BITWISE BITCOIN ETF (BITB) Stock Technical Analysis
NYSEARCA:BITB - NYSE Arca - US09174C1045 - ETF - Currency: USD
Taking everything into account, BITB scores 1 out of 10 in our technical rating. BITB has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
BITB has an average volume of 1745500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
Looking at the yearly performance, BITB did better than 76% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
BITB is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month BITB has a been trading in the 44.12 - 54.61 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BITB has a poor technical rating and the quality of the setup is also only medium 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
44.90
58.72
We found 1 important support area.
- A support zone ranging from 45.35 to 46.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- Resistance @51.47 from a trend line in the daily time frame.
- Resistance @53.66 from a horizontal line in the daily time frame.
- Resistance @58.14 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
CRS76.27
Mansfield1.35
10 Day High52.14
10 Day Low44.12
20 Day High54.61
20 Day Low44.12
52 Week High59.07
52 Week Low27.02
Performance
1 Week3.25%
2 Weeks-8.33%
1 Month-10.36%
3 Month-14.46%
6 Month62.42%
12 Month25.05%
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)-0.13
RSI(14)40.1
LBB43.68
UBB54.06
47.33
-1.14 (-2.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.35%
1 Week3.25%
2 Weeks-8.33%
1 Month-10.36%
3 Month-14.46%
6 Month62.42%
12 Month25.05%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.61
ATR(20)%4.86%
ATR Inc-8.88%
Range Today2.49
ADR(20)2.01
ADR(20)%4.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.27
Mansfield1.35
10 Day High52.14
10 Day Low44.12
20 Day High54.61
20 Day Low44.12
52 Week High59.07
52 Week Low27.02
CS1 End46.5
CR1 Start51.47
Volume & EV
DER(3)-0.51%
DER(5)-1.7%
Volume2.02M
Volume Incr-0.99%
Vol(5)1.73M
Vol(50)1.75M