WISDOMTREE BITCOIN FUND (BTCW) Stock Technical Analysis
NYSEARCA:BTCW - NYSE Arca - US97720F1012 - ETF - Currency: USD
We assign a technical rating of 5 out of 10 to BTCW. Although BTCW has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
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.
BTCW is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so BTCW slightly outperforms the market at the moment.
In the last month BTCW has a been trading in the 80.15 - 101.64 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, BTCW did better than 91% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
BTCW has an average technical rating and it also 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
82.48
114.55
When analyzing the support we can see 2 important areas.
- A support zone ranging from 88.62 to 90.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @83.31 from a trend line in the daily time frame.
We found 1 important resistance area.
- Resistance @113.42 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.16
Mansfield2.67
10 Day High101.64
10 Day Low86.14
20 Day High101.64
20 Day Low80.15
52 Week High115.02
52 Week Low52.61
Performance
1 Week12.44%
2 Weeks20.2%
1 Month9.74%
3 Month-9.07%
6 Month42.59%
12 Month49.44%
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)1.78
RSI(14)64.76
LBB78.67
UBB103.01
101.17
+1.93 (+1.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.94%
1 Week12.44%
2 Weeks20.2%
1 Month9.74%
3 Month-9.07%
6 Month42.59%
12 Month49.44%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.82
ATR(20)%3.7%
ATR Inc-57.24%
Range Today1.71
ADR(20)2.87
ADR(20)%2.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.16
Mansfield2.67
10 Day High101.64
10 Day Low86.14
20 Day High101.64
20 Day Low80.15
52 Week High115.02
52 Week Low52.61
CS1 End90.28
CR1 Start113.42
Volume & EV
DER(3)4.48%
DER(5)4.08%
Volume65.20K
Volume Incr-12.16%
Vol(5)132.56K
Vol(50)211.63K