MELANION BTC EQUIT UCITS ETF (BTC.PA) Stock Technical Analysis
EPA:BTC - Euronext Paris - Matif - FR0014002IH8 - ETF - Currency: EUR
Overall BTC gets a technical rating of 6 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month BTC has a been trading in the 14.36 - 17.35 range, which is quite wide. It is currently trading near the lows of this range.
Warning: BTC has an average volume of 5649 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Looking at the yearly performance, BTC did better than 87% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
BTC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BTC is lagging the market.
Considerably lower volume is observed in the last couple of days.
BTC has an average technical rating and also the quality of the setup is only medium 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
17.07
4 important support areas can be observed.
- A support zone ranging from 14.44 to 14.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 13.11 to 13.14. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @10.66 from a trend line in the weekly time frame.
- Support @9.98 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @16.28 from a trend line in the weekly time frame.
- A resistance zone ranging from 16.75 to 16.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
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.PA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BTC.PA is down. |
| ChartMill Relative Strength | 87.74 | POSITIVE | BTC.PA has a high relative strength, it outperformed 87.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BTC.PA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of BTC.PA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of BTC.PA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.83 | NEUTRAL | The RSI value for BTC.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.28 | NEGATIVE | The MACD value suggests BTC.PA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 7.81 | OVERSOLD | The low Stochastics value suggests BTC.PA may be oversold. |
| Average True Range in percent/ATR (20) | 4.83 | MEDIUM VOLATILITY | The ATR as a percentage value for BTC.PA suggests some volalility. |
| Average Directional Index/ADX (14) | 18.17 | NEGATIVE | The low ADX value for BTC.PA 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)
EPA:BTC (8/6/2025, 7:00:00 PM)
14.647
+0.17 (+1.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.15%
1 Week-5.88%
2 Weeks-10.94%
1 Month-3.17%
3 Month15.3%
6 Month-18.15%
12 Month34.38%
2 Year95.42%
3 Year81.95%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.69
ATR(20)%4.83%
ATR Inc-35.48%
Range Today0.28
ADR(20)0.63
ADR(20)%4.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.74
Mansfield-0.58
10 Day High16.65
10 Day Low14.36
20 Day High17.35
20 Day Low14.36
52 Week High22.27
52 Week Low9
CS1 End14.63
CR1 Start16.28
Volume & EV
DER(3)0%
DER(5)0%
Volume1.27K
Volume Incr-37.83%
Vol(5)3.65K
Vol(50)5.65K