ROUNDHILL BITCOIN CC STR ETF (YBTC) Technical Analysis
NYSEARCA:YBTC • US77926X5023
Current stock price
YBTC Technical Rating and Analysis
Overall YBTC gets a technical rating of 1 out of 10. YBTC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 92% of all other stocks performed better in the past year than YBTC.
- YBTC is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so YBTC is lagging the market.
- In the last month YBTC has a been trading in the 20.26 - 23.14 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
YBTC Weekly and Daily overview Charts
YBTC Setup Rating and Analysis
Although the technical rating is bad, YBTC does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
YBTC Support and Resistance Analysis
19.60
When analyzing the support we notice one important area.
- Support @19.80 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 21.97 to 22.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 23.14 to 23.45. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @41.34 from a trend line in the weekly time frame.
YBTC Technical Indicator Signal Analysis
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 YBTC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for YBTC is down. |
| ChartMill Relative Strength | 8.88 | NEGATIVE | YBTC has a low relative strength, it was outperformed by 91.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of YBTC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of YBTC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of YBTC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.26 | NEUTRAL | The RSI value for YBTC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests YBTC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 30.71 | NEUTRAL | The Stochastics value for YBTC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.73 | MEDIUM VOLATILITY | The ATR as a percentage value for YBTC suggests some volalility. |
| Average Directional Index/ADX (14) | 26.79 | POSITIVE | The high ADX value value for YBTC suggests a strong trend. |
YBTC Chart- and CandleStick Pattern Analysis
YBTC Technicals: Chart, Performance Metrics, Trend & Indicators
21.77
+0.34 (+1.59%)
ROUNDHILL BITCOIN CC STR ETF / YBTC TA FAQ
What is the technical rating for YBTC stock?
ChartMill assigns a technical rating of 1 / 10 to YBTC.
What is the current trend direction of ROUNDHILL BITCOIN CC STR ETF (YBTC) stock?
The current trend direction for ROUNDHILL BITCOIN CC STR ETF (YBTC) is Bearish.
Can you provide the RSI signal for ROUNDHILL BITCOIN CC STR ETF?
ROUNDHILL BITCOIN CC STR ETF (YBTC) has an RSI value of 46.2617. This indicates that the stock is currently neutral.
What is the short term momentum for YBTC stock?
The short term momentum for ROUNDHILL BITCOIN CC STR ETF (YBTC) is negative.
What is the support and resistance level for YBTC stock?
ROUNDHILL BITCOIN CC STR ETF (YBTC) has a support level at 19.8 and a resistance level at 21.97. Check the full technical report for our detailed analysis of YBTC support and resistance levels.