21SHARES BITCOIN CORE ETP (CBTC.PA) Stock Technical Analysis
EPA:CBTC - Euronext Paris - Matif - CH1199067674 - ETF - Currency: USD
Taking everything into account, CBTC scores 8 out of 10 in our technical rating. In the last year, CBTC was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
In the last month CBTC has a been trading in the 20.88 - 23.50 range, which is quite wide. It is currently trading near the lows of this range.
Warning: CBTC has an average volume of 1301 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.
CBTC is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CBTC is performing more or less in line with the market.
Looking at the yearly performance, CBTC did better than 94% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
Considerably lower volume is observed in the last couple of days.
Although CBTC has an excellent technical rating, the quality of the presented setup is 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
15.50
24.76
5 important support areas can be observed.
- A support zone ranging from 21.81 to 21.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @18.74 from a trend line in the weekly time frame.
- Support @17.96 from a trend line in the daily time frame.
- Support @17.18 from a trend line in the daily time frame.
- Support @15.66 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 24.18 to 24.51. 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 | UP | POSITIVE | The short term trend for CBTC.PA is up. |
| ChartMill Relative Strength | 94.58 | POSITIVE | CBTC.PA has a high relative strength, it outperformed 94.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CBTC.PA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CBTC.PA is above 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) | 54.19 | NEUTRAL | The RSI value for CBTC.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests CBTC.PA has a negative trend. |
| Stochastics (14,3) | 15.54 | OVERSOLD | The low Stochastics value suggests CBTC.PA may be oversold. |
| Average True Range in percent/ATR (20) | 1.87 | LOW VOLATILITY | The low ATR as a percentage value for CBTC.PA suggests low volalility. |
| Average Directional Index/ADX (14) | 20.13 | NEUTRAL | The ADX value for CBTC.PA suggests a possible start of a new 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 (6/6/2025, 7:00:00 PM)
21.9853
-0.05 (-0.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.25%
1 Week-3.01%
2 Weeks-4.13%
1 Month7.69%
3 Month12.75%
6 Month-2.03%
12 Month46.18%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.38
ATR(20)%1.87%
ATR Inc10.46%
Range Today0.15
ADR(20)0.21
ADR(20)%0.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.58
Mansfield1.59
10 Day High23.5
10 Day Low21.57
20 Day High23.5
20 Day Low20.88
52 Week High25.22
52 Week Low10.89
CS1 End21.98
CR1 Start24.18
Volume & EV
DER(3)0%
DER(5)0%
Volume1.19K
Volume Incr-56.55%
Vol(5)813
Vol(50)1.30K