Bakkt, Inc.
Here’s whether Bakkt, Inc. (BKKT) is worth buying in 2026 — based on weekly-updated price trend, RSI momentum, and return vs. the S&P 500. Our current read: Caution.
Positives: above the 50-day MA (medium-term momentum positive); RSI 63 — healthy momentum range. Concerns: trading below the 200-day MA (long-term downtrend); 50-day MA is falling (-3.89% over 10 days); 3-month momentum negative (-27.7%); rising volume on a downtrend (distribution, 1.57x avg). Currently 82.8% off its 52-week high. Score: -2/7.
BKKT is trading below its 200-day MA ($10.79) — a key warning sign the longer-term trend is under pressure. An RSI of 62.8 sits in the neutral zone — momentum is neither stretched nor exhausted. The 1-year return of +8.1% compares to +20.5% for SPY (trailed the market by 12.4%). The current 82.8% drawdown from the 52-week high reflects elevated risk for momentum-based strategies.