BITWISE BITCOIN ETF (BITB) Stock Technical Analysis
NYSEARCA:BITB - NYSE Arca - US09174C1045 - ETF - Currency: USD
Overall BITB gets a technical rating of 5 out of 10. Although BITB has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
BITB is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so BITB slightly outperforms the market at the moment.
In the last month BITB has a been trading in the 41.17 - 52.22 range, which is quite wide. It is currently trading near the high of this range.
BITB has an average volume of 1464080 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that BITB is one of the better performing stocks in the market, outperforming 91% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
BITB has an average technical rating and it also does not offer a high 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.
More info and screens
42.36
58.73
We found 2 important support areas.
- A support zone ranging from 45.57 to 46.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @42.79 from a trend line in the daily time frame.
We found 1 important resistance area.
- Resistance @58.15 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.18
Mansfield2.67
10 Day High52.22
10 Day Low44.24
20 Day High52.22
20 Day Low41.17
52 Week High59.07
52 Week Low27.02
Performance
1 Week12.33%
2 Weeks19.93%
1 Month9.6%
3 Month-9.02%
6 Month42.78%
12 Month49.44%
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)0.91
RSI(14)64.84
LBB40.46
UBB52.85
51.93
+0.97 (+1.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.9%
1 Week12.33%
2 Weeks19.93%
1 Month9.6%
3 Month-9.02%
6 Month42.78%
12 Month49.44%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.99
ATR(20)%3.76%
ATR Inc-57.35%
Range Today1.04
ADR(20)1.54
ADR(20)%2.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.18
Mansfield2.67
10 Day High52.22
10 Day Low44.24
20 Day High52.22
20 Day Low41.17
52 Week High59.07
52 Week Low27.02
CS1 End46.38
CR1 Start58.15
Volume & EV
DER(3)0.03%
DER(5)0.31%
Volume1.50M
Volume Incr33.53%
Vol(5)1.59M
Vol(50)1.46M