
USA - NYSEARCA:BTCZ - US98148L7468 - ETF
Overall BTCZ gets a technical rating of 7 out of 10. BTCZ has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Although BTCZ has an excellent technical rating, it does not offer a high 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.
3.07
When analyzing the support we can see 2 important areas.
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 BTCZ is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BTCZ is up. |
| ChartMill Relative Strength | 71.57 | POSITIVE | BTCZ has a high relative strength, it outperformed 71.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BTCZ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BTCZ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BTCZ is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 66.59 | NEUTRAL | The RSI value for BTCZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests BTCZ has a positive trend. |
| Stochastics (14,3) | 94.5 | OVERBOUGHT | The high Stochastics value suggests BTCZ may be overbought. |
| Average True Range in percent/ATR (20) | 6.32 | HIGH VOLATILITY | The high ATR as a percentage value for BTCZ suggests high volalility. |
| Average Directional Index/ADX (14) | 23.04 | NEUTRAL | The ADX value for BTCZ suggests a possible start of a new trend. |
3.995
-0.09 (-2.32%)
ChartMill assigns a technical rating of 7 / 10 to BTCZ.
The current trend direction for T-REX 2X INVERSE BITCOIN DLY (BTCZ) is Bearish.
T-REX 2X INVERSE BITCOIN DLY (BTCZ) has an RSI value of 66.5908. This indicates that the stock is currently neutral.
The MACD indicator for T-REX 2X INVERSE BITCOIN DLY (BTCZ) has a value of 0.0899055, indicating a bearish trend.