Btcs Inc Stock Technical Analysis

BTCS Stock  USD 1.76  0.18  11.39%   
As of the 29th of March, BTCS owns the market risk adjusted performance of 0.1601, and Coefficient Of Variation of 1581.35. BTCS Inc technical analysis gives you the methodology to make use of past data patterns to determine a pattern that approximates the direction of the firm's future prices. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We were able to break down nineteen technical drivers for BTCS, which can be compared to its peers in the sector. Please confirm BTCS Inc coefficient of variation, as well as the relationship between the treynor ratio and semi variance to decide if BTCS Inc is priced more or less accurately, providing market reflects its prevailing price of 1.76 per share. Please also double-check BTCS total risk alpha, which is currently at (1.56) to validate the company can sustain itself in the future.

BTCS Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as BTCS, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to BTCS
  
BTCS's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

BTCS Analyst Consensus

Target PriceAdvice# of Analysts
3.0Buy1Odds
BTCS Inc current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most BTCS analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand BTCS stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of BTCS Inc, talking to its executives and customers, or listening to BTCS conference calls.
BTCS Analyst Advice Details
BTCS technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of BTCS technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of BTCS trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

BTCS Inc Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of BTCS Inc volatility. High ATR values indicate high volatility, and low values indicate low volatility.

BTCS Inc Trend Analysis

Use this graph to draw trend lines for BTCS Inc. You can use it to identify possible trend reversals for BTCS as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual BTCS price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

BTCS Best Fit Change Line

The following chart estimates an ordinary least squares regression model for BTCS Inc applied against its price change over selected period. The best fit line has a slop of   0.0078  , which may suggest that BTCS Inc market price will keep on failing further. It has 122 observation points and a regression sum of squares at 2.3, which is the sum of squared deviations for the predicted BTCS price change compared to its average price change.

About BTCS Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of BTCS Inc on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of BTCS Inc based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on BTCS Inc price pattern first instead of the macroeconomic environment surrounding BTCS Inc. By analyzing BTCS's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of BTCS's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to BTCS specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2022 2023 2024 (projected)
Dividend Yield0.07860.09040.0859
Price To Sales Ratio4.7417.1516.29

BTCS March 29, 2024 Technical Indicators

Most technical analysis of BTCS help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for BTCS from various momentum indicators to cycle indicators. When you analyze BTCS charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

BTCS March 29, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as BTCS stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether BTCS Inc is a strong investment it is important to analyze BTCS's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact BTCS's future performance. For an informed investment choice regarding BTCS Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BTCS Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Note that the BTCS Inc information on this page should be used as a complementary analysis to other BTCS's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

Complementary Tools for BTCS Stock analysis

When running BTCS's price analysis, check to measure BTCS's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BTCS is operating at the current time. Most of BTCS's value examination focuses on studying past and present price action to predict the probability of BTCS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BTCS's price. Additionally, you may evaluate how the addition of BTCS to your portfolios can decrease your overall portfolio volatility.
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Is BTCS's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of BTCS. If investors know BTCS will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about BTCS listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.55
Revenue Per Share
0.095
Quarterly Revenue Growth
0.204
Return On Assets
(0.13)
Return On Equity
0.4405
The market value of BTCS Inc is measured differently than its book value, which is the value of BTCS that is recorded on the company's balance sheet. Investors also form their own opinion of BTCS's value that differs from its market value or its book value, called intrinsic value, which is BTCS's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BTCS's market value can be influenced by many factors that don't directly affect BTCS's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BTCS's value and its price as these two are different measures arrived at by different means. Investors typically determine if BTCS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BTCS's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.