BITWISE CRYPTO IND INNOV ETF (BITQ) Stock Technical Analysis
NYSEARCA:BITQ - NYSE Arca - US3015056241 - ETF - Currency: USD
Taking everything into account, BITQ scores 4 out of 10 in our technical rating. Although BITQ is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month BITQ has a been trading in the 16.69 - 20.56 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
Looking at the yearly performance, BITQ did better than 85% of all other stocks. On top of that, BITQ also shows a nice and consistent pattern of rising prices. However, this overall performance is mostly based on the strong move around 4 months ago.
BITQ is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BITQ is lagging the market.
Considerably lower volume is observed in the last couple of days.
BITQ has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
10.54
19.85
5 important support areas can be observed.
- A support zone ranging from 16.70 to 16.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @13.27 from a trend line in the weekly time frame.
- Support @12.64 from a trend line in the weekly time frame.
- Support @11.23 from a trend line in the daily time frame.
- Support @10.65 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 17.86 to 18.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @19.65 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
CRS85.25
Mansfield0.63
10 Day High18.7
10 Day Low16.69
20 Day High20.56
20 Day Low16.69
52 Week High23.09
52 Week Low9.9
Performance
1 Week-8.84%
2 Weeks-6.75%
1 Month-15.31%
3 Month-19.43%
6 Month24.61%
12 Month57.64%
2 Year212.92%
3 Year0.66%
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)-0.07
RSI(14)36.25
LBB17.13
UBB18.71
NYSEARCA:BITQ (2/21/2025, 8:04:01 PM)
16.71
-1.11 (-6.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-6.23%
1 Week-8.84%
2 Weeks-6.75%
1 Month-15.31%
3 Month-19.43%
6 Month24.61%
12 Month57.64%
2 Year212.92%
3 Year0.66%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.68
ATR(20)%4.88%
ATR Inc61.16%
Range Today1.56
ADR(20)0.74
ADR(20)%4.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.25
Mansfield0.63
10 Day High18.7
10 Day Low16.69
20 Day High20.56
20 Day Low16.69
52 Week High23.09
52 Week Low9.9
CS1 End16.7
CR1 Start17.86
Volume & EV
DER(3)-1.92%
DER(5)2.54%
Volume96.30K
Volume Incr-55.3%
Vol(5)68.68K
Vol(50)180.14K