FIDELITY WISE ORIGIN BITCOIN (FBTC) Stock Technical Analysis
NYSEARCA:FBTC - US3159481098 - ETF
97.14 USD
-0.95 (-0.97%)
97.3099 USD
+0.17 (+0.17%)
We assign a technical rating of 6 out of 10 to FBTC. In the last year, FBTC was one of the better performers, but we do observe some doubts in the very recent evolution.
FBTC 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.
Looking at the yearly performance, FBTC did better than 90% of all other stocks.
FBTC 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 FBTC is lagging the market slightly.
FBTC has an average volume of 3520760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Although the technical rating is only medium, 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 96.98, a Stop Loss order could be placed below this zone.
More info and screens
91.03
108.34
2 important support areas can be observed.
- A support zone ranging from 94.39 to 96.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @91.95 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 103.16 to 104.72. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for FBTC is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FBTC is down. |
| ChartMill Relative Strength | 90.72 | POSITIVE | FBTC has a high relative strength, it outperformed 90.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FBTC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of FBTC is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FBTC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.47 | NEUTRAL | The RSI value for FBTC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests FBTC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 40.28 | NEUTRAL | The Stochastics value for FBTC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.67 | MEDIUM VOLATILITY | The ATR as a percentage value for FBTC suggests some volalility. |
| Average Directional Index/ADX (14) | 8.63 | 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 98.89 | 94.38 | 4.51 (4.56%) | 21.93% |
| An entry @98.89. This is a Buy Stop order right above the 10 day high. | An exit @94.38. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 4.51 points, which is 4.56%. | When investing 21.93% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSEARCA:FBTC (9/9/2025, 8:04:01 PM)
After market: 97.3099 +0.17 (+0.17%)97.14
-0.95 (-0.97%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.97%
1 Week0.49%
2 Weeks0.53%
1 Month-6.49%
3 Month5.83%
6 Month31.39%
12 Month85.7%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.55
ATR(20)%2.67%
ATR Inc-39.38%
Range Today2.03
ADR(20)2.03
ADR(20)%2.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.72
Mansfield0.64
10 Day High98.88
10 Day Low94.17
20 Day High107.34
20 Day Low94.17
52 Week High107.34
52 Week Low50.25
CS1 End96.98
CR1 Start103.16
Volume & EV
DER(3)-1.48%
DER(5)-0.74%
Volume3.24M
Volume Incr-26.64%
Vol(5)2.73M
Vol(50)3.52M