BITCOIN DEPOT INC (BTM) Technical Analysis
NASDAQ:BTM • US09174P3038
Current stock price
3.12 USD
-0.12 (-3.7%)
At close:
3.21 USD
+0.09 (+2.88%)
After Hours:
BTM Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to BTM. BTM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 98% of all other stocks performed better in the past year than BTM.
- BTM is one of the lesser performing stocks in the Commercial Services & Supplies industry. 82% of 82 stocks in the same industry do better.
- BTM is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so BTM is lagging the market.
- In the last month BTM has a been trading in the 3.07 - 6.58 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Considerably lower volume is observed in the last couple of days.
BTM Weekly and Daily overview Charts
BTM Setup Rating and Analysis
The technical rating of BTM is bad and it also does not present a 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
BTM Support and Resistance Analysis
BTM Technical Indicator Signal Analysis
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 | 2.52 | NEGATIVE | BTM has a low relative strength, it was outperformed by 97.48% 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) | 23.81 | OVERSOLD | The low RSI value suggests BTM may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests BTM has a negative trend. |
| Stochastics (14,3) | 1.75 | OVERSOLD | The low Stochastics value suggests BTM may be oversold. |
| Average True Range in percent/ATR (20) | 17.22 | HIGH VOLATILITY | The high ATR as a percentage value for BTM suggests high volalility. |
| Average Directional Index/ADX (14) | 49.17 | POSITIVE | The high ADX value value for BTM suggests a strong trend. |
BTM Chart- and CandleStick Pattern Analysis
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)
BTM Technicals: Chart, Performance Metrics, Trend & Indicators
3.12
-0.12 (-3.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg-3.7%
1 Week-28.77%
2 Weeks-36.46%
1 Month-50.19%
3 Month-67.23%
6 Month-87.82%
12 Month-67.23%
2 Year-76.48%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.46
ATR(20)%17.22%
ATR Inc-40.33%
Range Today0.2
ADR(20)0.52
ADR(20)%16.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.52
3 months CRS1.92
6 months CRS1.44
Mansfield-8.38
10 Day High5.18
10 Day Low3.07
20 Day High6.58
20 Day Low3.07
52 Week High48.16
52 Week Low3.07
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-12.57%
DER(5)-5.61%
Volume124.70K
Volume Incr-53.18%
Vol(5)181.22K
Vol(50)677.53K
BITCOIN DEPOT INC / BTM TA FAQ
Can you provide the ChartMill technical rating for BITCOIN DEPOT INC?
ChartMill assigns a technical rating of 0 / 10 to BTM.
What is the trend direction for BTM stock?
The current trend direction for BITCOIN DEPOT INC (BTM) is Bearish.
Can you provide the RSI signal for BITCOIN DEPOT INC?
BITCOIN DEPOT INC (BTM) has an RSI value of 23.8087. This indicates that the stock is currently oversold.
What is the short term momentum for BTM stock?
The short term momentum for BITCOIN DEPOT INC (BTM) is negative.