BITCOIN DEPOT INC (BTM) Stock Technical Analysis
NASDAQ:BTM - Nasdaq - US09174P1057 - Common Stock - Currency: USD
Overall BTM gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BTM is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
BTM is one of the better performing stocks in the Commercial Services & Supplies industry, it outperforms 97% of 83 stocks in the same industry.
BTM is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so BTM is performing more or less in line with the market.
In the last month BTM has a been trading in the 2.96 - 6.88 range, which is quite wide. It is currently trading near the high of this range.
BTM has an average volume of 1570180 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, BTM did better than 99% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Volume is considerably higher in the last couple of days.
Although BTM 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
5.56
6.09
We found 1 important support area.
- Support @5.62 from a horizontal 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 | UP | POSITIVE | The short term trend for BTM is up. |
| ChartMill Relative Strength | 99.48 | POSITIVE | BTM has a high relative strength, it outperformed 99.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BTM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BTM is above 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) | 70.11 | OVERBOUGHT | The high RSI value suggests BTM may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests BTM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 69.4 | NEUTRAL | The Stochastics value for BTM is a neutral value. |
| Average True Range in percent/ATR (20) | 10.08 | HIGH VOLATILITY | The high ATR as a percentage value for BTM suggests high volalility. |
| Average Directional Index/ADX (14) | 63.26 | 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)
6.03
+0.4 (+7.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg7.1%
1 Week-3.52%
2 Weeks47.07%
1 Month99.67%
3 Month343.38%
6 Month248.56%
12 Month315.86%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.67
ATR(20)%10.08%
ATR Inc-8.1%
Range Today0.63
ADR(20)0.6
ADR(20)%10%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.48
Mansfield20.42
10 Day High6.88
10 Day Low4.17
20 Day High6.88
20 Day Low2.96
52 Week High6.88
52 Week Low0.93
CS1 End5.62
CR1 StartN/A
Volume & EV
DER(3)-3.85%
DER(5)-1.95%
Volume2.53M
Volume Incr-26.69%
Vol(5)2.29M
Vol(50)1.57M