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Stock Trend Analysis Report

Prepared for you on Thursday, July 18, 2024.

ProShares Trust ProShares Short Bitcoin Strategy ETF (PACF:BITI)

Weak Downtrend (-65) - BITI is showing signs of a strengthening downtrend. Monitor BITI as it may be building momentum to the downside.

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
7.7000 7.8099 7.6200 7.7250 +0.0750
Entry Signal

MarketClub’s Trade Triangles for BITI

long term up The long-term trend has been UP since Jul 8th, 2024 at 9.10

intermediate term down The intermediate-term trend has been DOWN since Jul 15th, 2024 at 7.88

short term down The short-term trend has been DOWN since Jul 11th, 2024 at 8.63

Smart Scan Analysis for BITI

Based on our trend formula, BITI is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for BITI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.7000 7.8099 7.6200 7.7250 +0.0750
Prev. Close Volume Bid Ask Time
7.6500 6586510 2024-07-17 15:59:39
52wk High22.8452wk High Date2023-09-11
52wk Low7.0652wk Low Date2024-06-05
Average Volume6,710,365
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