BIT DIGITAL INC (BTBT)

KYG1144A1058 - Common Stock

3.33  +0.15 (+4.72%)

After market: 3.37 +0.04 (+1.2%)

Technical Rating and Analysis

1

Taking everything into account, BTBT scores 1 out of 10 in our technical rating. BTBT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

81% of all other stocks performed better in the past year than BTBT.
BTBT is one of the lesser performing stocks in the Software industry. 73% of 280 stocks in the same industry do better.
In the last month BTBT has a been trading in the 3.15 - 5.20 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.
BTBT has an average volume of 19280700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
BTBT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BTBT is lagging the market.
Weekly and Daily overview Charts
BTBT Weekly chart
BTBT Daily chart
Setup Rating and Analysis

3

The technical rating of BTBT is bad and it also does not present a 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.

Support and Resistance Analysis

1.99

4.40

7 important support areas can be observed.

  • Support @3.32 from a horizontal line in the weekly time frame.
  • Support @3.17 from a horizontal line in the daily time frame.
  • Support @2.98 from a trend line in the daily time frame.
  • A support zone ranging from 2.86 to 2.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @2.59 from a trend line in the weekly time frame.
  • Support @2.43 from a horizontal line in the daily time frame.
  • Support @2.01 from a horizontal line in the weekly time frame.

We found 1 important resistance area.

  • Resistance @4.36 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.66
Mansfield-0.28
10 Day High4.74
10 Day Low3.15
20 Day High5.2
20 Day Low3.15
52 Week High5.74
52 Week Low1.76
Performance
1 Week-21.09%
2 Weeks-22.74%
1 Month-21.65%
3 Month-8.52%
6 Month4.72%
12 Month-21.28%
2 Year455%
3 Year-45.23%
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)-0.15
RSI(14)39.38
LBB2.99
UBB5.08
BTBT Daily chart

BIT DIGITAL INC

NASDAQ:BTBT (12/24/2024, 7:59:17 PM)

After market: 3.37 +0.04 (+1.2%)

3.33

+0.15 (+4.72%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg4.72%
1 Week-21.09%
2 Weeks-22.74%
1 Month-21.65%
3 Month-8.52%
6 Month4.72%
12 Month-21.28%
2 Year455%
3 Year-45.23%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.44
ATR(20)%14.08%
ATR Inc-53.61%
Range Today0.19
ADR(20)0.44
ADR(20)%13.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.66
Mansfield-0.28
10 Day High4.74
10 Day Low3.15
20 Day High5.2
20 Day Low3.15
52 Week High5.74
52 Week Low1.76
CS1 End3.32
CR1 Start4.36
Volume & EV
DER(3)-2.21%
DER(5)-2.83%
Volume8.11M
Volume Incr-24.2%
Vol(5)16.54M
Vol(50)19.28M