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Stock Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

2x Bitcoin Strategy ETF (BATS:BITX)

Weak Downtrend (-65) - BITX is showing signs of a strengthening downtrend. Monitor BITX as it may be building momentum to the downside.

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.

BATS_BITX
Open High Low BITX Price Change
45.60 45.89 40.00 41.46 -4.68
Entry Signal

MarketClub’s Trade Triangles for BITX

long term up The long-term trend has been UP since Oct 24th, 2023 at 16.40

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 43.62

short term down The short-term trend has been DOWN since Apr 12th, 2024 at 47.17

Smart Scan Analysis for BITX

Based on our trend formula, BITX is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for BITX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
45.60 45.89 40.00 41.46 -4.68
Prev. Close Volume Bid Ask Time
41.29 7129434 2024-04-15 15:59:33
52wk High59.7452wk High Date2024-03-13
52wk Low9.175752wk Low Date2023-09-11
Average Volume5,801,707
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