21SHARES BITCOIN CORE ETP (CBTC.PA) Stock Technical Analysis
EPA:CBTC - CH1199067674 - ETF
22.5208 EUR
+0.08 (+0.36%)
Taking everything into account, CBTC scores 5 out of 10 in our technical rating. In the last year, CBTC was one of the better performers, but we do observe some doubts in the very recent evolution.
CBTC is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Warning: CBTC has an average volume of 785 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
CBTC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CBTC is lagging the market slightly.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When comparing the yearly performance of all stocks, we notice that CBTC is one of the better performing stocks in the market, outperforming 92% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
CBTC 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
16.76
24.97
3 important support areas can be observed.
- A support zone ranging from 22.12 to 22.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @21.06 from a trend line in the weekly time frame.
- Support @16.93 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 24.17 to 24.72. 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 | UP | POSITIVE | The long term trend for CBTC.PA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CBTC.PA is down. |
| ChartMill Relative Strength | 92.48 | POSITIVE | CBTC.PA has a high relative strength, it outperformed 92.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CBTC.PA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CBTC.PA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CBTC.PA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.23 | NEUTRAL | The RSI value for CBTC.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests CBTC.PA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.57 | OVERSOLD | The low Stochastics value suggests CBTC.PA may be oversold. |
| Average True Range in percent/ATR (20) | 2.08 | MEDIUM VOLATILITY | The ATR as a percentage value for CBTC.PA suggests some volalility. |
| Average Directional Index/ADX (14) | 9.81 | NEGATIVE | The low ADX value for CBTC.PA suggests a weak or negative 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)
EPA:CBTC (9/5/2025, 7:00:00 PM)
22.5208
+0.08 (+0.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.36%
1 Week-2.11%
2 Weeks-3.66%
1 Month-4.41%
3 Month2.44%
6 Month15.49%
12 Month74.58%
2 Year236.13%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.49
ATR(20)%2.08%
ATR Inc-25.13%
Range Today0.45
ADR(20)0.26
ADR(20)%1.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.48
Mansfield0.08
10 Day High23.8
10 Day Low22.13
20 Day High24.98
20 Day Low22.13
52 Week High25.22
52 Week Low11.86
CS1 End22.38
CR1 Start24.17
Volume & EV
DER(3)0%
DER(5)0%
Volume4
Volume Incr-20.37%
Vol(5)746.6
Vol(50)785.8