Overall BTCL gets a technical rating of 1 out of 10. BTCL's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
BTCL has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
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28.66
2 important support areas can be observed.
- Support @29.74 from a trend line in the weekly time frame.
- Support @28.95 from a horizontal line in the weekly time frame.
4 important resistance areas can be observed.
- Resistance @34.38 from a horizontal line in the daily time frame.
- Resistance @63.98 from a horizontal line in the weekly time frame.
- Resistance @65.79 from a horizontal line in the daily time frame.
- Resistance @67.65 from a horizontal line in the daily time frame.
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 BTCL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BTCL is down. |
| ChartMill Relative Strength | 7.67 | NEGATIVE | BTCL has a low relative strength, it was outperformed by 92.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BTCL is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BTCL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BTCL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.77 | NEUTRAL | The RSI value for BTCL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.35 | POSITIVE | The MACD value suggests BTCL has a positive trend. |
| Stochastics (14,3) | 21.41 | NEUTRAL | The Stochastics value for BTCL is a neutral value. |
| Average True Range in percent/ATR (20) | 9.03 | HIGH VOLATILITY | The high ATR as a percentage value for BTCL suggests high volalility. |
| Average Directional Index/ADX (14) | 25.65 | POSITIVE | The high ADX value value for BTCL suggests a strong trend. |
30.24
+0.29 (+0.97%)
T-REX 2X LONG BITCOIN DAILY / BTCL FAQ
What is the technical rating for BTCL stock?
ChartMill assigns a technical rating of 1 / 10 to BTCL.
What is the trend direction for BTCL stock?
The current trend direction for T-REX 2X LONG BITCOIN DAILY (BTCL) is Bearish.
Can you provide the RSI signal for T-REX 2X LONG BITCOIN DAILY?
T-REX 2X LONG BITCOIN DAILY (BTCL) has an RSI value of 41.7708. This indicates that the stock is currently neutral.
What is the short term momentum for BTCL stock?
The short term momentum for T-REX 2X LONG BITCOIN DAILY (BTCL) is negative.
What is the buy/sell signal for T-REX 2X LONG BITCOIN DAILY (BTCL) stock?
The buy/sell signal for T-REX 2X LONG BITCOIN DAILY (BTCL) is sell as both the short term and long term trends are negative.