NYSEARCA:BTCI - NYSE Arca - US78433H6421 - ETF - Currency: USD
Overall BTCI gets a technical rating of 6 out of 10. BTCI has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
Although the technical rating is only medium, BTCI does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 59.56, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
47.57
When analyzing the support we can see 3 important areas.
2 important resistance areas can be observed.
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 BTCI is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BTCI is up. |
ChartMill Relative Strength | 0 | NEGATIVE | BTCI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | MIXED | The current price of BTCI is below the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BTCI is above the rising SMA(50). |
Relative Strength Index/RSI (14) | 52.11 | NEUTRAL | The RSI value for BTCI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests BTCI has a negative trend. |
Stochastics (14,3) | 64.05 | NEUTRAL | The Stochastics value for BTCI is a neutral value. |
Average True Range in percent/ATR (20) | 2.11 | MEDIUM VOLATILITY | The ATR as a percentage value for BTCI suggests some volalility. |
Average Directional Index/ADX (14) | 17.14 | NEGATIVE | The low ADX value for BTCI suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
60.45 | 58.88 | 1.57 (2.60%) | 25.00% |
An entry @60.45. This is a Buy Stop order right above the resistance zone. | An exit @58.88. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.57 points, which is 2.60%. | For a 0.65% total portfolio risk, you can invest 25.00% of your capital in this trade. |
59.59
-0.83 (-1.37%)