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Stock Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
ProShares Bitcoin ETF (PACF:BITO)
Sidelines Mode (-55) - BITO is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid BITO?
MarketClub looks at technical strength and momentum to determine if the timing is right for BITO.
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 BITO
The long-term trend has been UP since Nov 11th, 2024 at 21.3700
The intermediate-term trend has been DOWN since Feb 12th, 2025 at 22.0098
The short-term trend has been UP since Feb 21st, 2025 at 22.9550
Smart Scan Analysis for BITO
Based on our trend formula, BITO is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 23.010 | 23.085 | 21.940 | 21.970 | -0.910 |
| Prev. Close | Volume | Bid | Ask | Time |
| 21.960 | 9971607 | 2025-02-21 15:59:55 |
| 52wk High | 33.79 | 52wk High Date | 2024-03-13 |
| 52wk Low | 16.11 | 52wk Low Date | 2024-09-06 |
| Average Volume | 8,808,079 | Shares Outstanding | 66,050 |