WISDOMTREE BITCOIN FUND (BTCW) Stock Technical Analysis
NYSEARCA:BTCW - NYSE Arca - US97720F1012 - ETF - Currency: USD
Overall BTCW gets a technical rating of 1 out of 10. BTCW has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
Looking at the yearly performance, BTCW did better than 75% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
BTCW is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month BTCW has a been trading in the 85.85 - 106.42 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
BTCW has a poor technical rating and the quality of the setup is also only medium 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
87.35
114.55
When analyzing the support we can see 2 important areas.
- Support @90.75 from a trend line in the daily time frame.
- A support zone ranging from 88.23 to 89.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 97.30 to 99.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @104.54 from a horizontal line in the daily time frame.
- 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
CRS75.8
Mansfield1.34
10 Day High101.53
10 Day Low85.85
20 Day High106.42
20 Day Low85.85
52 Week High115.02
52 Week Low52.61
Performance
1 Week3.15%
2 Weeks-8.29%
1 Month-10.48%
3 Month-14.66%
6 Month62.49%
12 Month24.89%
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)-0.26
RSI(14)40.06
LBB85.02
UBB105.27
92.13
-2.21 (-2.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.34%
1 Week3.15%
2 Weeks-8.29%
1 Month-10.48%
3 Month-14.66%
6 Month62.49%
12 Month24.89%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)5.03
ATR(20)%4.82%
ATR Inc-9.46%
Range Today4.86
ADR(20)3.86
ADR(20)%4.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.8
Mansfield1.34
10 Day High101.53
10 Day Low85.85
20 Day High106.42
20 Day Low85.85
52 Week High115.02
52 Week Low52.61
CS1 End90.75
CR1 Start97.3
Volume & EV
DER(3)1.14%
DER(5)0.54%
Volume184.20K
Volume Incr13.5%
Vol(5)329.36K
Vol(50)188.17K