BRITISH AMERICAN TOB-SP ADR (BTI) Stock Technical Analysis
NYSE:BTI • US1104481072
Overall BTI gets a technical rating of 10 out of 10. Both in the recent history as in the last year, BTI has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, BTI did better than 86% of all other stocks. We also observe that the gains produced by BTI over the past year are nicely spread over this period.
- BTI is part of the Tobacco industry. There are 8 other stocks in this industry. BTI outperforms 85% of them.
- A new 52 week high is currently being made by BTI, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month BTI has a been trading in the 58.55 - 63.22 range, which is quite wide. It is currently trading near the high of this range.
- BTI has an average volume of 4236900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although BTI has an excellent technical rating, it does not offer a high quality setup 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
46.44
We found 5 important support areas.
- A support zone ranging from 58.33 to 59.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @57.38 from a trend line in the weekly time frame.
- A support zone ranging from 54.13 to 55.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @51.78 from a horizontal line in the daily time frame.
- Support @46.91 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 63.04 to 63.04. 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 | 86.88 | POSITIVE | BTI has a high relative strength, it outperformed 86.88% 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) | UP | POSITIVE | The current price of BTI is above the rising 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) | 65.55 | NEUTRAL | The RSI value for BTI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests BTI has a positive trend. |
| Stochastics (14,3) | 83.45 | OVERBOUGHT | The high Stochastics value suggests BTI may be overbought. |
| Average True Range in percent/ATR (20) | 1.96 | LOW VOLATILITY | The low ATR as a percentage value for BTI suggests low volalility. |
| Average Directional Index/ADX (14) | 22.32 | NEUTRAL | The ADX value for BTI suggests a possible start of a new trend. |
63.03
+1.12 (+1.81%)
BRITISH AMERICAN TOB-SP ADR / BTI FAQ
What is the technical rating for BTI stock?
ChartMill assigns a technical rating of 10 / 10 to BTI.
What is the current trend direction of BRITISH AMERICAN TOB-SP ADR (BTI) stock?
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 65.5484. This indicates that the stock is currently neutral.
Can you provide the MACD signal for BRITISH AMERICAN TOB-SP ADR?
The MACD indicator for BRITISH AMERICAN TOB-SP ADR (BTI) has a value of 0.0847367, indicating a bearish trend.
Can you provide the support and resistance levels for BRITISH AMERICAN TOB-SP ADR?
BRITISH AMERICAN TOB-SP ADR (BTI) has a support level at 59.87 and a resistance level at 63.04. Check the full technical report for our detailed analysis of BTI support and resistance levels.