NEOS BITCOIN HIGH INCOME ETF (BTCI) Stock Technical Analysis
USA - NYSEARCA:BTCI - US78433H6421 - ETF
Taking everything into account, BTCI scores 0 out of 10 in our technical rating. BTCI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
BTCI has a poor technical rating and the quality of the setup is also not perfect 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
51.53
When analyzing the support we notice one important area.
- A support zone ranging from 52.05 to 52.17. This zone is formed by a combination of multiple trend lines in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 55.07 to 56.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 58.12 to 58.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 61.33 to 62.28. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 64.84 to 65.78. 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 | DOWN | NEGATIVE | The long term trend for BTCI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BTCI is down. |
| ChartMill Relative Strength | 24.53 | NEGATIVE | BTCI has a low relative strength, it was outperformed by 75.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BTCI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BTCI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BTCI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.44 | NEUTRAL | The RSI value for BTCI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.34 | NEGATIVE | The MACD value suggests BTCI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.65 | NEUTRAL | The Stochastics value for BTCI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.89 | MEDIUM VOLATILITY | The ATR as a percentage value for BTCI suggests some volalility. |
| Average Directional Index/ADX (14) | 20.68 | NEUTRAL | The ADX value for BTCI suggests a possible start of a new trend. |
53.66
+1.38 (+2.64%)
NEOS BITCOIN HIGH INCOME ETF / BTCI FAQ
What is the ChartMill technical rating of NEOS BITCOIN HIGH INCOME ETF (BTCI) stock?
ChartMill assigns a technical rating of 0 / 10 to BTCI.
What is the trend direction for BTCI stock?
The current trend direction for NEOS BITCOIN HIGH INCOME ETF (BTCI) is Bearish.
Can you provide the RSI signal for NEOS BITCOIN HIGH INCOME ETF?
NEOS BITCOIN HIGH INCOME ETF (BTCI) has an RSI value of 41.4438. This indicates that the stock is currently neutral.
What is the buy/sell signal for NEOS BITCOIN HIGH INCOME ETF (BTCI) stock?
The buy/sell signal for NEOS BITCOIN HIGH INCOME ETF (BTCI) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for NEOS BITCOIN HIGH INCOME ETF (BTCI) stock?
NEOS BITCOIN HIGH INCOME ETF (BTCI) has a support level at 52.17 and a resistance level at 55.07. Check the full technical report for our detailed analysis of BTCI support and resistance levels.