BTC DIGITAL LTD (METX) Stock Technical Analysis
NASDAQ:METX - Nasdaq - KYG6055H1552 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to METX. METX'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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, METX is a bad performer in the overall market: 95% of all stocks are doing better.
METX is one of the lesser performing stocks in the Diversified Consumer Services industry. 70% of 73 stocks in the same industry do better.
METX is currently trading near the lower end of its 52 week range, which is not a good sign. METX is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month METX has a been trading in the 1.75 - 2.83 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days.
METX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for METX in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.77
3.57
We found 1 important support area.
- A support zone ranging from 1.79 to 1.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 2.04 to 2.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.96 from a trend line in the weekly time frame.
- Resistance @3.07 from a trend line in the daily time frame.
- Resistance @3.38 from a trend line in the daily time frame.
- Resistance @3.53 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.33
Mansfield-5.47
10 Day High2.12
10 Day Low1.75
20 Day High2.83
20 Day Low1.75
52 Week High9.93
52 Week Low1.75
Performance
1 Week9.73%
2 Weeks-0.98%
1 Month-6.88%
3 Month-44.44%
6 Month-53.55%
12 Month-71.81%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.05
RSI(14)43.36
LBB1.68
UBB2.23
NASDAQ:METX (9/28/2023, 8:00:13 PM)
2.03
+0.17 (+9.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDiversified Consumer Services
Performance
% Chg9.14%
1 Week9.73%
2 Weeks-0.98%
1 Month-6.88%
3 Month-44.44%
6 Month-53.55%
12 Month-71.81%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%13.3%
ATR Inc-33.5%
Range Today0.18
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.33
Mansfield-5.47
10 Day High2.12
10 Day Low1.75
20 Day High2.83
20 Day Low1.75
52 Week High9.93
52 Week Low1.75
CS1 End1.8
CR1 Start2.04
Volume & EV
DER(3)-4.02%
DER(5)5.77%
Volume11.70K
Volume Incr-86.78%
Vol(5)10.34K
Vol(50)175.57K