BETTER THERAPEUTICS INC (BTTX) Technical Analysis
NASDAQ:BTTX • US08773T1043
Current stock price
BTTX Technical Rating and Analysis
Taking everything into account, BTTX scores 0 out of 10 in our technical rating. BTTX'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.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 100% of all other stocks performed better in the past year than BTTX.
- BTTX is one of the lesser performing stocks in the Health Care Technology industry. 94% of 35 stocks in the same industry do better.
- BTTX is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so BTTX is lagging the market.
- In the last month BTTX has a been trading in the 0.03 - 0.24 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- BTTX has an average volume of 7475130 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
BTTX Weekly and Daily overview Charts
BTTX Setup Rating and Analysis
The technical rating of BTTX is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
BTTX Support and Resistance Analysis
BTTX 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 BTTX is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BTTX is neutral. |
| ChartMill Relative Strength | 0.21 | NEGATIVE | BTTX has a low relative strength, it was outperformed by 99.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BTTX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BTTX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BTTX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 27.77 | OVERSOLD | The low RSI value suggests BTTX may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests BTTX has a negative trend. |
| Stochastics (14,3) | 28.89 | NEUTRAL | The Stochastics value for BTTX is a neutral value. |
| Average True Range in percent/ATR (20) | 74.75 | HIGH VOLATILITY | The high ATR as a percentage value for BTTX suggests high volalility. |
| Average Directional Index/ADX (14) | 25.95 | POSITIVE | The high ADX value value for BTTX suggests a strong trend. |
BTTX Chart- and CandleStick Pattern Analysis
BTTX Technicals: Chart, Performance Metrics, Trend & Indicators
0.0446
+0.01 (+27.43%)
BETTER THERAPEUTICS INC / BTTX TA FAQ
What is the technical rating for BTTX stock?
ChartMill assigns a technical rating of 0 / 10 to BTTX.
What is the current trend direction of BETTER THERAPEUTICS INC (BTTX) stock?
The current trend direction for BETTER THERAPEUTICS INC (BTTX) is Bearish.
Can you provide the RSI signal for BETTER THERAPEUTICS INC?
BETTER THERAPEUTICS INC (BTTX) has an RSI value of 27.7684. This indicates that the stock is currently oversold.
What is the short term momentum for BTTX stock?
The short term momentum for BETTER THERAPEUTICS INC (BTTX) is neutral.