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BITCOIN DEPOT INC-CW23 (BTMWW) Stock Technical Analysis

NASDAQ:BTMWW - Nasdaq -

0.07  -0.01 (-12.5%)

Technical Rating and Analysis

6

Taking everything into account, BTMWW scores 6 out of 10 in our technical rating. In the last year, BTMWW was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.

The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the yearly performance of all stocks, we notice that BTMWW is one of the better performing stocks in the market, outperforming 78% of all stocks. However, this relatively good performance is mostly due to a recent big move.
BTMWW is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BTMWW is lagging the market.
In the last month BTMWW has a been trading in the 0.06 - 0.10 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
BITCOIN DEPOT INC-CW23 / BTMWW Weekly stock chart
BITCOIN DEPOT INC-CW23 / BTMWW Daily stock chart
Setup Rating and Analysis

7

Although the technical rating is only medium, BTMWW does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.09. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.08, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

0.06

0.10

We found 1 important support area.

  • A support zone ranging from 0.06 to 0.06. This zone is formed by a combination of multiple trend lines in the daily time frame.

When analyzing the resistance we notice 4 important areas.

  • A resistance zone ranging from 0.07 to 0.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 0.08 to 0.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 0.09 to 0.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @0.10 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.99
Mansfield0.22
10 Day High0.1
10 Day Low0.07
20 Day High0.1
20 Day Low0.06
52 Week High0.15
52 Week Low0.03
Performance
1 Week14.58%
2 Weeks16.2%
1 Month0.36%
3 Month64.67%
6 Month82.93%
12 Month-29.79%
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
RSI(14)53.65
LBB0.06
UBB0.09
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
0.090.070.02 (19.28%)5.19%
An entry @0.09. This is a Buy Stop order right above the 10 day moving average.An exit @0.07. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 0.02 points, which is 19.28%.When investing 5.19% of your capital in this trade, your total portfolio risk will be 1.00%.

  • The distance between exit and entry is rather small compared to the average daily movement of BTMWW. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BITCOIN DEPOT INC-CW23 / BTMWW Daily stock chart

BITCOIN DEPOT INC-CW23

NASDAQ:BTMWW (1/22/2025, 2:10:43 PM)

0.07

-0.01 (-12.5%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-12.5%
1 Week14.58%
2 Weeks16.2%
1 Month0.36%
3 Month64.67%
6 Month82.93%
12 Month-29.79%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%16.01%
ATR Inc126.36%
Range Today0.02
ADR(20)0.01
ADR(20)%17.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.99
Mansfield0.22
10 Day High0.1
10 Day Low0.07
20 Day High0.1
20 Day Low0.06
52 Week High0.15
52 Week Low0.03
CS1 End0.08
CR1 Start0.09
Volume & EV
DER(3)-17.34%
DER(5)-9.39%
Volume164.46K
Volume Incr157.19%
Vol(5)124.70K
Vol(50)141.92K