VALKYRIE BITCOIN AND ETHER S (BTF)

US91917A1088 - ETF

18.019  -0.48 (-2.6%)

Technical Rating and Analysis

9

We assign a technical rating of 9 out of 10 to BTF. In the last year, BTF was one of the better performers, but we do observe some doubts in the very recent evolution.

In the last month BTF has a been trading in the 18.22 - 21.67 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that BTF is one of the better performing stocks in the market, outperforming 94% of all stocks. We also observe that the gains produced by BTF over the past year are nicely spread over this period.
BTF is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BTF is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
BTF Weekly chart
BTF Daily chart
Setup Rating and Analysis

3

Although BTF has an excellent technical rating, it does not present a decent entry opportunity 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.

Support and Resistance Analysis

12.19

21.47

3 important support areas can be observed.

  • Support @15.31 from a trend line in the weekly time frame.
  • Support @14.81 from a trend line in the daily time frame.
  • Support @12.31 from a trend line in the weekly time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 18.34 to 18.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 20.84 to 21.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.8
Mansfield2.76
10 Day High21.67
10 Day Low18.22
20 Day High21.67
20 Day Low18.22
52 Week High23.25
52 Week Low9.33
Performance
1 Week-14.63%
2 Weeks-10.58%
1 Month-13.59%
3 Month34.45%
6 Month69.57%
12 Month73.71%
2 Year25%
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)-0.29
RSI(14)41.98
LBB18.67
UBB21.93
BTF Daily chart

VALKYRIE BITCOIN AND ETHER S

NASDAQ:BTF (4/16/2024, 11:21:18 AM)

18.019

-0.48 (-2.6%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.6%
1 Week-14.63%
2 Weeks-10.58%
1 Month-13.59%
3 Month34.45%
6 Month69.57%
12 Month73.71%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.01
ATR(20)%5.87%
ATR Inc
Range Today0.47
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High21.67
10 Day Low18.22
20 Day High21.67
20 Day Low18.22
52 Week High23.25
52 Week Low9.33
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume11.70K
Volume Incr-43.24%
Vol(5)38.80K
Vol(50)73.36K