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Stock Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
2x Bitcoin Strategy ETF (BATS:BITX)
Sidelines Mode (-55) - BITX 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 BITX?
MarketClub looks at technical strength and momentum to determine if the timing is right for BITX.
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 BITX
The long-term trend has been UP since Nov 6th, 2024 at 36.92
The intermediate-term trend has been DOWN since Feb 12th, 2025 at 50.70
The short-term trend has been UP since Feb 21st, 2025 at 54.97
Smart Scan Analysis for BITX
Based on our trend formula, BITX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 55.3000 | 55.5799 | 50.0600 | 50.2000 | -4.4100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 50.2400 | 7699677 | 2025-02-21 15:59:53 |
| 52wk High | 72.8 | 52wk High Date | 2024-12-17 |
| 52wk Low | 18.95 | 52wk Low Date | 2024-08-05 |
| Average Volume | 8,936,482 |