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MELANION BTC EQUIT UCITS ETF (BTC.MI) Stock Technical Analysis

BIT:BTC - Euronext Milan - FR0014002IH8 - ETF - Currency: EUR

13.092  -4.81 (-26.86%)

Technical Rating and Analysis

3

Taking everything into account, BTC scores 3 out of 10 in our technical rating. BTC performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.

When comparing the yearly performance of all stocks, BTC is a bad performer in the overall market: 100% of all stocks are doing better.
In the last month BTC has a been trading in the 16.10 - 22.10 range, which is quite wide. It is currently trading near the lows of this range.
Warning: BTC has an average volume of 3149 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Weekly and Daily overview Charts
MELANION BTC EQUIT UCITS ETF / BTC Weekly stock chart
MELANION BTC EQUIT UCITS ETF / BTC Daily stock chart
Setup Rating and Analysis

2

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

Support and Resistance Analysis

12.96

18.53

3 important resistance areas can be observed.

  • A resistance zone ranging from 16.68 to 17.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 17.66 to 17.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 18.12 to 18.35. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS0
Mansfield-30
10 Day High20.9
10 Day Low16.1
20 Day High22.1
20 Day Low16.1
52 Week HighN/A
52 Week LowN/A
Performance
1 Week0.89%
2 Weeks-1.33%
1 Month-11.89%
3 Month55.87%
6 Month160.06%
12 MonthN/A
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)-0.45
RSI(14)47.88
LBB16.12
UBB21.27
MELANION BTC EQUIT UCITS ETF / BTC Daily stock chart

MELANION BTC EQUIT UCITS ETF

BIT:BTC (3/5/2025, 7:00:00 PM)

13.092

-4.81 (-26.86%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-26.86%
1 Week0.89%
2 Weeks-1.33%
1 Month-11.89%
3 Month55.87%
6 Month160.06%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.42
ATR(20)%7.99%
ATR Inc-47.48%
Range Today0.2
ADR(20)1.1
ADR(20)%8.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High20.9
10 Day Low16.1
20 Day High22.1
20 Day Low16.1
52 Week HighN/A
52 Week LowN/A
CS1 End17.66
CR1 Start17.75
Volume & EV
DER(3)0%
DER(5)0%
Volume230
Volume Incr-30.43%
Vol(5)2.62K
Vol(50)3.15K