BTQ TECHNOLOGIES CORP (BTQ) Technical Analysis
NASDAQ:BTQ • CA0558691014
Current stock price
BTQ Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to BTQ. BTQ'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.
- When comparing the yearly performance of all stocks, BTQ is a bad performer in the overall market: 100% of all stocks are doing better.
- BTQ is one of the lesser performing stocks in the Software industry. 90% of 272 stocks in the same industry do better.
- BTQ has an average volume of 2256770 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- In the last month BTQ has a been trading in the 2.22 - 3.84 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.
BTQ Weekly and Daily overview Charts
BTQ Setup Rating and Analysis
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
BTQ Support and Resistance Analysis
2.72
We found 1 important support area.
- Support @2.75 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 3.15 to 3.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.57 from a trend line in the daily time frame.
BTQ Technical Indicator Signal Analysis
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 is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BTQ is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | BTQ has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BTQ is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BTQ is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 48.3 | NEUTRAL | The RSI value for BTQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests BTQ has a negative trend. |
| Stochastics (14,3) | 27.37 | NEUTRAL | The Stochastics value for BTQ is a neutral value. |
| Average True Range in percent/ATR (20) | 10.36 | HIGH VOLATILITY | The high ATR as a percentage value for BTQ suggests high volalility. |
| Average Directional Index/ADX (14) | 18.28 | NEGATIVE | The low ADX value for BTQ suggests a weak or negative trend. |
BTQ Chart- and CandleStick Pattern Analysis
BTQ Technicals: Chart, Performance Metrics, Trend & Indicators
2.88
+0.03 (+1.05%)
BTQ TECHNOLOGIES CORP / BTQ TA FAQ
Can you provide the ChartMill technical rating for BTQ TECHNOLOGIES CORP?
ChartMill assigns a technical rating of 2 / 10 to BTQ.
Can you provide the trend direction for BTQ TECHNOLOGIES CORP?
The current trend direction for BTQ TECHNOLOGIES CORP (BTQ) is Bearish.
Can you provide the RSI signal for BTQ TECHNOLOGIES CORP?
BTQ TECHNOLOGIES CORP (BTQ) has an RSI value of 48.297. This indicates that the stock is currently neutral.
Can you provide the short term momentum for BTQ TECHNOLOGIES CORP?
The short term momentum for BTQ TECHNOLOGIES CORP (BTQ) is negative.