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Stock Trend Analysis Report
Prepared for you on Thursday, December 5, 2024.
iShares Bitcoin Trust ETF (NASDAQ:IBIT)
Long-Term Uptrend (+90) - IBIT is in a strong uptrend that is likely to continue. While IBIT is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 UP since Oct 28th, 2024 at 39.7450
The intermediate-term trend has been UP since Sep 24th, 2024 at 36.3962
The short-term trend has been UP since Dec 4th, 2024 at 56.3600
Smart Scan Analysis for IBIT
Based on our trend formula, IBIT is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 58.620 | 59.160 | 55.700 | 56.375 | -0.045 |
| Prev. Close | Volume | Bid | Ask | Time |
| 56.420 | 84430653 | 2024-12-05 15:59:26 |
| 52wk High | 56.86 | 52wk High Date | 2024-11-22 |
| 52wk Low | 22.02 | 52wk Low Date | 2024-01-23 |
| Average Volume | 65,649,545 | Assets | 233,345,680M |
| Liabilities | 3,881,475M |