BRITISH AMERICAN TOB-SP ADR (BTI) Technical Analysis
NYSE:BTI • US1104481072
Current stock price
BTI Technical Rating and Analysis
We assign a technical rating of 6 out of 10 to BTI. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- When comparing the yearly performance of all stocks, we notice that BTI is one of the better performing stocks in the market, outperforming 74% of all stocks. We also observe that the gains produced by BTI over the past year are nicely spread over this period.
- BTI is one of the better performing stocks in the Tobacco industry, it outperforms 100% of 8 stocks in the same industry.
- BTI 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 BTI is lagging the market slightly.
- In the last month BTI has a been trading in the 56.05 - 61.63 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- BTI has an average volume of 5288430 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
BTI Weekly and Daily overview Charts
BTI Setup Rating and Analysis
Although the technical rating is only medium, BTI does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 58.67, a Stop Loss order could be placed below this zone.
More info and screens
BTI Support and Resistance Analysis
49.88
When analyzing the support we can see 3 important areas.
- A support zone ranging from 57.87 to 58.67. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @56.85 from a trend line in the daily time frame.
- A support zone ranging from 50.38 to 51.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 58.69 to 59.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 62.80 to 63.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
BTI Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The short term trend for BTI is neutral. |
| ChartMill Relative Strength | 74.32 | POSITIVE | BTI has a high relative strength, it outperformed 74.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BTI is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BTI is below 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) | 48.25 | NEUTRAL | The RSI value for BTI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests BTI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 69.16 | NEUTRAL | The Stochastics value for BTI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.16 | MEDIUM VOLATILITY | The ATR as a percentage value for BTI suggests some volalility. |
| Average Directional Index/ADX (14) | 16.18 | NEGATIVE | The low ADX value for BTI suggests a weak or negative trend. |
BTI Chart- and CandleStick Pattern Analysis
BTI Example Setup
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 |
|---|---|---|---|
| 59.89 | 57.86 | 2.03 (3.39%) | 25.00% |
| An entry @59.89. This is a Buy Stop order right above the resistance zone. | An exit @57.86. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.03 points, which is 3.39%. | For a 0.85% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
BTI Technicals: Chart, Performance Metrics, Trend & Indicators
58.69
-0.12 (-0.2%)
BRITISH AMERICAN TOB-SP ADR / BTI TA FAQ
What is the technical rating for BTI stock?
ChartMill assigns a technical rating of 6 / 10 to BTI.
What is the trend direction for BTI stock?
The current trend direction for BRITISH AMERICAN TOB-SP ADR (BTI) is Bullish.
Can you provide the RSI signal for BRITISH AMERICAN TOB-SP ADR?
BRITISH AMERICAN TOB-SP ADR (BTI) has an RSI value of 48.2546. This indicates that the stock is currently neutral.
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 neutral.
What is the support and resistance level for BTI stock?
BRITISH AMERICAN TOB-SP ADR (BTI) has a support level at 58.67 and a resistance level at 58.69. Check the full technical report for our detailed analysis of BTI support and resistance levels.