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Stock Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
CoinShares Valkyrie Bitcoin Futures Leveraged Strategy ETF (NASDAQ:BTFX)
Strong Uptrend (+100) - BTFX is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, BTFX continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
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MarketClub’s Trade Triangles for BTFX
The long-term trend has been UP since Oct 29th, 2024 at 34.89
The intermediate-term trend has been UP since Sep 24th, 2024 at 26.35
The short-term trend has been UP since Nov 6th, 2024 at 34.26
Smart Scan Analysis for BTFX
Based on our trend formula, BTFX is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 57.900 | 58.440 | 56.275 | 57.360 | +1.730 |
| Prev. Close | Volume | Bid | Ask | Time |
| 57.680 | 74842 | 2024-11-20 15:59:15 |
| 52wk High | 57.39 | 52wk High Date | 2024-11-19 |
| 52wk Low | 16.3402 | 52wk Low Date | 2024-08-05 |
| Average Volume | 61,005 |