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Stock Trend Analysis Report

Prepared for you on Saturday, July 20, 2024.

iShares Bitcoin Trust (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.

Open High Low IBIT Price Change
36.56 38.53 36.50 38.44 +2.22
Entry Signal

MarketClub’s Trade Triangles for IBIT

long term down The long-term trend has been DOWN since Jul 5th, 2024 at 32.200

intermediate term up The intermediate-term trend has been UP since Jul 15th, 2024 at 36.405

short term up The short-term trend has been UP since Jul 11th, 2024 at 33.235

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).

Smart Scan Analysis for IBIT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
36.56 38.53 36.50 38.44 +2.22
Prev. Close Volume Bid Ask Time
38.40 43865899 2024-07-19 15:59:30
52wk High41.9952wk High Date2024-03-13
52wk Low22.0252wk Low Date2024-01-23
Average Volume23,574,100
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