BITDEER TECHNOLOGIES GROUP-A (BTDR) Stock Technical Analysis
USA - NASDAQ:BTDR - KYG114481008 - Common Stock
Overall BTDR gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BTDR is showing a nice and steady performance.
Although BTDR has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
11.99
We found 4 important support areas.
- A support zone ranging from 22.19 to 22.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @21.11 from a trend line in the daily time frame.
- Support @20.07 from a trend line in the daily time frame.
- Support @12.11 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 24.02 to 24.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for BTDR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BTDR is up. |
| ChartMill Relative Strength | 97.2 | POSITIVE | BTDR has a high relative strength, it outperformed 97.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BTDR is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BTDR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BTDR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.44 | NEUTRAL | The RSI value for BTDR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.32 | NEGATIVE | The MACD value suggests BTDR has a negative trend. |
| Stochastics (14,3) | 47.65 | NEUTRAL | The Stochastics value for BTDR is a neutral value. |
| Average True Range in percent/ATR (20) | 11.13 | HIGH VOLATILITY | The high ATR as a percentage value for BTDR suggests high volalility. |
| Average Directional Index/ADX (14) | 39.29 | POSITIVE | The high ADX value value for BTDR suggests a strong trend. |
22.2
-0.33 (-1.46%)
BITDEER TECHNOLOGIES GROUP-A / BTDR FAQ
What is the ChartMill technical rating of BITDEER TECHNOLOGIES GROUP-A (BTDR) stock?
ChartMill assigns a technical rating of 10 / 10 to BTDR.
What is the trend direction for BTDR stock?
The current trend direction for BITDEER TECHNOLOGIES GROUP-A (BTDR) is Bullish.
What is the RSI signal for BTDR stock?
BITDEER TECHNOLOGIES GROUP-A (BTDR) has an RSI value of 53.4414. This indicates that the stock is currently neutral.
What is the short term momentum for BITDEER TECHNOLOGIES GROUP-A (BTDR) stock?
The short term momentum for BITDEER TECHNOLOGIES GROUP-A (BTDR) is positive.
Can you provide the buy/sell signal for BITDEER TECHNOLOGIES GROUP-A?
The buy/sell signal for BITDEER TECHNOLOGIES GROUP-A (BTDR) is buy as both the short term and long term trends are positive.