BRIDGETOWN HOLDINGS LTD-CL A (BTWN) Technical Analysis
NASDAQ:BTWN • KYG1355U1132
Current stock price
BTWN Technical Rating and Analysis
Overall BTWN gets a technical rating of 0 out of 10. BTWN'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.
- 87% of all other stocks performed better in the past year than BTWN.
- BTWN is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month BTWN has a been trading in the 5.38 - 10.41 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.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
BTWN Weekly and Daily overview Charts
BTWN Setup Rating and Analysis
The technical rating of BTWN is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
BTWN Support and Resistance Analysis
6.09
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.31 to 10.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
BTWN 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 | NEUTRAL | NEUTRAL | The long term trend for BTWN is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BTWN is down. |
| ChartMill Relative Strength | 13.06 | NEGATIVE | BTWN has a low relative strength, it was outperformed by 86.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BTWN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BTWN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BTWN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 21.83 | OVERSOLD | The low RSI value suggests BTWN may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.43 | NEGATIVE | The MACD value suggests BTWN has a negative trend. |
| Stochastics (14,3) | 27.54 | NEUTRAL | The Stochastics value for BTWN is a neutral value. |
| Average True Range in percent/ATR (20) | 9.44 | HIGH VOLATILITY | The high ATR as a percentage value for BTWN suggests high volalility. |
| Average Directional Index/ADX (14) | 59.44 | POSITIVE | The high ADX value value for BTWN suggests a strong trend. |
BTWN Chart- and CandleStick Pattern Analysis
BTWN Technicals: Chart, Performance Metrics, Trend & Indicators
6.15
-0.26 (-4.06%)
BRIDGETOWN HOLDINGS LTD-CL A / BTWN TA FAQ
What is the ChartMill technical rating of BRIDGETOWN HOLDINGS LTD-CL A (BTWN) stock?
ChartMill assigns a technical rating of 0 / 10 to BTWN.
Can you provide the trend direction for BRIDGETOWN HOLDINGS LTD-CL A?
The current trend direction for BRIDGETOWN HOLDINGS LTD-CL A (BTWN) is Bearish.
Can you provide the RSI signal for BRIDGETOWN HOLDINGS LTD-CL A?
BRIDGETOWN HOLDINGS LTD-CL A (BTWN) has an RSI value of 21.8315. This indicates that the stock is currently oversold.
Can you provide the MACD signal for BRIDGETOWN HOLDINGS LTD-CL A?
The MACD indicator for BRIDGETOWN HOLDINGS LTD-CL A (BTWN) has a value of -0.425322, indicating a bearish trend.
What is the support and resistance level for BTWN stock?
BRIDGETOWN HOLDINGS LTD-CL A (BTWN) has a resistance level at 10.31. Check the full technical report for our detailed analysis of BTWN support and resistance levels.