23%
2 Weeks14.31%
1 Month25.28%
3 Month-13.78%
6 Month19.86%
12 MonthN/A
2 Year126.74%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.19
ATR(20)%7.37%
ATR Inc-61.47%
Range Today0
ADR(20)0.56
ADR(20)%3.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High17.33
10 Day Low13.15
20 Day High17.33
20 Day Low9.8
52 Week HighN/A
52 Week LowN/A
CS1 End15.44
CR1 Start16.54
Volume & EV
DER(3)0%
DER(5)0%
Volume12
Volume Incr-78.63%
Vol(5)392.8
Vol(50)2.54K