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Stock Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
iShares Bitcoin Trust ETF (NASDAQ:IBIT)
Bull Market Weakness (+75) - IBIT is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on IBIT as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid IBIT?
MarketClub looks at technical strength and momentum to determine if the timing is right for IBIT.
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 IBIT
The long-term trend has been DOWN since Mar 10th, 2025 at 46.065
The intermediate-term trend has been UP since Apr 21st, 2025 at 49.715
The short-term trend has been UP since May 8th, 2025 at 55.455
Smart Scan Analysis for IBIT
Based on our trend formula, IBIT is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 56.540 | 57.835 | 56.310 | 57.625 | +2.945 |
| Prev. Close | Volume | Bid | Ask | Time |
| 57.620 | 52059619 | 2025-05-08 15:59:21 |
| 52wk High | 61.75 | 52wk High Date | 2024-12-17 |
| 52wk Low | 28.23 | 52wk Low Date | 2024-08-05 |
| Average Volume | 40,455,420 | Shares Outstanding | 1,063,000 |
| Assets | 233,345,680M | Liabilities | 3,881,475M |