BITCOIN DEPOT INC-CW23 (BTMWW) Stock Technical Analysis
NASDAQ:BTMWW - Nasdaq - - Currency: USD
Taking everything into account, BTMWW scores 9 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, BTMWW is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, BTMWW did better than 99% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
BTMWW is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BTMWW is lagging the market.
In the last month BTMWW has a been trading in the 0.19 - 0.73 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BTMWW has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
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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 BTMWW is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BTMWW is up. |
| ChartMill Relative Strength | 99.75 | POSITIVE | BTMWW has a high relative strength, it outperformed 99.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BTMWW is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BTMWW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BTMWW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.9 | NEUTRAL | The RSI value for BTMWW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests BTMWW has a negative trend. |
| Stochastics (14,3) | 42.93 | NEUTRAL | The Stochastics value for BTMWW is a neutral value. |
| Average True Range in percent/ATR (20) | 29.27 | HIGH VOLATILITY | The high ATR as a percentage value for BTMWW suggests high volalility. |
| Average Directional Index/ADX (14) | 47.81 | POSITIVE | The high ADX value value for BTMWW 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 |
|---|---|---|---|
| 0.55 | 0.40 | 0.15 (26.85%) | 3.72% |
| An entry @0.55. This is a Buy Stop order right above the 10 day moving average. | An exit @0.40. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.15 points, which is 26.85%. | For a 1.00% total portfolio risk, you can invest 3.72% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of BTMWW. Please evaluate whether better entry and exit points can be found.
- 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.
0.4185
-0.06 (-12.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-12.59%
1 Week-30.24%
2 Weeks-27.84%
1 Month79.61%
3 Month533.13%
6 Month480.44%
12 Month784.78%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%29.27%
ATR Inc-33.3%
Range Today0.09
ADR(20)0.12
ADR(20)%28.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.75
Mansfield29.47
10 Day High0.73
10 Day Low0.41
20 Day High0.73
20 Day Low0.19
52 Week High0.73
52 Week Low0.03
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)2.66%
DER(5)-0.77%
Volume156.70K
Volume Incr-45.66%
Vol(5)308.80K
Vol(50)305.86K