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Stock Trend Analysis Report

Prepared for you on Saturday, September 23, 2023.

ProShares Bitcoin Strategy ETF (PACF:BITO)

Bear Market Rally (-75) - BITO is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on BITO as it may be in the beginning of a reversal.

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
13.670 13.720 13.610 13.625 -0.045
Entry Signal

MarketClub’s Trade Triangles for BITO

long term down The long-term trend has been DOWN since Aug 18th, 2023 at 13.90

intermediate term down The intermediate-term trend has been DOWN since Jul 17th, 2023 at 16.01

short term down The short-term trend has been DOWN since Sep 21st, 2023 at 13.66

Smart Scan Analysis for BITO

Based on our trend formula, BITO is rated as a -80 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
13.670 13.720 13.610 13.625 -0.045
Prev. Close Volume Bid Ask Time
13.620 4136388 2023-09-22 15:59:56
52wk High18.38552wk High Date2023-04-14
52wk Low9.479652wk Low Date2022-11-21
Average Volume10,429,868Shares Outstanding66,050
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