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Stock Trend Analysis Report

Prepared for you on Wednesday, April 17, 2024.

ProShares Bitcoin Strategy ETF (PACF:BITO)

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

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.

Open High Low BITO Price Change
27.27 27.56 26.52 26.68 -0.78
Entry Signal

MarketClub’s Trade Triangles for BITO

long term up The long-term trend has been UP since Oct 24th, 2023 at 17.15

intermediate term down The intermediate-term trend has been DOWN since Apr 2nd, 2024 at 28.41

short term down The short-term trend has been DOWN since Apr 12th, 2024 at 29.53

Smart Scan Analysis for BITO

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

Smart Scan Analysis for BITO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
27.27 27.56 26.52 26.68 -0.78
Prev. Close Volume Bid Ask Time
27.46 6437858 2024-04-17 11:10:30
52wk High33.7952wk High Date2024-03-13
52wk Low12.7952wk Low Date2023-09-11
Average Volume16,079,179Shares Outstanding66,050
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