ISHARES BITCOIN ETP (IB1T.DE) Stock Technical Analysis
FRA:IB1T - Deutsche Boerse Ag - XS2940466316 - ETF - Currency: EUR
Taking everything into account, IB1T scores 4 out of 10 in our technical rating. In the last year, IB1T was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
IB1T has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 9.20, a Stop Loss order could be placed below this zone.
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9.04
When analyzing the support we notice one important area.
- A support zone ranging from 9.13 to 9.20. 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 IB1T.DE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IB1T.DE is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | IB1T.DE has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of IB1T.DE is below the rising SMA(20). |
| Relative Strength Index/RSI (14) | 53.17 | NEUTRAL | The RSI value for IB1T.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests IB1T.DE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.35 | OVERSOLD | The low Stochastics value suggests IB1T.DE may be oversold. |
| Average True Range in percent/ATR (20) | 2.39 | MEDIUM VOLATILITY | The ATR as a percentage value for IB1T.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 20.84 | NEUTRAL | The ADX value for IB1T.DE suggests a possible start of a new trend. |
FRA:IB1T (6/6/2025, 7:00:00 PM)
9.207
+0.06 (+0.61%)