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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.

PACF_BITI
Open High Low BITI Price Change
21.4000 21.5450 21.3721 21.3800 +0.2900
Entry Signal

MarketClub’s Trade Triangles for BITI

long term down The long-term trend has been DOWN since Jan 12th, 2023 at 34.38

intermediate term up The intermediate-term trend has been UP since Jul 24th, 2023 at 19.36

short term up 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).

+50
Smart Scan Analysis for BITI
Strong Downtrend Sideways 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 High45.6152wk High Date2022-11-09
52wk Low17.8452wk Low Date2023-07-13
Average Volume1,191,088
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