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Stock Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
Valkyrie Bitcoin Futures Leveraged Strategy ETF (NASDAQ:BTFX)
Crossroads (+60) - BTFX 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 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 DOWN since Jul 5th, 2024 at 26.58
The intermediate-term trend has been UP since Sep 24th, 2024 at 26.35
The short-term trend has been UP since Oct 24th, 2024 at 31.29
Smart Scan Analysis for BTFX
Based on our trend formula, BTFX is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 31.270 | 31.960 | 29.600 | 30.050 | -1.459 |
| Prev. Close | Volume | Bid | Ask | Time |
| 30.130 | 38651 | 2024-10-25 15:59:51 |
| 52wk High | 49.79 | 52wk High Date | 2024-03-13 |
| 52wk Low | 16.3402 | 52wk Low Date | 2024-08-05 |
| Average Volume | 34,303 |