BIT TR BT/ET TR RO ST ET-USD (BTOP) Stock Technical Analysis
NYSEARCA:BTOP - NYSE Arca - US0917484000 - ETF - Currency: USD
Overall BTOP gets a technical rating of 8 out of 10. Although BTOP is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: BTOP has an average volume of 2450 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
In the last month BTOP has a been trading in the 29.36 - 39.59 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When comparing the performance of all stocks over the past year, BTOP turns out to be only a medium performer in the overall market: it outperformed 66% of all stocks.
BTOP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BTOP is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although BTOP has an excellent technical rating, it 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
30.77
38.86
When analyzing the support we can see 2 important areas.
- A support zone ranging from 32.83 to 33.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @31.08 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 | UP | POSITIVE | The long term trend for BTOP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BTOP is up. |
| ChartMill Relative Strength | 66.73 | NEUTRAL | BTOP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BTOP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BTOP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BTOP is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 80.55 | OVERBOUGHT | The high RSI value suggests BTOP may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.75 | POSITIVE | The MACD value suggests BTOP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.54 | OVERBOUGHT | The high Stochastics value suggests BTOP may be overbought. |
| Average True Range in percent/ATR (20) | 2.09 | MEDIUM VOLATILITY | The ATR as a percentage value for BTOP suggests some volalility. |
| Average Directional Index/ADX (14) | 36.98 | POSITIVE | The high ADX value value for BTOP 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)
NYSEARCA:BTOP (7/22/2025, 8:04:02 PM)
38.476
-0.03 (-0.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.09%
1 Week11.82%
2 Weeks25.1%
1 Month27.03%
3 Month44.37%
6 Month20.06%
12 Month-20.85%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.05
ATR(20)%2.09%
ATR Inc51.28%
Range Today0.72
ADR(20)0.53
ADR(20)%1.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.73
Mansfield-0.41
10 Day High39.6
10 Day Low30.79
20 Day High39.6
20 Day Low29.36
52 Week High66.82
52 Week Low23.4
CS1 End33.02
CR1 StartN/A
Volume & EV
DER(3)2.35%
DER(5)4.66%
Volume2.30K
Volume Incr50%
Vol(5)4.02K
Vol(50)2.45K