Blackrock Future Tech ETF (BTEK) Stock Technical Analysis
NYSEARCA:BTEK - NYSE Arca - US09290C3016 - ETF - Currency: USD
Overall BTEK gets a technical rating of 0 out of 10. BTEK's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, BTEK is a bad performer in the overall market: 65% of all stocks are doing better.
BTEK is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Warning: BTEK has an average volume of 6318 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
BTEK 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.
BTEK 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
18.32
26.08
5 important support areas can be observed.
- A support zone ranging from 23.00 to 23.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @22.54 from a horizontal line in the daily time frame.
- Support @20.76 from a trend line in the weekly time frame.
- Support @19.66 from a trend line in the weekly time frame.
- Support @18.51 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @24.42 from a trend line in the daily time frame.
- A resistance zone ranging from 25.05 to 25.82. 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
CRS35.32
Mansfield-1.02
10 Day High25.81
10 Day Low22.15
20 Day High28.37
20 Day Low22.15
52 Week High28.67
52 Week Low18.92
Performance
1 Week0.74%
2 Weeks-8.38%
1 Month-17.47%
3 Month-9.77%
6 Month-7.72%
12 Month13.57%
2 Year14.47%
3 Year-37.61%
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)-0.21
RSI(14)31.98
LBB22.06
UBB26.39
NYSEARCA:BTEK (8/12/2024, 8:10:46 PM)
23.18
+0 (+0.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.01%
1 Week0.74%
2 Weeks-8.38%
1 Month-17.47%
3 Month-9.77%
6 Month-7.72%
12 Month13.57%
2 Year14.47%
3 Year-37.61%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.73
ATR(20)%2.91%
ATR Inc-91.28%
Range Today0
ADR(20)0.39
ADR(20)%1.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.32
Mansfield-1.02
10 Day High25.81
10 Day Low22.15
20 Day High28.37
20 Day Low22.15
52 Week High28.67
52 Week Low18.92
CS1 End23.17
CR1 Start24.42
Volume & EV
DER(3)-18.41%
DER(5)-7.17%
Volume100
Volume Incr378.53%
Vol(5)13.04K
Vol(50)6.32K