BTRS HOLDINGS INC-CL 1 (BTRS) Technical Analysis
NASDAQ:BTRS • US11778X1046
Current stock price
BTRS Technical Rating and Analysis
Overall BTRS gets a technical rating of 9 out of 10. 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 96% of 275 stocks in the same industry.
- BTRS is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so BTRS is leading 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.
- Looking at the yearly performance, BTRS did better than 96% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- In the last month BTRS has a been trading in a tight range between 9.43 and 9.51.
BTRS Weekly and Daily overview Charts
BTRS Setup Rating and Analysis
Besides having an excellent technical rating, BTRS also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. 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.
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BTRS Support and Resistance Analysis
6.48
We found 3 important support 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.
BTRS 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 | 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. |
BTRS Chart- and CandleStick Pattern Analysis
BTRS Example Setup
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.
BTRS Technicals: Chart, Performance Metrics, Trend & Indicators
9.49
-0.01 (-0.11%)
BTRS HOLDINGS INC-CL 1 / BTRS TA FAQ
What is the ChartMill technical rating of BTRS HOLDINGS INC-CL 1 (BTRS) stock?
ChartMill assigns a technical rating of 8 / 10 to BTRS.
What is the current trend direction of BTRS HOLDINGS INC-CL 1 (BTRS) stock?
The current trend direction for BTRS HOLDINGS INC-CL 1 (BTRS) is Bullish.
Can you provide the RSI signal for BTRS HOLDINGS INC-CL 1?
BTRS HOLDINGS INC-CL 1 (BTRS) has an RSI value of 67.096. This indicates that the stock is currently neutral.
What is the short term momentum for BTRS HOLDINGS INC-CL 1 (BTRS) stock?
The short term momentum for BTRS HOLDINGS INC-CL 1 (BTRS) is positive.
What are the support and resistance levels for BTRS HOLDINGS INC-CL 1 (BTRS) stock?
BTRS HOLDINGS INC-CL 1 (BTRS) has a support level at 9.47 and a resistance level at 9.5. Check the full technical report for our detailed analysis of BTRS support and resistance levels.