BITDEER TECHNOLOGIES GROUP-A (BTDR) Stock Technical Analysis
NASDAQ:BTDR - Nasdaq - KYG114481008 - Common Stock - Currency: USD
Overall BTDR gets a technical rating of 5 out of 10. In the past year, BTDR was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
BTDR is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
BTDR is part of the Software industry. There are 283 other stocks in this industry. BTDR outperforms 90% of them.
In the last month BTDR has a been trading in the 6.84 - 11.35 range, which is quite wide. It is currently trading near the high of this range.
BTDR has an average volume of 5322870 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
When comparing the yearly performance of all stocks, we notice that BTDR is one of the better performing stocks in the market, outperforming 94% of all stocks. However, we also see that BTDR couldn't keep up this performance in the last couple of months.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
BTDR has an average technical rating and the quality of the presented setup is also not ideal 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
11.09
We found 5 important support areas.
- Support @10.52 from a trend line in the daily time frame.
- Support @9.56 from a horizontal line in the daily time frame.
- Support @7.82 from a trend line in the weekly time frame.
- Support @7.36 from a trend line in the daily time frame.
- A support zone ranging from 7.13 to 7.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.98 to 10.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.57
Mansfield-0.14
10 Day High11.35
10 Day Low9.08
20 Day High11.35
20 Day Low6.84
52 Week High26.99
52 Week Low5.25
Performance
1 Week10.86%
2 Weeks16.42%
1 Month31.88%
3 Month-34.45%
6 Month21.88%
12 Month98.55%
2 Year121.95%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.32
RSI(14)57.78
LBB7.27
UBB11.94
10.92
+0.67 (+6.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg6.54%
1 Week10.86%
2 Weeks16.42%
1 Month31.88%
3 Month-34.45%
6 Month21.88%
12 Month98.55%
2 Year121.95%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.97
ATR(20)%9.38%
ATR Inc27.67%
Range Today1.21
ADR(20)0.94
ADR(20)%8.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.57
Mansfield-0.14
10 Day High11.35
10 Day Low9.08
20 Day High11.35
20 Day Low6.84
52 Week High26.99
52 Week Low5.25
CS1 End10.52
CR1 Start10.98
Volume & EV
DER(3)-1.28%
DER(5)-0.05%
Volume4.53M
Volume Incr-19.55%
Vol(5)4.08M
Vol(50)5.32M