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Stock Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
ProShares Short Bitcoin ETF (PACF:BITI)
Long-Term Downtrend (-90) - BITI is in a strong downtrend that is likely to continue. While BITI is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 Oct 14th, 2024 at 7.10
The intermediate-term trend has been DOWN since Sep 19th, 2024 at 7.48
The short-term trend has been DOWN since Oct 24th, 2024 at 6.92
Smart Scan Analysis for BITI
Based on our trend formula, BITI is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6.9200 | 7.1450 | 6.8301 | 7.0550 | +0.1650 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.0500 | 17250521 | 2024-10-25 15:59:49 |
| 52wk High | 16.81 | 52wk High Date | 2023-10-27 |
| 52wk Low | 6.8 | 52wk Low Date | 2024-10-18 |
| Average Volume | 11,716,939 |