BLACK TITAN CORP (BTTC) Technical Analysis
NASDAQ:BTTC • KYG1156E1026
Current stock price
BTTC Technical Rating and Analysis
Overall BTTC gets a technical rating of 1 out of 10. BTTC'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, BTTC is a bad performer in the overall market: 100% of all stocks are doing better.
- BTTC is one of the lesser performing stocks in the IT Services industry. 89% of 88 stocks in the same industry do better.
- In the last month BTTC has a been trading in the 1.21 - 1.80 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.
BTTC Weekly and Daily overview Charts
BTTC Setup Rating and Analysis
Although the technical rating is bad, BTTC does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for BTTC in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
BTTC Support and Resistance Analysis
1.25
We found 2 important support areas.
- A support zone ranging from 1.39 to 1.39. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 1.26 to 1.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 1.46 to 1.46. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @1.49 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 1.55 to 1.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
BTTC 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 | DOWN | NEGATIVE | The long term trend for BTTC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BTTC is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | BTTC has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BTTC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BTTC is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 47.94 | NEUTRAL | The RSI value for BTTC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests BTTC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 49.5 | NEUTRAL | The Stochastics value for BTTC is a neutral value. |
| Average True Range in percent/ATR (20) | 8.31 | HIGH VOLATILITY | The high ATR as a percentage value for BTTC suggests high volalility. |
| Average Directional Index/ADX (14) | 24.92 | NEUTRAL | The ADX value for BTTC suggests a possible start of a new trend. |
BTTC Chart- and CandleStick Pattern Analysis
BTTC Technicals: Chart, Performance Metrics, Trend & Indicators
1.4
+0.01 (+0.72%)
BLACK TITAN CORP / BTTC TA FAQ
What is the ChartMill technical rating of BLACK TITAN CORP (BTTC) stock?
ChartMill assigns a technical rating of 1 / 10 to BTTC.
Can you provide the trend direction for BLACK TITAN CORP?
The current trend direction for BLACK TITAN CORP (BTTC) is Bearish.
What is the RSI signal for BTTC stock?
BLACK TITAN CORP (BTTC) has an RSI value of 47.943. This indicates that the stock is currently neutral.
Can you provide the MACD signal for BLACK TITAN CORP?
The MACD indicator for BLACK TITAN CORP (BTTC) has a value of 0.0127828, indicating a bearish trend.
Can you provide the support and resistance levels for BLACK TITAN CORP?
BLACK TITAN CORP (BTTC) has a support level at 1.39 and a resistance level at 1.46. Check the full technical report for our detailed analysis of BTTC support and resistance levels.