BITWISE PHYSICAL BITCOIN ETP (BTCE.DE) Stock Technical Analysis
FRA:BTCE - Deutsche Boerse Ag - DE000A27Z304 - ETF - Currency: EUR
Overall BTCE gets a technical rating of 8 out of 10. BTCE has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
The long and short term trends are both positive. This is looking good!
BTCE is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so BTCE is performing more or less in line with the market.
When comparing the yearly performance of all stocks, we notice that BTCE is one of the better performing stocks in the market, outperforming 92% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
In the last month BTCE has a been trading in the 74.42 - 89.44 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although BTCE has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
60.71
93.79
We found 5 important support areas.
- A support zone ranging from 82.48 to 82.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @71.26 from a trend line in the weekly time frame.
- Support @67.62 from a trend line in the daily time frame.
- Support @65.39 from a trend line in the daily time frame.
- Support @61.32 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 92.80 to 92.86. 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 BTCE.DE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BTCE.DE is up. |
| ChartMill Relative Strength | 92.94 | POSITIVE | BTCE.DE has a high relative strength, it outperformed 92.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BTCE.DE is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BTCE.DE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BTCE.DE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.66 | NEUTRAL | The RSI value for BTCE.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.64 | NEGATIVE | The MACD value suggests BTCE.DE has a negative trend. |
| Stochastics (14,3) | 28.79 | NEUTRAL | The Stochastics value for BTCE.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.53 | MEDIUM VOLATILITY | The ATR as a percentage value for BTCE.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 23.84 | NEUTRAL | The ADX value for BTCE.DE suggests a possible start of a new 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)
FRA:BTCE (6/2/2025, 7:00:00 PM)
82.49
-1.68 (-2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2%
1 Week-5.8%
2 Weeks-2.07%
1 Month9.86%
3 Month12.7%
6 Month-3.68%
12 Month36.08%
2 Year218.81%
3 Year370.78%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.96
ATR(20)%2.53%
ATR Inc11.19%
Range Today2.08
ADR(20)1.59
ADR(20)%1.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.94
Mansfield1.56
10 Day High89.45
10 Day Low81.79
20 Day High89.45
20 Day Low74.42
52 Week High96.45
52 Week Low44.48
CS1 End82.48
CR1 Start92.8
Volume & EV
DER(3)0%
DER(5)0%
Volume54.63K
Volume Incr8.56%
Vol(5)53.62K
Vol(50)51.76K