BTCS INC (BTCS)
US05581M4042 - Common Stock
We assign a technical rating of 7 out of 10 to BTCS. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month BTCS has a been trading in the 2.35 - 4.04 range, which is quite wide. It is currently trading near the lows of this range.
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 short term is neutral, but the long term trend is still positive. Not much to worry about for now.
BTCS is one of the better performing stocks in the Software industry, it outperforms 87% of 280 stocks in the same industry.
BTCS has an average volume of 3952410 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that BTCS is one of the better performing stocks in the market, outperforming 95% of all stocks. However, this relatively good performance is mostly due to a recent big move.
BTCS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BTCS is lagging the market.
Although BTCS has an excellent technical rating, it does not offer a high 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
1.39
2.83
3 important support areas can be observed.
- Support @2.53 from a horizontal line in the weekly time frame.
- Support @2.46 from a horizontal line in the daily time frame.
- A support zone ranging from 1.40 to 1.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 2.78 to 2.80. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS95.81
Mansfield4.59
10 Day High2.95
10 Day Low2.35
20 Day High4.04
20 Day Low2.35
52 Week High5.41
52 Week Low0.95
Performance
1 Week9.06%
2 Weeks6.54%
1 Month-23.48%
3 Month132.77%
6 Month85.91%
12 Month48.92%
2 Year66.87%
3 Year-47.54%
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)-0.04
RSI(14)48.08
LBB2.15
UBB3.28
BTCS INC
NASDAQ:BTCS (1/6/2025, 4:30:02 PM)
After market: 2.83 +0.06 (+2.17%)2.77
+0.03 (+1.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg1.09%
1 Week9.06%
2 Weeks6.54%
1 Month-23.48%
3 Month132.77%
6 Month85.91%
12 Month48.92%
2 Year66.87%
3 Year-47.54%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.3
ATR(20)%11.82%
ATR Inc-49.85%
Range Today0.15
ADR(20)0.31
ADR(20)%11.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.81
Mansfield4.59
10 Day High2.95
10 Day Low2.35
20 Day High4.04
20 Day Low2.35
52 Week High5.41
52 Week Low0.95
CS1 End2.53
CR1 Start2.75
Volume & EV
DER(3)1.48%
DER(5)-0.86%
Volume327.31K
Volume Incr-52.25%
Vol(5)342.23K
Vol(50)3.95M