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Stock Trend Analysis Report
Prepared for you on Thursday, September 21, 2023.
ProShares Trust ProShares Short Bitcoin Strategy ETF (PACF:BITI)
Sidelines Mode (+50) - BITI is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until BITI can gain momentum.
Is it time to buy, sell, or avoid BITI?
MarketClub looks at technical strength and momentum to determine if the timing is right for BITI.
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 BITI
The long-term trend has been DOWN since Jan 12th, 2023 at 34.38
The intermediate-term trend has been UP since Jul 24th, 2023 at 19.36
The short-term trend has been UP since Sep 21st, 2023 at 21.33
Smart Scan Analysis for BITI
Based on our trend formula, BITI is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 21.4000 | 21.5450 | 21.3721 | 21.3800 | +0.2900 |
| Prev. Close | Volume | Bid | Ask | Time |
| 21.0900 | 279879 | 2023-09-21 10:52:24 |
| 52wk High | 45.61 | 52wk High Date | 2022-11-09 |
| 52wk Low | 17.84 | 52wk Low Date | 2023-07-13 |
| Average Volume | 1,191,088 |