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Stock Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

iShares Bitcoin Trust ETF (NASDAQ:IBIT)

Weak Downtrend (-65) - IBIT is showing signs of a strengthening downtrend. Monitor IBIT as it may be building momentum to the downside.

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.

NASDAQ_IBIT
Open High Low IBIT Price Change
54.420 54.960 54.060 54.295 -1.935
Entry Signal

MarketClub’s Trade Triangles for IBIT

long term up The long-term trend has been UP since Oct 28th, 2024 at 39.7450

intermediate term down The intermediate-term trend has been DOWN since Dec 23rd, 2024 at 53.2833

short term down The short-term trend has been DOWN since Dec 19th, 2024 at 56.8200

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).

-70
Smart Scan Analysis for IBIT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
54.420 54.960 54.060 54.295 -1.935
Prev. Close Volume Bid Ask Time
56.230 19312514 2024-12-26 14:30:53
52wk High61.7552wk High Date2024-12-17
52wk Low22.0252wk Low Date2024-01-23
Average Volume53,301,153Assets233,345,680M
Liabilities3,881,475M
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