BIT ORIGIN LTD-CL A (BTOG) Stock Technical Analysis
NASDAQ:BTOG • KYG216211345
Overall BTOG gets a technical rating of 0 out of 10. BTOG's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 100% of all other stocks performed better in the past year than BTOG.
- BTOG is part of the Software industry. There are 277 other stocks in this industry, of which 90% are performing better than BTOG.
- BTOG is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month BTOG has a been trading in the 2.49 - 6.43 range, which is quite wide. It is currently trading near the lows of this range.
- BTOG has an average volume of 1595030 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.
BTOG has a poor technical rating and the quality of the setup is also not perfect 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
2.82
We found 1 important resistance area.
- Resistance @2.92 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 | 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 | 0.66 | NEGATIVE | BTOG has a low relative strength, it was outperformed by 99.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BTOG is below a declining 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) | 22.48 | OVERSOLD | The low RSI value suggests BTOG may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests BTOG has a positive trend. |
| Stochastics (14,3) | 15.36 | OVERSOLD | The low Stochastics value suggests BTOG may be oversold. |
| Average True Range in percent/ATR (20) | 25.93 | HIGH VOLATILITY | The high ATR as a percentage value for BTOG suggests high volalility. |
| Average Directional Index/ADX (14) | 49.52 | POSITIVE | The high ADX value value for BTOG suggests a strong trend. |
2.85
+0.11 (+4.01%)
BIT ORIGIN LTD-CL A / BTOG FAQ
What is the technical rating for BTOG stock?
ChartMill assigns a technical rating of 0 / 10 to BTOG.
What is the current trend direction of BIT ORIGIN LTD-CL A (BTOG) stock?
The current trend direction for BIT ORIGIN LTD-CL A (BTOG) is Bearish.
What is the RSI signal for BIT ORIGIN LTD-CL A (BTOG) stock?
BIT ORIGIN LTD-CL A (BTOG) has an RSI value of 22.4784. This indicates that the stock is currently oversold.
What is the MACD signal for BTOG stock?
The MACD indicator for BIT ORIGIN LTD-CL A (BTOG) has a value of 0.271073, indicating a bearish trend.
Can you provide the support and resistance levels for BIT ORIGIN LTD-CL A?
BIT ORIGIN LTD-CL A (BTOG) has a resistance level at 2.92. Check the full technical report for our detailed analysis of BTOG support and resistance levels.