BTC DIGITAL LTD (BTCT) Technical Analysis
NASDAQ:BTCT • KYG6055H1552
Current stock price
1.32 USD
+0.07 (+5.6%)
At close:
1.3 USD
-0.02 (-1.52%)
After Hours:
BTCT Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to BTCT. BTCT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 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.
- 94% of all other stocks performed better in the past year than BTCT.
- BTCT is part of the Software industry. There are 277 other stocks in this industry, of which 76% are performing better than BTCT.
- BTCT is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so BTCT is lagging the market.
- In the last month BTCT has a been trading in the 1.12 - 1.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BTCT Weekly and Daily overview Charts
BTCT Setup Rating and Analysis
BTCT has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
BTCT Support and Resistance Analysis
1.23
1.40
When analyzing the support we notice one important area.
- Support @1.24 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @1.32 from a trend line in the daily time frame.
- A resistance zone ranging from 1.38 to 1.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
BTCT Technical Indicator Signal Analysis
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 BTCT is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BTCT is neutral. |
| ChartMill Relative Strength | 6.09 | NEGATIVE | BTCT has a low relative strength, it was outperformed by 93.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BTCT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BTCT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BTCT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.58 | NEUTRAL | The RSI value for BTCT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests BTCT has a positive trend. |
| Stochastics (14,3) | 42.98 | NEUTRAL | The Stochastics value for BTCT is a neutral value. |
| Average True Range in percent/ATR (20) | 8.63 | HIGH VOLATILITY | The high ATR as a percentage value for BTCT suggests high volalility. |
| Average Directional Index/ADX (14) | 22.58 | NEUTRAL | The ADX value for BTCT suggests a possible start of a new trend. |
BTCT Chart- and CandleStick Pattern Analysis
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)
BTCT Technicals: Chart, Performance Metrics, Trend & Indicators
1.32
+0.07 (+5.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg5.6%
1 Week-3.65%
2 Weeks6.45%
1 Month13.79%
3 Month-26.26%
6 Month-52.86%
12 Month-69.59%
2 Year-62.29%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%8.63%
ATR Inc-3.07%
Range Today0.14
ADR(20)0.11
ADR(20)%8.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.09
3 months CRS14.08
6 months CRS7.7
Mansfield-5.26
10 Day High1.5
10 Day Low1.14
20 Day High1.5
20 Day Low1.12
52 Week High4.82
52 Week Low1.07
CS1 End1.24
CR1 Start1.32
Volume & EV
DER(3)-7.24%
DER(5)-0.52%
Volume151.90K
Volume Incr-0.84%
Vol(5)67.28K
Vol(50)84.85K
BTC DIGITAL LTD / BTCT TA FAQ
What is the technical rating for BTCT stock?
ChartMill assigns a technical rating of 1 / 10 to BTCT.
What is the trend direction for BTCT stock?
The current trend direction for BTC DIGITAL LTD (BTCT) is Bearish.
Can you provide the RSI signal for BTC DIGITAL LTD?
BTC DIGITAL LTD (BTCT) has an RSI value of 50.5762. This indicates that the stock is currently neutral.
What is the MACD signal for BTCT stock?
The MACD indicator for BTC DIGITAL LTD (BTCT) has a value of 0.0129466, indicating a bearish trend.