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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
FIDELITY ADVANTAGE BITCOIN ETF (TSE:FBTC)
Sidelines Mode (-55) - FBTC is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid FBTC?
MarketClub looks at technical strength and momentum to determine if the timing is right for FBTC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for FBTC
The long-term trend has been UP since Jan 20th, 2023 at 9.80
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 29.12
The short-term trend has been UP since May 3rd, 2024 at 28.00
Smart Scan Analysis for FBTC
Based on our trend formula, FBTC is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 28.27 | 28.58 | 28.27 | 28.31 | -0.42 |
| Prev. Close | Volume | Bid | Ask | Time |
| 28.31 | 20342 | 2024-05-08 15:59:34 |