Taking everything into account, BTRN scores 0 out of 10 in our technical rating. BTRN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
BTRN has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 27.64, a Stop Loss order could be placed below this zone.
27.36
When analyzing the support we notice one important area.
4 important resistance areas can be observed.
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 BTRN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BTRN is down. |
| ChartMill Relative Strength | 12.91 | NEGATIVE | BTRN has a low relative strength, it was outperformed by 87.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BTRN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BTRN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BTRN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 17.07 | OVERSOLD | The low RSI value suggests BTRN may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.3 | NEGATIVE | The MACD value suggests BTRN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 3.33 | OVERSOLD | The low Stochastics value suggests BTRN may be oversold. |
| Average True Range in percent/ATR (20) | 1.86 | LOW VOLATILITY | The low ATR as a percentage value for BTRN suggests low volalility. |
| Average Directional Index/ADX (14) | 51.2 | POSITIVE | The high ADX value value for BTRN suggests a strong trend. |
NYSEARCA:BTRN (1/13/2026, 4:15:00 PM)
28.2375
+0.44 (+1.58%)
ChartMill assigns a technical rating of 0 / 10 to BTRN.
The current trend direction for GLOBAL X BITCOIN TND STR ETF (BTRN) is Bearish.
GLOBAL X BITCOIN TND STR ETF (BTRN) has an RSI value of 17.0744. This indicates that the stock is currently oversold.
The MACD indicator for GLOBAL X BITCOIN TND STR ETF (BTRN) has a value of -0.299147, indicating a bearish trend.
The short term momentum for GLOBAL X BITCOIN TND STR ETF (BTRN) is negative.