BRIDGETOWN HOLDINGS -CW27 (BTWNW) Stock Technical Analysis
NASDAQ:BTWNW - Nasdaq - - Currency: USD
Taking everything into account, BTWNW scores 3 out of 10 in our technical rating. BTWNW has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month BTWNW has a been trading in the 0.17 - 0.46 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 and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the performance of all stocks over the past year, BTWNW turns out to be only a medium performer in the overall market: it outperformed 57% of all stocks.
BTWNW is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BTWNW is lagging the market slightly.
BTWNW has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
0.18
0.19
We found 2 important support areas.
- Support @0.19 from a trend line in the daily time frame.
- A support zone ranging from 0.18 to 0.18. 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 | NEUTRAL | NEUTRAL | The long term trend for BTWNW is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BTWNW is neutral. |
| ChartMill Relative Strength | 57.61 | NEUTRAL | BTWNW is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BTWNW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of BTWNW is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of BTWNW is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.04 | NEUTRAL | The RSI value for BTWNW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests BTWNW has a negative trend. |
| Stochastics (14,3) | 19.49 | OVERSOLD | The low Stochastics value suggests BTWNW may be oversold. |
| Average True Range in percent/ATR (20) | 34.97 | HIGH VOLATILITY | The high ATR as a percentage value for BTWNW suggests high volalility. |
| Average Directional Index/ADX (14) | 25.45 | POSITIVE | The high ADX value value for BTWNW 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)
NASDAQ:BTWNW (10/12/2023, 8:00:02 PM)
0.1901
-0.03 (-13.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-13.59%
1 Week-17.38%
2 Weeks-49.97%
1 Month-22.41%
3 Month-4.95%
6 Month46.12%
12 Month0.11%
2 Year-85.03%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%34.97%
ATR Inc3.79%
Range Today0.05
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
CRS57.61
Mansfield-0.86
10 Day High0.45
10 Day Low0.17
20 Day High0.46
20 Day Low0.17
52 Week High0.46
52 Week Low0.08
CS1 End0.19
CR1 StartN/A
Volume & EV
DER(3)-0.94%
DER(5)-13.47%
Volume64.90K
Volume Incr128.87%
Vol(5)144.84K
Vol(50)59.51K