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Stock Trend Analysis Report

Prepared for you on Thursday, July 18, 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.

NASDAQ_BTFX
Open High Low BTFX Price Change
30.67 30.80 30.05 30.18 -0.24
Entry Signal

MarketClub’s Trade Triangles for BTFX

long term down The long-term trend has been DOWN since Jul 5th, 2024 at 26.5800

intermediate term up The intermediate-term trend has been UP since Jul 16th, 2024 at 30.1811

short term up The short-term trend has been UP since Jul 11th, 2024 at 24.9900

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).

+60
Smart Scan Analysis for BTFX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
30.67 30.80 30.05 30.18 -0.24
Prev. Close Volume Bid Ask Time
30.42 6414 2024-07-18 10:31:03
52wk High49.7952wk High Date2024-03-13
52wk Low22.4452wk Low Date2024-07-08
Average Volume63,597
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