NASDAQ:IBIT - Nasdaq - US46438F1012 - ETF - Currency: USD
Taking everything into account, IBIT scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, IBIT has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although IBIT 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.
39.04
4 important support areas can be observed.
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 IBIT is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IBIT is up. |
ChartMill Relative Strength | 94.39 | POSITIVE | IBIT has a high relative strength, it outperformed 94.39% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IBIT is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IBIT is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IBIT is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 62.21 | NEUTRAL | The RSI value for IBIT is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests IBIT has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 76.71 | NEUTRAL | The Stochastics value for IBIT is a neutral value. |
Average True Range in percent/ATR (20) | 2.78 | MEDIUM VOLATILITY | The ATR as a percentage value for IBIT suggests some volalility. |
Average Directional Index/ADX (14) | 30.29 | POSITIVE | The high ADX value value for IBIT suggests a strong trend. |
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 |
---|---|---|---|
63.71 | 60.76 | 2.95 (4.63%) | 21.60% |
An entry @63.71. This is a Buy Stop order right above the 10 day high. | An exit @60.76. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.95 points, which is 4.63%. | For a 1.00% total portfolio risk, you can invest 21.60% of your capital in this trade. |
60.79
-1.71 (-2.74%)