Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
ProShares Short Bitcoin ETF (PACF:BITI)
Countertrend Up (+85) - BITI is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for BITI
The long-term trend has been UP since Nov 7th, 2024 at 9.5900
The intermediate-term trend has been UP since Feb 11th, 2025 at 23.4553
The short-term trend has been DOWN since Feb 21st, 2025 at 22.5080
Smart Scan Analysis for BITI
Based on our trend formula, BITI is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 22.440 | 23.510 | 22.390 | 23.495 | +0.945 |
| Prev. Close | Volume | Bid | Ask | Time |
| 23.450 | 2341216 | 2025-02-21 15:59:46 |
| 52wk High | 53.8 | 52wk High Date | 2024-02-23 |
| 52wk Low | 20.725 | 52wk Low Date | 2025-01-21 |
| Average Volume | 1,725,591 |