BIT ORIGIN LTD-CL A (BTOG) Stock Technical Analysis
USA - NASDAQ:BTOG - KYG216211188 - Common Stock
0.4612 USD
-0.03 (-5.3%)
0.4584 USD
0 (-0.61%)
Taking everything into account, BTOG scores 5 out of 10 in our technical rating. In the last year, BTOG was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
BTOG is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
BTOG is one of the better performing stocks in the Software industry, it outperforms 80% of 281 stocks in the same industry.
In the last month BTOG has a been trading in the 0.35 - 0.51 range, which is quite wide. It is currently trading near the high of this range.
BTOG has an average volume of 11194300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the yearly performance of all stocks, we notice that BTOG is one of the better performing stocks in the market, outperforming 89% 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.
BTOG has an average technical rating and it also 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
0.33
0.70
When analyzing the support we can see 4 important areas.
- A support zone ranging from 0.41 to 0.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.40 from a trend line in the daily time frame.
- Support @0.38 from a trend line in the weekly time frame.
- Support @0.33 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @0.49 from a horizontal line in the daily time frame.
- Resistance @0.69 from a trend 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 | NEUTRAL | NEUTRAL | The long term trend for BTOG is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BTOG is neutral. |
| ChartMill Relative Strength | 89.62 | POSITIVE | BTOG has a high relative strength, it outperformed 89.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BTOG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BTOG is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BTOG is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.67 | NEUTRAL | The RSI value for BTOG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests BTOG has a positive trend. |
| Stochastics (14,3) | 69.96 | NEUTRAL | The Stochastics value for BTOG is a neutral value. |
| Average True Range in percent/ATR (20) | 9.82 | HIGH VOLATILITY | The high ATR as a percentage value for BTOG suggests high volalility. |
| Average Directional Index/ADX (14) | 15.19 | NEGATIVE | The low ADX value for BTOG suggests a weak or negative 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)
0.4612
-0.03 (-5.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-5.3%
1 Week19.79%
2 Weeks10.23%
1 Month39.76%
3 Month168.14%
6 Month229.43%
12 Month-81.25%
2 Year-68.41%
3 Year-94.1%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%9.82%
ATR Inc175.11%
Range Today0.1
ADR(20)0.04
ADR(20)%9.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.62
Mansfield-3.54
10 Day High0.51
10 Day Low0.35
20 Day High0.51
20 Day Low0.35
52 Week High2.74
52 Week Low0.12
CS1 End0.41
CR1 Start0.49
Volume & EV
DER(3)4.69%
DER(5)2.28%
Volume10.91M
Volume Incr41.3%
Vol(5)7.72M
Vol(50)11.19M