BTC DIGITAL LTD (BTCT) Stock Technical Analysis
NASDAQ:BTCT - Nasdaq - KYG6055H1552 - Common Stock - Currency: USD
Taking everything into account, BTCT scores 3 out of 10 in our technical rating. Although BTCT is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
BTCT is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
BTCT is one of the better performing stocks in the Software industry, it outperforms 78% of 281 stocks in the same industry.
In the last month BTCT has a been trading in the 2.93 - 4.43 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that BTCT is one of the better performing stocks in the market, outperforming 89% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
Although the technical rating is bad, BTCT does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for BTCT in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
3.39
4.72
3 important support areas can be observed.
- Support @3.79 from a horizontal line in the daily time frame.
- Support @3.62 from a trend line in the daily time frame.
- Support @3.42 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @4.18 from a horizontal line in the weekly time frame.
- Resistance @4.67 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.83
Mansfield0.14
10 Day High4.43
10 Day Low3.32
20 Day High4.43
20 Day Low2.93
52 Week High26.58
52 Week Low1.32
Performance
1 Week-1.44%
2 Weeks20.53%
1 Month6.2%
3 Month-33.5%
6 Month144.64%
12 Month70.54%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.09
RSI(14)53.92
LBB3.18
UBB4.46
4.11
-0.06 (-1.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-1.44%
1 Week-1.44%
2 Weeks20.53%
1 Month6.2%
3 Month-33.5%
6 Month144.64%
12 Month70.54%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.39
ATR(20)%10.66%
ATR Inc33.78%
Range Today0.33
ADR(20)0.41
ADR(20)%10%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.83
Mansfield0.14
10 Day High4.43
10 Day Low3.32
20 Day High4.43
20 Day Low2.93
52 Week High26.58
52 Week Low1.32
CS1 End3.79
CR1 Start4.18
Volume & EV
DER(3)9.99%
DER(5)3.51%
Volume335.50K
Volume Incr87.38%
Vol(5)305.44K
Vol(50)451.90K