BITDEER TECHNOLOGIES GROUP-A (BTDR) Stock Technical Analysis
NASDAQ:BTDR - Nasdaq - KYG114481008 - Common Stock - Currency: USD
Taking everything into account, BTDR scores 2 out of 10 in our technical rating. BTDR 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.
BTDR is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month BTDR has a been trading in the 10.41 - 14.75 range, which is quite wide. It is currently trading near the lows of this range.
BTDR has an average volume of 5109650 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
Looking at the yearly performance, BTDR did better than 76% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
BTDR is part of the Software industry. There are 282 other stocks in this industry, BTDR did better than 61% of them.
Volume is considerably higher in the last couple of days.
The technical rating of BTDR 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
7.06
13.81
We found 6 important support areas.
- Support @11.08 from a horizontal line in the weekly time frame.
- Support @10.73 from a horizontal line in the daily time frame.
- Support @8.30 from a trend line in the weekly time frame.
- Support @7.50 from a trend line in the weekly time frame.
- Support @7.37 from a trend line in the daily time frame.
- Support @7.13 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @12.98 from a trend line in the daily time frame.
- Resistance @13.67 from a trend 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 BTDR is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BTDR is down. |
| ChartMill Relative Strength | 76.61 | POSITIVE | BTDR has a high relative strength, it outperformed 76.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BTDR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of BTDR is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of BTDR is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.05 | NEUTRAL | The RSI value for BTDR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.31 | NEGATIVE | The MACD value suggests BTDR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.4 | OVERSOLD | The low Stochastics value suggests BTDR may be oversold. |
| Average True Range in percent/ATR (20) | 8.02 | HIGH VOLATILITY | The high ATR as a percentage value for BTDR suggests high volalility. |
| Average Directional Index/ADX (14) | 19.69 | NEGATIVE | The low ADX value for BTDR 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)
11.09
-0.12 (-1.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-1.07%
1 Week-1.68%
2 Weeks-16.55%
1 Month-22.5%
3 Month21.33%
6 Month-53.11%
12 Month8.09%
2 Year-0.98%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.82
ATR(20)%8.02%
ATR Inc-22.04%
Range Today0.53
ADR(20)0.79
ADR(20)%7.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.61
Mansfield-1.38
10 Day High13.57
10 Day Low10.41
20 Day High14.75
20 Day Low10.41
52 Week High26.99
52 Week Low5.4
CS1 End11.08
CR1 Start12.98
Volume & EV
DER(3)-1.11%
DER(5)-0.89%
Volume15.68M
Volume Incr89.31%
Vol(5)7.42M
Vol(50)5.11M