COINSHARES BITCOIN LEVERAGE (BTFX) Stock Technical Analysis
NASDAQ:BTFX - Nasdaq - US91917A5048 - ETF - Currency: USD
Overall BTFX 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, BTFX is showing a nice and steady performance.
Warning: BTFX has an average volume of 6954 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, BTFX did better than 95% of all other stocks.
BTFX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BTFX is lagging the market slightly.
BTFX is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Besides having an excellent technical rating, BTFX also presents a decent setup pattern. Prices have been consolidating lately.
More info and screens
29.56
66.96
We found 6 important support areas.
- A support zone ranging from 62.77 to 63.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 56.55 to 56.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @52.96 from a trend line in the daily time frame.
- Support @48.34 from a horizontal line in the daily time frame.
- Support @41.87 from a trend line in the weekly time frame.
- Support @29.86 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 65.58 to 66.30. 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 BTFX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BTFX is up. |
| ChartMill Relative Strength | 95.07 | POSITIVE | BTFX has a high relative strength, it outperformed 95.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BTFX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BTFX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BTFX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.4 | NEUTRAL | The RSI value for BTFX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.51 | POSITIVE | The MACD value suggests BTFX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.53 | NEUTRAL | The Stochastics value for BTFX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.84 | MEDIUM VOLATILITY | The ATR as a percentage value for BTFX suggests some volalility. |
| Average Directional Index/ADX (14) | 24.91 | NEUTRAL | The ADX value for BTFX suggests a possible start of a new 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)
NASDAQ:BTFX (7/23/2025, 3:56:38 PM)
64.48
-1.09 (-1.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.66%
1 Week4.75%
2 Weeks19.08%
1 Month33.82%
3 Month49.4%
6 Month8.8%
12 Month96.74%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.97
ATR(20)%3.84%
ATR Inc0.2%
Range Today1.25
ADR(20)1.7
ADR(20)%2.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.07
Mansfield3.8
10 Day High68.8
10 Day Low54.93
20 Day High68.8
20 Day Low50.8
52 Week High72.53
52 Week Low16.34
CS1 End63.48
CR1 Start65.58
Volume & EV
DER(3)0.36%
DER(5)1.59%
Volume4.57K
Volume Incr6.86%
Vol(5)8.10K
Vol(50)6.95K