BKKT Weekly Technical Analysis
Bakkt Holdings, Inc
A financial technology company that operates a digital asset platform.
BKKT Technical Analysis Summary
Bakkt (BKKT) is showing renewed weakness after a failed attempt to reverse its long-term downtrend. The price was firmly rejected near the 200-week SMA and has now lost the support of the 50-week SMA, shifting short-term momentum back to the downside. While indicators like the MACD are hovering near neutral, the price action suggests a retest of the historical consolidation support zone around 10.00-12.00 is underway.
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BKKT Weekly Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price has closed significantly lower (-12.02%) this week, breaking below the 50-week SMA (15.01) and rejecting from recent highs.
Long-term Sentiment (weeks to months): Bearish
The stock remains trapped below the critical 200-week SMA (31.28), having failed a recent attempt to break out above this structural resistance.
Report Metadata
- Timeframe: weekly
- Generated at: 2026-01-31T23:41:41.010Z
- Model: gemini-3-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $11.48 | $10.00 - $12.95 | Strong | Immediate support zone defined by the current week's low and the upper bound of the 2023-2024 consolidation base. |
| $6.50 | $5.00 - $8.00 | Weak | Historical base lows visible prior to the recent volatility expansion. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $15.30 | $15.00 - $15.60 | Weak | The 50-week SMA and the breakdown level from the current week's high. |
| $19.74 | $19.48 - $20.00 | Strong | The 20-week SMA (Bollinger Band basis) acting as dynamic resistance. |
| $31.50 | $31.00 - $32.00 | Strong | Major trend resistance at the 200-week SMA. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Failed Breakout | Bearish | $10.00 | Price briefly rallied towards the 200-week SMA but was sharply rejected, resulting in a swift retracement below the 50-week SMA. |
| Strong | Long-term Consolidation | Neutral | N/A | A multi-year sideways base structure established after the initial crash, roughly between 5.00 and 15.00. |
Frequently Asked Questions about BKKT
What is the current sentiment for BKKT?
The short-term sentiment for BKKT is currently Bearish because Price has closed significantly lower (-12.02%) this week, breaking below the 50-week SMA (15.01) and rejecting from recent highs.. The long-term trend is classified as Bearish.
What are the key support levels for BKKT?
StockDips.AI has identified key support levels for BKKT at $11.48 and $6.50. These levels may represent potential accumulation zones where buying interest could emerge.
Is BKKT in a significant dip or a Value Dip right now?
BKKT has a Value Score of 65/100. It is not currently flagged as a significant dip in the Top Dips list. It is not listed as a Value Dip because the long-term sentiment or value-score threshold does not qualify.
View the full interactive analysis on StockDips.AI.