BITCOIN WELL INC (BTCW.CA) Stock Technical Analysis
TSX-V:BTCW - TSX Venture Exchange - CA09173W1014 - Common Stock - Currency: CAD
Taking everything into account, BTCW scores 1 out of 10 in our technical rating. BTCW has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month BTCW has a been trading in the 0.13 - 0.20 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the yearly performance of all stocks, we notice that BTCW is one of the better performing stocks in the market, outperforming 77% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
BTCW is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BTCW is lagging the market.
The technical rating of BTCW is bad and it also does not present a quality setup 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
0.11
0.18
We found 2 important support areas.
- A support zone ranging from 0.12 to 0.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.11 from a trend line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 0.14 to 0.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.15 to 0.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.17 to 0.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.18 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 | NEUTRAL | NEUTRAL | The long term trend for BTCW.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BTCW.CA is down. |
| ChartMill Relative Strength | 77.1 | POSITIVE | BTCW.CA has a high relative strength, it outperformed 77.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BTCW.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BTCW.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of BTCW.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 36.94 | NEUTRAL | The RSI value for BTCW.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests BTCW.CA has a negative trend. |
| Stochastics (14,3) | 15.74 | OVERSOLD | The low Stochastics value suggests BTCW.CA may be oversold. |
| Average True Range in percent/ATR (20) | 9.62 | HIGH VOLATILITY | The high ATR as a percentage value for BTCW.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 17.58 | NEGATIVE | The low ADX value for BTCW.CA 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)
TSX-V:BTCW (8/7/2025, 7:00:00 PM)
0.13
-0.01 (-7.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-7.14%
1 Week-3.7%
2 Weeks-18.75%
1 Month-10.34%
3 Month8.33%
6 Month-18.75%
12 Month44.44%
2 Year188.89%
3 Year136.36%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%9.62%
ATR Inc-30%
Range Today0.01
ADR(20)0.01
ADR(20)%9.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.1
Mansfield-1.52
10 Day High0.16
10 Day Low0.13
20 Day High0.2
20 Day Low0.13
52 Week High0.27
52 Week Low0.08
CS1 End0.12
CR1 Start0.14
Volume & EV
DER(3)-180.06%
DER(5)-157.62%
Volume419.56K
Volume Incr-22.11%
Vol(5)254.66K
Vol(50)247.93K