NYSEARCA:BTCI - NYSE Arca - US78433H6421 - ETF - Currency: USD
Overall BTCI gets a technical rating of 5 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.
BTCI has an average technical rating and the quality of the presented setup is also not ideal 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.
47.57
We found 3 important support areas.
When analyzing the resistance we notice one important area.
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 | NEUTRAL | NEUTRAL | The short term trend for BTCI is neutral. |
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 | POSITIVE | The current price of BTCI is above 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) | 61.32 | NEUTRAL | The RSI value for BTCI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.29 | NEGATIVE | The MACD value suggests BTCI has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 43.43 | NEUTRAL | The Stochastics value for BTCI is a neutral value. |
Average True Range in percent/ATR (20) | 2.12 | MEDIUM VOLATILITY | The ATR as a percentage value for BTCI suggests some volalility. |
Average Directional Index/ADX (14) | 19.03 | NEGATIVE | The low ADX value for BTCI suggests a weak or negative trend. |
61.23
+2.33 (+3.96%)