BTRS HOLDINGS INC-CL 1 (BTRS) Stock Technical Analysis
NASDAQ:BTRS - US11778X1046 - Common Stock
9.49 USD
-0.01 (-0.11%)
9.49 USD
0 (0%)
Taking everything into account, BTRS scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, BTRS has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
BTRS is one of the better performing stocks in the Software industry, it outperforms 91% of 282 stocks in the same industry.
BTRS is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
BTRS has an average volume of 1891290 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that BTRS is one of the better performing stocks in the market, outperforming 96% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month BTRS has a been trading in a tight range between 9.43 and 9.51.
Besides having an excellent technical rating, BTRS also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 9.50. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 9.47, a Stop Loss order could be placed below this zone.
More info and screens
6.48
9.61
When analyzing the support we can see 3 important areas.
- A support zone ranging from 9.37 to 9.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 6.85 to 6.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.55 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 9.50 to 9.51. 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 | UP | POSITIVE | The long term trend for BTRS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BTRS is up. |
| ChartMill Relative Strength | 96.06 | POSITIVE | BTRS has a high relative strength, it outperformed 96.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BTRS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BTRS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BTRS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.1 | NEUTRAL | The RSI value for BTRS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests BTRS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 72.22 | NEUTRAL | The Stochastics value for BTRS is a neutral value. |
| Average True Range in percent/ATR (20) | 0.22 | LOW VOLATILITY | The low ATR as a percentage value for BTRS suggests low volalility. |
| Average Directional Index/ADX (14) | 45.63 | POSITIVE | The high ADX value value for BTRS 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 9.52 | 9.44 | 0.08 (0.84%) | 25.00% |
| An entry @9.52. This is a Buy Stop order right above the resistance zone. | An exit @9.44. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.08 points, which is 0.84%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.21%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
9.49
-0.01 (-0.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-0.11%
1 Week0.21%
2 Weeks0.21%
1 Month0.64%
3 Month46.23%
6 Month110.42%
12 Month20.58%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%0.22%
ATR Inc-50%
Range Today0.01
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
CRS96.06
Mansfield4.28
10 Day High9.51
10 Day Low9.45
20 Day High9.51
20 Day Low9.43
52 Week High9.51
52 Week Low3.95
CS1 End9.47
CR1 Start9.5
Volume & EV
DER(3)0.12%
DER(5)0.71%
Volume3.20M
Volume Incr19.92%
Vol(5)1.76M
Vol(50)1.89M