Ipath Series B US Treasury 10-Year Bear ETN (BTYS) Stock Technical Analysis
NYSEARCA:BTYS - NYSE Arca -
We assign a technical rating of 6 out of 10 to BTYS. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, BTYS is a bad performer.
100% of all other stocks performed better in the past year than BTYS.
BTYS is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BTYS is lagging the market.
Warning: BTYS has an average volume of 960 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month BTYS has a been trading in a tight range between 39.94 and 41.16.
Considerably lower volume is observed in the last couple of days.
BTYS has an average technical rating and the quality of the presented setup is also not ideal 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
37.73
41.83
3 important support areas can be observed.
- A support zone ranging from 39.97 to 40.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 39.24 to 39.24. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 38.11 to 38.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 40.41 to 41.42. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for BTYS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BTYS is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | BTYS has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BTYS is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BTYS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BTYS is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.11 | NEUTRAL | The RSI value for BTYS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests BTYS has a negative trend. |
| Stochastics (14,3) | 67.97 | NEUTRAL | The Stochastics value for BTYS is a neutral value. |
| Average True Range in percent/ATR (20) | 0.7 | LOW VOLATILITY | The low ATR as a percentage value for BTYS suggests low volalility. |
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)
Ipath Series B US Treasury 10-Year Bear ETN
NYSEARCA:BTYS (12/8/2020, 8:04:01 PM)
40.37
-0.15 (-0.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.37%
1 Week-0.7%
2 Weeks0.89%
1 Month1%
3 Month3.99%
6 Month0.66%
12 Month0%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%0.7%
ATR Inc51.15%
Range Today0.11
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
CRS0
Mansfield-30
10 Day High40.91
10 Day Low39.94
20 Day High41.16
20 Day Low39.94
52 Week High50.4
52 Week Low38.12
CS1 End40.13
CR1 Start40.41
Volume & EV
DER(3)0%
DER(5)0%
Volume900
Volume Incr57.58%
Vol(5)260
Vol(50)960