BITCOIN DEPOT INC (BTM) Stock Technical Analysis
NASDAQ:BTM - Nasdaq - US09174P1057 - Common Stock - Currency: USD
Taking everything into account, BTM scores 8 out of 10 in our technical rating. 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.
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 98% of them.
BTM is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BTM is lagging the market slightly.
BTM has an average volume of 2043510 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.
In the last month BTM has a been trading in the 4.70 - 6.88 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BTM has an excellent technical rating, but the quality of the setup is only medium at the moment. Prices have been consolidating lately.
More info and screens
4.77
6.06
When analyzing the support we notice one important area.
- Support @4.82 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 5.58 to 5.63. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @5.85 from a trend line in the daily time frame.
- Resistance @6.00 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 | 99.07 | POSITIVE | BTM has a high relative strength, it outperformed 99.07% 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 | 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) | 55.6 | NEUTRAL | The RSI value for BTM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests BTM has a negative trend. |
| Stochastics (14,3) | 57.51 | NEUTRAL | The Stochastics value for BTM is a neutral value. |
| Average True Range in percent/ATR (20) | 9.98 | HIGH VOLATILITY | The high ATR as a percentage value for BTM suggests high volalility. |
| Average Directional Index/ADX (14) | 35.91 | 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)
5.54
+0.01 (+0.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg0.18%
1 Week-7.05%
2 Weeks9.27%
1 Month-11.36%
3 Month292.91%
6 Month209.5%
12 Month223.98%
2 Year46.95%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.47
ATR(20)%9.98%
ATR Inc11.61%
Range Today0.46
ADR(20)0.54
ADR(20)%9.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.07
Mansfield13.52
10 Day High6.21
10 Day Low4.7
20 Day High6.88
20 Day Low4.7
52 Week High6.88
52 Week Low0.93
CS1 End4.82
CR1 Start5.58
Volume & EV
DER(3)-0.19%
DER(5)-0.74%
Volume1.21M
Volume Incr-42.23%
Vol(5)1.35M
Vol(50)2.04M