BTRS Holdings Inc (BTRS): Price Now Near $11.8; Daily Chart Shows Downtrend on 50 Day Basis

The Hourly View for BTRS

At the time of this writing, BTRS (Get Ratings)’s price is up $0.04 (0.38%) from the hour prior. The hourly chart shows that BTRS has seen 2 straight up hours. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 20 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

BTRS ranks 129th in terms of today’s price percentage change out of Business Services stocks.

BTRS’s Technical Outlook on the Daily Chart

At the moment, BTRS’s price is up $0.57 (5.07%) from the day prior. This is the 2nd day in a row BTRS has seen its price head up. If you’re a trend trader, consider that the strongest clear trend on the daily chart exists on the 50 day timeframe. The moving averages on the daily timeframe suggest a choppiness in price, as the are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. The chart below shows BTRS’s price action over the past 90 days.

BTRS

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BTRS: Daily RSI Analysis

  • BTRS’s RSI now stands at 89.2157.
  • BTRS and RSI both have consistent trends, as they are both heading up.

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