NEOS BITCOIN HIGH INCOME ETF (BTCI) Stock Technical Analysis
NYSEARCA:BTCI - NYSE Arca - US78433H6421 - ETF - Currency: USD
We assign a technical rating of 6 out of 10 to BTCI. 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.
100% of all other stocks performed better in the past year than BTCI.
The long and short term trends are both positive. This is looking good!
In the last month BTCI has a been trading in the 57.67 - 61.95 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days.
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.
More info and screens
47.57
62.50
We found 2 important support areas.
- A support zone ranging from 57.59 to 60.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @48.05 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 61.65 to 61.88. 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 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 | 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) | 62.64 | NEUTRAL | The RSI value for BTCI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests BTCI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 72.61 | NEUTRAL | The Stochastics value for BTCI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.05 | MEDIUM VOLATILITY | The ATR as a percentage value for BTCI suggests some volalility. |
| Average Directional Index/ADX (14) | 18.96 | NEGATIVE | The low ADX value for BTCI suggests a weak or negative 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)
61.64
+0.41 (+0.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.67%
1 Week2.8%
2 Weeks1.07%
1 Month4.74%
3 Month18.54%
6 Month-6.29%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.32
ATR(20)%2.05%
ATR Inc28.05%
Range Today0.94
ADR(20)1.01
ADR(20)%1.63%
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 High61.95
10 Day Low57.67
20 Day High61.95
20 Day Low57.67
52 Week HighN/A
52 Week LowN/A
CS1 End60.04
CR1 Start61.65
Volume & EV
DER(3)2.97%
DER(5)-1.2%
Volume190.10K
Volume Incr21.13%
Vol(5)183.42K
Vol(50)132.31K