BT GROUP PLC (BTQ.DE) Stock Technical Analysis
FRA:BTQ - Deutsche Boerse Ag - GB0030913577 - Common Stock - Currency: EUR
We assign a technical rating of 2 out of 10 to BTQ. BTQ has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
BTQ is part of the Diversified Telecommunication Services industry. There are 27 other stocks in this industry, of which 65% are performing better than BTQ.
BTQ is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Warning: BTQ has an average volume of 18651 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the performance of all stocks over the past year, BTQ turns out to be only a medium performer in the overall market: it outperformed 45% of all stocks.
BTQ is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BTQ is lagging the market slightly.
The technical rating of BTQ is bad and it also does not present a 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
1.84
2.42
We found 2 important support areas.
- A support zone ranging from 1.97 to 2.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.86 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 2.14 to 2.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.31 from a horizontal line in the daily time frame.
- A resistance zone ranging from 2.37 to 2.40. 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 | NEUTRAL | NEUTRAL | The long term trend for BTQ.DE is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BTQ.DE is down. |
| ChartMill Relative Strength | 45.87 | NEUTRAL | BTQ.DE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BTQ.DE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of BTQ.DE is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BTQ.DE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.32 | NEUTRAL | The RSI value for BTQ.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests BTQ.DE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.33 | NEUTRAL | The Stochastics value for BTQ.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 3.11 | MEDIUM VOLATILITY | The ATR as a percentage value for BTQ.DE suggests some volalility. |
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)
FRA:BTQ (7/22/2022, 7:00:00 PM)
2.09
-0.02 (-0.95%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryDiversified Telecommunication Services
Performance
% Chg-0.95%
1 Week1.95%
2 Weeks-8.33%
1 Month-4.57%
3 Month-6.28%
6 Month-7.93%
12 Month-2.79%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%3.11%
ATR Inc-41.67%
Range Today0.03
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.87
Mansfield1.09
10 Day High2.32
10 Day Low2.02
20 Day High2.32
20 Day Low2.02
52 Week High2.4
52 Week Low1.6
CS1 End2.06
CR1 Start2.14
Volume & EV
DER(3)-21.05%
DER(5)-13.98%
Volume880
Volume Incr16.21%
Vol(5)25.61K
Vol(50)18.65K