Overall BTM gets a technical rating of 0 out of 10. BTM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, BTM does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
1.25
When analyzing the support we notice one important area.
- A support zone ranging from 1.26 to 1.27. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.37 to 1.37. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for BTM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BTM is down. |
| ChartMill Relative Strength | 7.38 | NEGATIVE | BTM has a low relative strength, it was outperformed by 92.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BTM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BTM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BTM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 32.55 | NEUTRAL | The RSI value for BTM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests BTM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 11.9 | OVERSOLD | The low Stochastics value suggests BTM may be oversold. |
| Average True Range in percent/ATR (20) | 8.79 | HIGH VOLATILITY | The high ATR as a percentage value for BTM suggests high volalility. |
| Average Directional Index/ADX (14) | 33.94 | POSITIVE | The high ADX value value for BTM suggests a strong trend. |
1.3
+0.02 (+1.56%)
BITCOIN DEPOT INC / BTM FAQ
Can you provide the ChartMill technical rating for BITCOIN DEPOT INC?
ChartMill assigns a technical rating of 0 / 10 to BTM.
Can you provide the trend direction for BITCOIN DEPOT INC?
The current trend direction for BITCOIN DEPOT INC (BTM) is Bearish.
What is the RSI signal for BTM stock?
BITCOIN DEPOT INC (BTM) has an RSI value of 32.5517. This indicates that the stock is currently neutral.
What is the short term momentum for BTM stock?
The short term momentum for BITCOIN DEPOT INC (BTM) is negative.
Can you provide the support and resistance levels for BITCOIN DEPOT INC?
BITCOIN DEPOT INC (BTM) has a support level at 1.27 and a resistance level at 1.37. Check the full technical report for our detailed analysis of BTM support and resistance levels.