MELANION BTC EQUIT UCITS ETF (BTC.MI) Stock Technical Analysis
BIT:BTC - Euronext Milan - FR0014002IH8 - ETF - Currency: EUR
We assign a technical rating of 0 out of 10 to BTC. BTC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
100% of all other stocks performed better in the past year than BTC.
In the last month BTC has a been trading in the 9.80 - 20.90 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Warning: BTC has an average volume of 3126 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Considerably lower volume is observed in the last couple of days.
BTC has a poor technical rating and the quality of the setup is also not perfect 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
9.77
11.13
When analyzing the support we notice one important area.
- A support zone ranging from 9.87 to 10.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 High13.65
10 Day Low9.8
20 Day High20.9
20 Day Low9.8
52 Week HighN/A
52 Week LowN/A
Performance
1 Week-11.35%
2 Weeks-37.63%
1 Month-37.73%
3 Month-29.04%
6 Month36.65%
12 MonthN/A
2 YearN/A
3 YearN/A
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)-0.55
RSI(14)34.66
LBB7.34
UBB19.35
BIT:BTC (4/23/2025, 7:00:00 PM)
11.018
+0.32 (+2.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.99%
1 Week-11.35%
2 Weeks-37.63%
1 Month-37.73%
3 Month-29.04%
6 Month36.65%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.18
ATR(20)%12.27%
ATR Inc-56.98%
Range Today0.92
ADR(20)0.82
ADR(20)%7.44%
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 High13.65
10 Day Low9.8
20 Day High20.9
20 Day Low9.8
52 Week HighN/A
52 Week LowN/A
CS1 End10.04
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume1.53K
Volume Incr-69.43%
Vol(5)885.8
Vol(50)3.13K