BITCOIN DEPOT INC (BTM) Stock Technical Analysis
NASDAQ:BTM - Nasdaq - US09174P1057 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to BTM. Both in the recent history as in the last year, BTM has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
BTM is part of the Commercial Services & Supplies industry. There are 83 other stocks in this industry. BTM outperforms 97% of them.
BTM is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so BTM is leading the market.
In the last month BTM has a been trading in the 1.36 - 3.77 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When comparing the yearly performance of all stocks, we notice that BTM is one of the better performing stocks in the market, outperforming 98% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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
1.33
3.68
2 important support areas can be observed.
- A support zone ranging from 3.58 to 3.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.34 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 | 98.76 | POSITIVE | BTM has a high relative strength, it outperformed 98.76% 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) | 79.61 | OVERBOUGHT | The high RSI value suggests BTM may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests BTM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.94 | OVERBOUGHT | The high Stochastics value suggests BTM may be overbought. |
| Average True Range in percent/ATR (20) | 8.77 | HIGH VOLATILITY | The high ATR as a percentage value for BTM suggests high volalility. |
| Average Directional Index/ADX (14) | 50.85 | 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)
NASDAQ:BTM (5/29/2025, 11:56:43 AM)
3.64
+0.05 (+1.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg1.39%
1 Week22.11%
2 Weeks102.83%
1 Month131.61%
3 Month226.36%
6 Month80.4%
12 Month80.4%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.42
ATR(20)%8.77%
ATR Inc-6.8%
Range Today0.13
ADR(20)0.31
ADR(20)%8.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.76
Mansfield10.59
10 Day High3.77
10 Day Low1.65
20 Day High3.77
20 Day Low1.36
52 Week High3.77
52 Week Low0.93
CS1 End1.34
CR1 StartN/A
Volume & EV
DER(3)-1.13%
DER(5)-0.11%
Volume538.46K
Volume Incr130.03%
Vol(5)2.62M
Vol(50)847.57K