MELANION BTC EQUIT UCITS ETF (BTC.PA) Stock Technical Analysis
Europe - Euronext Paris - EPA:BTC - FR0014002IH8 - ETF
Overall BTC gets a technical rating of 2 out of 10. BTC has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
The technical rating of BTC is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
10.04
4 important support areas can be observed.
- Support @15.45 from a trend line in the daily time frame.
- Support @15.04 from a horizontal line in the daily time frame.
- Support @11.15 from a trend line in the weekly time frame.
- Support @10.14 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 19.20 to 19.49. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The long term trend for BTC.PA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BTC.PA is down. |
| ChartMill Relative Strength | 63.36 | NEUTRAL | BTC.PA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BTC.PA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BTC.PA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BTC.PA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.42 | NEUTRAL | The RSI value for BTC.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests BTC.PA has a positive trend. |
| Stochastics (14,3) | 47.24 | NEUTRAL | The Stochastics value for BTC.PA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.97 | HIGH VOLATILITY | The high ATR as a percentage value for BTC.PA suggests high volalility. |
| Average Directional Index/ADX (14) | 23.95 | NEUTRAL | The ADX value for BTC.PA suggests a possible start of a new trend. |
EPA:BTC (11/28/2025, 7:00:00 PM)
19.186
+0.67 (+3.61%)
MELANION BTC EQUIT UCITS ETF / BTC.PA FAQ
Can you provide the ChartMill technical rating for MELANION BTC EQUIT UCITS ETF?
ChartMill assigns a technical rating of 2 / 10 to BTC.PA.
What is the current trend direction of MELANION BTC EQUIT UCITS ETF (BTC.PA) stock?
The current trend direction for MELANION BTC EQUIT UCITS ETF (BTC.PA) is Bearish.
What is the RSI signal for BTC stock?
MELANION BTC EQUIT UCITS ETF (BTC.PA) has an RSI value of 48.4156. This indicates that the stock is currently neutral.
What is the short term momentum for BTC stock?
The short term momentum for MELANION BTC EQUIT UCITS ETF (BTC.PA) is negative.