BITCOIN DEPOT INC (BTM) Stock Technical Analysis
NASDAQ:BTM - Nasdaq - US09174P1057 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to BTM. 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.
In the last month BTM has a been trading in the 4.57 - 6.79 range, which is quite wide. It is currently trading near the lows of this range.
BTM is one of the better performing stocks in the Commercial Services & Supplies industry, it outperforms 98% of 84 stocks in the same industry.
BTM has an average volume of 1958330 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Looking at the yearly performance, BTM did better than 98% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
BTM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BTM is lagging the market.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, BTM does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 4.63, a Stop Loss order could be placed below this zone.
More info and screens
4.58
5.58
We found 1 important support area.
- A support zone ranging from 4.63 to 4.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- Resistance @5.52 from a trend line 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 | UP | POSITIVE | The long term trend for BTM is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BTM is down. |
| ChartMill Relative Strength | 98.53 | POSITIVE | BTM has a high relative strength, it outperformed 98.53% 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) | UP | MIXED | The current price of BTM is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BTM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.11 | NEUTRAL | The RSI value for BTM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests BTM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.57 | OVERSOLD | The low Stochastics value suggests BTM may be oversold. |
| Average True Range in percent/ATR (20) | 8.8 | HIGH VOLATILITY | The high ATR as a percentage value for BTM suggests high volalility. |
| Average Directional Index/ADX (14) | 27.76 | POSITIVE | The high ADX value value for BTM suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
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 |
|---|---|---|---|
| 5.53 | 4.62 | 0.91 (16.46%) | 6.08% |
| An entry @5.53. This is a Buy Stop order right above the resistance zone. | An exit @4.62. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.91 points, which is 16.46%. | For a 1.00% total portfolio risk, you can invest 6.08% 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.
NASDAQ:BTM (8/5/2025, 11:13:20 AM)
4.98
-0.02 (-0.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg-0.4%
1 Week-4.58%
2 Weeks-8.09%
1 Month-16.11%
3 Month195.86%
6 Month262.32%
12 Month192.4%
2 Year79.86%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.43
ATR(20)%8.8%
ATR Inc-16.55%
Range Today0.22
ADR(20)0.42
ADR(20)%8.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.53
Mansfield9.53
10 Day High5.7
10 Day Low4.57
20 Day High6.79
20 Day Low4.57
52 Week High6.88
52 Week Low0.93
CS1 End4.63
CR1 Start5.52
Volume & EV
DER(3)-0.82%
DER(5)0.51%
Volume304.12K
Volume Incr-42.87%
Vol(5)924.84K
Vol(50)1.96M