Taking everything into account, BTCY scores 0 out of 10 in our technical rating. BTCY 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 technical rating of BTCY is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
0.46
When analyzing the resistance we notice one important area.
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 BTCY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BTCY is down. |
| ChartMill Relative Strength | 1.65 | NEGATIVE | BTCY has a low relative strength, it was outperformed by 98.35% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BTCY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BTCY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BTCY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 21.43 | OVERSOLD | The low RSI value suggests BTCY may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests BTCY has a negative trend. |
| Stochastics (14,3) | 10.43 | OVERSOLD | The low Stochastics value suggests BTCY may be oversold. |
| Average True Range in percent/ATR (20) | 19.36 | HIGH VOLATILITY | The high ATR as a percentage value for BTCY suggests high volalility. |
| Average Directional Index/ADX (14) | 21.38 | NEUTRAL | The ADX value for BTCY suggests a possible start of a new trend. |
0.4631
-0.18 (-28.31%)
ChartMill assigns a technical rating of 0 / 10 to BTCY.
The current trend direction for BIOTRICITY INC (BTCY) is Bearish.
BIOTRICITY INC (BTCY) has an RSI value of 21.4305. This indicates that the stock is currently oversold.
The MACD indicator for BIOTRICITY INC (BTCY) has a value of -0.0229278, indicating a bearish trend.
BIOTRICITY INC (BTCY) has a resistance level at 1.1. Check the full technical report for our detailed analysis of BTCY support and resistance levels.