BRITISH AMERICAN TOB-SP ADR (BTI) Stock Technical Analysis
USA - NYSE:BTI - US1104481072 - ADR
Overall BTI gets a technical rating of 9 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, BTI is showing a nice and steady performance.
Although BTI has an excellent technical rating, the quality of the presented setup is 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
43.86
We found 3 important support areas.
- A support zone ranging from 53.12 to 53.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 50.38 to 52.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @44.30 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- Resistance @55.58 from a trend line in the daily time frame.
- Resistance @57.31 from a horizontal line in the daily time frame.
- A resistance zone ranging from 58.52 to 59.28. 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 BTI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BTI is up. |
| ChartMill Relative Strength | 86.7 | POSITIVE | BTI has a high relative strength, it outperformed 86.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BTI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BTI is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BTI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.92 | NEUTRAL | The RSI value for BTI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests BTI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 69.01 | NEUTRAL | The Stochastics value for BTI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.51 | LOW VOLATILITY | The low ATR as a percentage value for BTI suggests low volalility. |
| Average Directional Index/ADX (14) | 21.61 | NEUTRAL | The ADX value for BTI suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 55.59 | 53.32 | 2.27 (4.08%) | 24.49% |
| An entry @55.59. This is a Buy Stop order right above the resistance zone. | An exit @53.32. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.27 points, which is 4.08%. | When investing 24.49% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
54.86
+0.15 (+0.27%)
BRITISH AMERICAN TOB-SP ADR / BTI FAQ
What is the technical rating for BTI stock?
ChartMill assigns a technical rating of 9 / 10 to BTI.
Can you provide the trend direction for BRITISH AMERICAN TOB-SP ADR?
The current trend direction for BRITISH AMERICAN TOB-SP ADR (BTI) is Bullish.
What is the RSI signal for BRITISH AMERICAN TOB-SP ADR (BTI) stock?
BRITISH AMERICAN TOB-SP ADR (BTI) has an RSI value of 59.9219. This indicates that the stock is currently neutral.
What is the MACD signal for BTI stock?
The MACD indicator for BRITISH AMERICAN TOB-SP ADR (BTI) has a value of 0.1953, indicating a bearish trend.
What is the short term momentum for BRITISH AMERICAN TOB-SP ADR (BTI) stock?
The short term momentum for BRITISH AMERICAN TOB-SP ADR (BTI) is positive.