BIT ORIGIN LTD-CL A (BTOG) Stock Technical Analysis
NASDAQ:BTOG - Nasdaq - KYG216211188 - Common Stock - Currency: USD
Taking everything into account, BTOG scores 0 out of 10 in our technical rating. 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.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, BTOG is a bad performer in the overall market: 99% of all stocks are doing better.
BTOG is part of the Software industry. There are 284 other stocks in this industry, of which 89% 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.
BTOG has an average volume of 25685600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month BTOG has a been trading in the 0.14 - 0.20 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
BTOG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
0.14
0.16
We found 2 important support areas.
- Support @0.15 from a trend line in the daily time frame.
- A support zone ranging from 0.14 to 0.14. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The short term trend for BTOG is neutral. |
| ChartMill Relative Strength | 1.02 | NEGATIVE | BTOG has a low relative strength, it was outperformed by 98.98% 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 | MIXED | The current price of BTOG is above 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) | 48.48 | 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. |
| Stochastics (14,3) | 33.72 | NEUTRAL | The Stochastics value for BTOG is a neutral value. |
| Average True Range in percent/ATR (20) | 9.57 | HIGH VOLATILITY | The high ATR as a percentage value for BTOG suggests high volalility. |
| Average Directional Index/ADX (14) | 16.55 | 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)
0.1633
+0.01 (+6.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg6.94%
1 Week2.9%
2 Weeks2%
1 Month-17.65%
3 Month-47.32%
6 Month-83.16%
12 Month-96%
2 Year-92.01%
3 Year-98.75%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%9.57%
ATR Inc8.79%
Range Today0.02
ADR(20)0.02
ADR(20)%9.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.02
Mansfield-8.71
10 Day High0.18
10 Day Low0.14
20 Day High0.2
20 Day Low0.14
52 Week High5.73
52 Week Low0.12
CS1 End0.15
CR1 StartN/A
Volume & EV
DER(3)1.46%
DER(5)-2.57%
Volume7.16M
Volume Incr-74.05%
Vol(5)3.50M
Vol(50)25.69M