BIT ORIGIN LTD-CL A (BTOG) Stock Technical Analysis
NASDAQ:BTOG - Nasdaq - KYG216211188 - Common Stock - Currency: USD
Taking everything into account, BTOG scores 1 out of 10 in our technical rating. BTOG 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.
99% of all other stocks performed better in the past year than BTOG.
BTOG is one of the lesser performing stocks in the Software industry. 89% of 283 stocks in the same industry do better.
BTOG is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so BTOG is lagging the market.
In the last month BTOG has a been trading in the 0.15 - 0.26 range, which is quite wide. It is currently trading near the lows of this range.
BTOG has an average volume of 29149300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, BTOG does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for BTOG in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.17
0.18
We found 1 important resistance area.
- A resistance zone ranging from 0.18 to 0.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 BTOG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BTOG is down. |
| ChartMill Relative Strength | 1.25 | NEGATIVE | BTOG has a low relative strength, it was outperformed by 98.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BTOG is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BTOG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BTOG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.29 | NEUTRAL | The RSI value for BTOG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests BTOG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 24.14 | NEUTRAL | The Stochastics value for BTOG is a neutral value. |
| Average True Range in percent/ATR (20) | 15.13 | HIGH VOLATILITY | The high ATR as a percentage value for BTOG suggests high volalility. |
| Average Directional Index/ADX (14) | 28.61 | POSITIVE | The high ADX value value for BTOG 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)
0.1722
+0.01 (+8.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg8.44%
1 Week-4.39%
2 Weeks-11.96%
1 Month16.51%
3 Month-56.15%
6 Month-87.74%
12 Month-95.28%
2 Year-92.21%
3 Year-99.33%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%15.13%
ATR Inc-20.25%
Range Today0.02
ADR(20)0.02
ADR(20)%14.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.25
Mansfield-8.82
10 Day High0.22
10 Day Low0.15
20 Day High0.26
20 Day Low0.15
52 Week High5.73
52 Week Low0.12
CS1 EndN/A
CR1 Start0.18
Volume & EV
DER(3)2.1%
DER(5)3.01%
Volume56.20M
Volume Incr-41.62%
Vol(5)18.76M
Vol(50)29.15M