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Stock Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
ProShares Bitcoin ETF (PACF:BITO)
Bull Market Weakness (+75) - BITO is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BITO as it may be in the beginning stages 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.
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MarketClub’s Trade Triangles for BITO
The long-term trend has been DOWN since Mar 4th, 2025 at 18.8000
The intermediate-term trend has been UP since Apr 21st, 2025 at 19.0600
The short-term trend has been UP since May 8th, 2025 at 20.6099
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 21.0000 | 21.4899 | 20.9301 | 21.4000 | +1.0800 |
| Prev. Close | Volume | Bid | Ask | Time |
| 21.4000 | 6310897 | 2025-05-08 15:59:22 |
| 52wk High | 28.965 | 52wk High Date | 2024-05-21 |
| 52wk Low | 16.11 | 52wk Low Date | 2024-09-06 |
| Average Volume | 5,216,912 | Shares Outstanding | 66,050 |