78.59 USD
-0.53 (-0.67%)
78.8 USD
+0.21 (+0.27%)
We assign a technical rating of 0 out of 10 to FBTC. FBTC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, FBTC is a bad performer in the overall market: 83% of all stocks are doing better.
FBTC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
FBTC has an average volume of 6456490 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month FBTC has a been trading in the 73.55 - 82.66 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, FBTC does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 78.27, a Stop Loss order could be placed below this zone.
More info and screens
72.39
108.34
3 important support areas can be observed.
- A support zone ranging from 76.72 to 78.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @75.08 from a trend line in the daily time frame.
- A support zone ranging from 73.12 to 73.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 78.60 to 78.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 80.34 to 82.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @107.27 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 | DOWN | NEGATIVE | The long term trend for FBTC is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FBTC is neutral. |
| ChartMill Relative Strength | 17.01 | NEGATIVE | FBTC has a low relative strength, it was outperformed by 82.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of FBTC is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FBTC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of FBTC is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.03 | NEUTRAL | The RSI value for FBTC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.67 | POSITIVE | The MACD value suggests FBTC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 56.21 | NEUTRAL | The Stochastics value for FBTC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.37 | MEDIUM VOLATILITY | The ATR as a percentage value for FBTC suggests some volalility. |
| Average Directional Index/ADX (14) | 14.41 | NEGATIVE | The low ADX value for FBTC 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)
78.59
-0.53 (-0.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.67%
1 Week0.51%
2 Weeks3.38%
1 Month-2.57%
3 Month-22.75%
6 Month-23.82%
12 Month-4.96%
2 Year111.04%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.28
ATR(20)%3.37%
ATR Inc-24.68%
Range Today1.98
ADR(20)2.25
ADR(20)%2.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.01
3 months CRS12.73
6 months CRS12.76
Mansfield-2.05
10 Day High82.66
10 Day Low75.4
20 Day High82.66
20 Day Low73.55
52 Week High110.25
52 Week Low66.06
CS1 End78.27
CR1 Start78.6
Volume & EV
DER(3)-2.14%
DER(5)-1.74%
Volume4.01M
Volume Incr-6.14%
Vol(5)5.15M
Vol(50)6.46M
FIDELITY WISE ORIGIN BITCOIN / FBTC FAQ
Can you provide the ChartMill technical rating for FIDELITY WISE ORIGIN BITCOIN?
ChartMill assigns a technical rating of 0 / 10 to FBTC.
Can you provide the trend direction for FIDELITY WISE ORIGIN BITCOIN?
The current trend direction for FIDELITY WISE ORIGIN BITCOIN (FBTC) is Bearish.
Can you provide the RSI signal for FIDELITY WISE ORIGIN BITCOIN?
FIDELITY WISE ORIGIN BITCOIN (FBTC) has an RSI value of 49.0252. This indicates that the stock is currently neutral.
What is the MACD signal for FBTC stock?
The MACD indicator for FIDELITY WISE ORIGIN BITCOIN (FBTC) has a value of 0.673156, indicating a bearish trend.