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Stock Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
2x Bitcoin Strategy ETF (BATS:BITX)
Long-Term Uptrend (+90) - BITX is in a strong uptrend that is likely to continue. While BITX is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 UP since Sep 24th, 2024 at 29.80
The short-term trend has been UP since Nov 6th, 2024 at 34.69
Smart Scan Analysis for BITX
Based on our trend formula, BITX is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 54.96 | 58.08 | 54.44 | 56.14 | +1.20 |
| Prev. Close | Volume | Bid | Ask | Time |
| 56.08 | 11974995 | 2024-11-19 15:59:36 |
| 52wk High | 59.74 | 52wk High Date | 2024-03-13 |
| 52wk Low | 18.2101 | 52wk Low Date | 2024-01-23 |
| Average Volume | 12,732,793 |