CATHEDRA BITCOIN INC (CBIT.CA) Stock Technical Analysis
TSX-V:CBIT - TSX Venture Exchange - CA14919F2061 - Common Stock - Currency: CAD
Overall CBIT gets a technical rating of 5 out of 10. In the past year, CBIT was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
87% of all other stocks performed better in the past year than CBIT.
CBIT is one of the lesser performing stocks in the Software industry. 72% of 62 stocks in the same industry do better.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month CBIT has a been trading in the 0.03 - 0.07 range, which is quite wide. It is currently trading near the high of this range.
CBIT 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 CBIT is lagging the market slightly.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
CBIT has an average technical rating and it also does not offer a high 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
0.03
0.06
When analyzing the support we notice one important area.
- Support @0.03 from a horizontal line in the daily time frame.
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 CBIT.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CBIT.CA is up. |
| ChartMill Relative Strength | 13.1 | NEGATIVE | CBIT.CA has a low relative strength, it was outperformed by 86.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CBIT.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CBIT.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CBIT.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 69.75 | NEUTRAL | The RSI value for CBIT.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests CBIT.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.95 | OVERBOUGHT | The high Stochastics value suggests CBIT.CA may be overbought. |
| Average True Range in percent/ATR (20) | 9.79 | HIGH VOLATILITY | The high ATR as a percentage value for CBIT.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 32.04 | POSITIVE | The high ADX value value for CBIT.CA 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)
TSX-V:CBIT (5/23/2025, 7:00:00 PM)
0.06
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0%
1 Week33.33%
2 Weeks50%
1 Month71.43%
3 Month0%
6 Month-20%
12 Month-51.02%
2 Year-45.45%
3 Year-86.67%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%9.79%
ATR Inc23.53%
Range Today0.01
ADR(20)0
ADR(20)%7.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.1
Mansfield-2.4
10 Day High0.07
10 Day Low0.04
20 Day High0.07
20 Day Low0.03
52 Week High0.14
52 Week Low0.03
CS1 End0.03
CR1 StartN/A
Volume & EV
DER(3)-12.81%
DER(5)-10.3%
Volume169.75K
Volume Incr-33.07%
Vol(5)569.25K
Vol(50)701.54K