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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
BITCOIN FUND (TSE:QBTC)
Crossroads (-60) - QBTC is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid QBTC?
MarketClub looks at technical strength and momentum to determine if the timing is right for QBTC.
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 QBTC
The long-term trend has been UP since Jan 16th, 2023 at 28.6
The intermediate-term trend has been DOWN since Apr 16th, 2024 at 86.7
The short-term trend has been DOWN since May 9th, 2024 at 86.5
Smart Scan Analysis for QBTC
Based on our trend formula, QBTC is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 86.41 | 86.96 | 85.32 | 86.00 | -1.13 |
| Prev. Close | Volume | Bid | Ask | Time |
| 87.13 | 9380 | 2024-05-09 13:25:07 |