BRITISH AMERICAN TOB-SP ADR (BTI) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BTI - US1104481072 - ADR
Taking everything into account, BTI scores 9 out of 10 in our technical rating. In the last year, BTI was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, BTI did better than 89% of all other stocks. On top of that, BTI also shows a nice and consistent pattern of rising prices.
- BTI is one of the better performing stocks in the Tobacco industry, it outperforms 85% of 8 stocks in the same industry.
- BTI is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month BTI has a been trading in the 53.28 - 58.27 range, which is quite wide. It is currently trading near the high of this range.
- BTI has an average volume of 3467630 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. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
45.33
We found 4 important support areas.
- A support zone ranging from 55.19 to 56.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 53.76 to 54.13. This zone is formed by a combination of multiple trend lines 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.
- Support @45.79 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 58.33 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 | 89.17 | POSITIVE | BTI has a high relative strength, it outperformed 89.17% 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) | 61.28 | NEUTRAL | The RSI value for BTI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests BTI has a positive trend. |
| Stochastics (14,3) | 90.34 | OVERBOUGHT | The high Stochastics value suggests BTI may be overbought. |
| Average True Range in percent/ATR (20) | 1.47 | LOW VOLATILITY | The low ATR as a percentage value for BTI suggests low volalility. |
| Average Directional Index/ADX (14) | 18.05 | NEGATIVE | The low ADX value for BTI suggests a weak or negative trend. |
58.08
+0.64 (+1.11%)
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.
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 61.284. 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 0.172121, 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 56.27 and a resistance level at 58.33. Check the full technical report for our detailed analysis of BTI support and resistance levels.