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Stock Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
ProShares Short Bitcoin ETF (PACF:BITI)
Bull Market Weakness (+75) - BITI is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BITI as it may be in the beginning stages of a reversal.
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 UP since Nov 7th, 2024 at 9.59
The intermediate-term trend has been UP since Nov 7th, 2024 at 7.28
The short-term trend has been DOWN since Nov 12th, 2024 at 25.97
Smart Scan Analysis for BITI
Based on our trend formula, BITI is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 24.00 | 24.38 | 23.89 | 24.08 | -0.45 |
| Prev. Close | Volume | Bid | Ask | Time |
| 24.11 | 2222366 | 2024-11-20 15:59:32 |
| 52wk High | 77.025 | 52wk High Date | 2023-11-22 |
| 52wk Low | 24.11 | 52wk Low Date | 2024-11-19 |
| Average Volume | 2,635,429 |