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Stock Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

CoinShares Valkyrie Bitcoin Futures Leveraged Strategy ETF (NASDAQ:BTFX)

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

Is it time to buy, sell, or avoid BTFX?

MarketClub looks at technical strength and momentum to determine if the timing is right for BTFX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_BTFX
Open High Low BTFX Price Change
55.45 56.39 54.77 55.06 -4.54
Entry Signal

MarketClub’s Trade Triangles for BTFX

long term up The long-term trend has been UP since Oct 29th, 2024 at 34.8900

intermediate term down The intermediate-term trend has been DOWN since Dec 23rd, 2024 at 55.2200

short term down The short-term trend has been DOWN since Dec 18th, 2024 at 62.4577

Smart Scan Analysis for BTFX

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

-70
Smart Scan Analysis for BTFX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
55.45 56.39 54.77 55.06 -4.54
Prev. Close Volume Bid Ask Time
59.60 15866 2024-12-26 14:32:25
52wk High72.525152wk High Date2024-12-17
52wk Low16.340252wk Low Date2024-08-05
Average Volume52,934
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