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Stock Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Bitwise Bitcoin ETF Common Shares of Beneficial Interest (PACF:BITB)
Long-Term Uptrend (+90) - BITB is in a strong uptrend that is likely to continue. While BITB 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 BITB?
MarketClub looks at technical strength and momentum to determine if the timing is right for BITB.
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 BITB
The long-term trend has been UP since Oct 28th, 2024 at 38.01
The intermediate-term trend has been UP since Sep 24th, 2024 at 34.83
The short-term trend has been UP since Nov 6th, 2024 at 39.01
Smart Scan Analysis for BITB
Based on our trend formula, BITB is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 49.930 | 51.320 | 49.680 | 50.425 | +0.505 |
| Prev. Close | Volume | Bid | Ask | Time |
| 50.470 | 2466186 | 2024-11-19 15:59:15 |
| 52wk High | 50.965 | 52wk High Date | 2024-11-13 |
| 52wk Low | 21.05 | 52wk Low Date | 2024-01-23 |
| Average Volume | 3,098,019 |