T-REX 2X LONG BITCOIN DAILY (BTCL) Stock Technical Analysis
NYSEARCA:BTCL - NYSE Arca - US98148L7534 - ETF - Currency: USD
Taking everything into account, BTCL scores 3 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. BTCL was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, BTCL is a bad performer in the overall market: 100% of all stocks are doing better.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month BTCL has a been trading in the 28.34 - 43.51 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of BTCL 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.
More info and screens
28.33
43.07
We found 2 important support areas.
- Support @29.91 from a trend line in the daily time frame.
- Support @28.62 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 42.63 to 42.64. 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
CRS0
Mansfield-30
10 Day High43.51
10 Day Low30.43
20 Day High43.51
20 Day Low28.34
52 Week HighN/A
52 Week LowN/A
Performance
1 Week22.19%
2 Weeks27.49%
1 Month12.42%
3 Month-29.27%
6 Month49.96%
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)1.39
RSI(14)60.99
LBB27.41
UBB43.54
42.62
-0.01 (-0.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.02%
1 Week22.19%
2 Weeks27.49%
1 Month12.42%
3 Month-29.27%
6 Month49.96%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.9
ATR(20)%6.66%
ATR Inc-41.97%
Range Today0.92
ADR(20)2.16
ADR(20)%5.06%
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 High43.51
10 Day Low30.43
20 Day High43.51
20 Day Low28.34
52 Week HighN/A
52 Week LowN/A
CS1 End29.91
CR1 Start42.63
Volume & EV
DER(3)0.17%
DER(5)1.43%
Volume53.30K
Volume Incr23.74%
Vol(5)70.74K
Vol(50)119.46K