GRAYSCALE BITCN MINI TRU ETF (BTC) Stock Technical Analysis
NYSEARCA:BTC - NYSE Arca - US3899302075 - ETF - Currency: USD
Overall BTC gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, BTC is a bad performer.
When comparing the yearly performance of all stocks, BTC is a bad performer in the overall market: 100% of all stocks are doing better.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month BTC has a been trading in the 41.14 - 49.65 range, which is quite wide. It is currently trading near the high of this range.
BTC has an average volume of 1134050 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although BTC has an excellent technical rating, it 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
34.64
47.87
2 important support areas can be observed.
- A support zone ranging from 42.79 to 43.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @34.99 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 47.36 to 47.40. 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 | UP | POSITIVE | The long term trend for BTC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BTC is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | BTC 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 is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BTC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BTC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.27 | NEUTRAL | The RSI value for BTC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests BTC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.87 | NEUTRAL | The Stochastics value for BTC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.75 | MEDIUM VOLATILITY | The ATR as a percentage value for BTC suggests some volalility. |
| Average Directional Index/ADX (14) | 29.66 | POSITIVE | The high ADX value value for BTC suggests a strong 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)
NYSEARCA:BTC (5/29/2025, 3:48:03 PM)
46.8
-0.61 (-1.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.29%
1 Week-0.13%
2 Weeks2.07%
1 Month12.24%
3 Month27%
6 Month10.03%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.38
ATR(20)%2.75%
ATR Inc-15.3%
Range Today1.27
ADR(20)0.96
ADR(20)%2.06%
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 High49.65
10 Day Low44.93
20 Day High49.65
20 Day Low41.14
52 Week HighN/A
52 Week LowN/A
CS1 End47.4
CR1 StartN/A
Volume & EV
DER(3)-5.02%
DER(5)-5.29%
Volume1.29M
Volume Incr23.38%
Vol(5)1.27M
Vol(50)1.13M