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Stock Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
2x Bitcoin Strategy ETF (BATS:BITX)
Crossroads (-60) - BITX 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 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 Dec 23rd, 2024 at 54.61
The short-term trend has been DOWN since Dec 18th, 2024 at 62.12
Smart Scan Analysis for BITX
Based on our trend formula, BITX is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 56.6100 | 59.4699 | 56.2450 | 59.1500 | +6.9700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 59.1200 | 8253596 | 2024-12-24 12:59:58 |
| 52wk High | 72.8 | 52wk High Date | 2024-12-17 |
| 52wk Low | 18.2101 | 52wk Low Date | 2024-01-23 |
| Average Volume | 11,655,371 |