BIT DIGITAL INC (BTBT) Stock Technical Analysis
NASDAQ:BTBT - Nasdaq - KYG1144A1058 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to BTBT. 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.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, BTBT is a bad performer in the overall market: 79% of all stocks are doing better.
BTBT is currently trading near the lower end of its 52 week range, which is not a good sign. BTBT is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month BTBT has a been trading in the 1.69 - 2.20 range, which is quite wide. It is currently trading near the high of this range.
BTBT has an average volume of 15000400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
BTBT is an average performer in the Software industry, it outperforms 40% of 281 stocks in the same industry.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
BTBT has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
1.73
2.14
When analyzing the support we notice one important area.
- A support zone ranging from 1.75 to 1.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 2.10 to 2.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.39
Mansfield-3.34
10 Day High2.15
10 Day Low1.69
20 Day High2.2
20 Day Low1.69
52 Week High5.74
52 Week Low1.69
Performance
1 Week9.73%
2 Weeks9.73%
1 Month0.5%
3 Month-35.56%
6 Month-42.98%
12 Month-7.73%
2 Year2.53%
3 Year0%
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)0.06
RSI(14)49.06
LBB1.63
UBB2.14
2.03
-0.08 (-3.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-3.79%
1 Week9.73%
2 Weeks9.73%
1 Month0.5%
3 Month-35.56%
6 Month-42.98%
12 Month-7.73%
2 Year2.53%
3 Year0%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%8.28%
ATR Inc-34.45%
Range Today0.09
ADR(20)0.15
ADR(20)%7.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.39
Mansfield-3.34
10 Day High2.15
10 Day Low1.69
20 Day High2.2
20 Day Low1.69
52 Week High5.74
52 Week Low1.69
CS1 End1.77
CR1 Start2.1
Volume & EV
DER(3)1.46%
DER(5)1.13%
Volume7.19M
Volume Incr-10.78%
Vol(5)11.58M
Vol(50)15.00M