We assign a technical rating of 0 out of 10 to HODL. HODL's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of HODL is bad and it also does not present a 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.
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23.66
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 28.54 to 28.74. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @34.77 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 HODL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HODL is down. |
| ChartMill Relative Strength | 16.64 | NEGATIVE | HODL has a low relative strength, it was outperformed by 83.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HODL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HODL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HODL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 26.43 | OVERSOLD | The low RSI value suggests HODL may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.46 | NEGATIVE | The MACD value suggests HODL has a negative trend. |
| Stochastics (14,3) | 4.82 | OVERSOLD | The low Stochastics value suggests HODL may be oversold. |
| Average True Range in percent/ATR (20) | 5.06 | HIGH VOLATILITY | The high ATR as a percentage value for HODL suggests high volalility. |
| Average Directional Index/ADX (14) | 31.46 | POSITIVE | The high ADX value value for HODL suggests a strong trend. |
23.9
-0.5 (-2.05%)
VANECK BITCOIN ETF / HODL FAQ
What is the ChartMill technical rating of VANECK BITCOIN ETF (HODL) stock?
ChartMill assigns a technical rating of 0 / 10 to HODL.
What is the trend direction for HODL stock?
The current trend direction for VANECK BITCOIN ETF (HODL) is Bearish.
Can you provide the RSI signal for VANECK BITCOIN ETF?
VANECK BITCOIN ETF (HODL) has an RSI value of 26.4335. This indicates that the stock is currently oversold.
What is the MACD signal for HODL stock?
The MACD indicator for VANECK BITCOIN ETF (HODL) has a value of -0.459359, indicating a bearish trend.
Can you provide the buy/sell signal for VANECK BITCOIN ETF?
The buy/sell signal for VANECK BITCOIN ETF (HODL) is sell as both the short term and long term trends are negative.