BTCS INC (BTCS) Stock Technical Analysis
NASDAQ:BTCS - Nasdaq - US05581M4042 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to BTCS. In the last year, BTCS was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month BTCS has a been trading in the 2.53 - 3.81 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Looking at the yearly performance, BTCS did better than 86% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
BTCS is part of the Software industry. There are 284 other stocks in this industry, BTCS did better than 69% of them.
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.
Considerably lower volume is observed in the last couple of days.
BTCS has an average technical rating and also the quality of the setup is only medium at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
2.34
3.17
We found 2 important support areas.
- Support @2.53 from a horizontal line in the weekly time frame.
- Support @2.36 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 2.75 to 2.76. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 2.82 to 2.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.90 to 2.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.14 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.69
Mansfield3.17
10 Day High3.04
10 Day Low2.53
20 Day High3.81
20 Day Low2.53
52 Week High5.41
52 Week Low0.95
Performance
1 Week-4.98%
2 Weeks-9.49%
1 Month-21.01%
3 Month-24.79%
6 Month105.39%
12 Month67.92%
2 Year81.62%
3 Year-37.18%
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)-0.03
RSI(14)43.69
LBB2.56
UBB3.1
2.67
-0.03 (-1.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-1.11%
1 Week-4.98%
2 Weeks-9.49%
1 Month-21.01%
3 Month-24.79%
6 Month105.39%
12 Month67.92%
2 Year81.62%
3 Year-37.18%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%8.94%
ATR Inc-9.13%
Range Today0.24
ADR(20)0.22
ADR(20)%8.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.69
Mansfield3.17
10 Day High3.04
10 Day Low2.53
20 Day High3.81
20 Day Low2.53
52 Week High5.41
52 Week Low0.95
CS1 End2.53
CR1 Start2.75
Volume & EV
DER(3)-3.97%
DER(5)-0.64%
Volume394.40K
Volume Incr-74.26%
Vol(5)253.30K
Vol(50)633.64K