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Stock Trend Analysis Report
Prepared for you on Friday, May 30, 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 DOWN since Mar 4th, 2025 at 18.800
The intermediate-term trend has been UP since Apr 21st, 2025 at 19.060
The short-term trend has been DOWN since May 28th, 2025 at 22.775
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 |
|---|---|---|---|---|
| 22.240 | 22.320 | 21.790 | 21.986 | -0.254 |
| Prev. Close | Volume | Bid | Ask | Time |
| 22.240 | 9407671 | 2025-05-30 15:59:44 |
| 52wk High | 28.21 | 52wk High Date | 2024-05-30 |
| 52wk Low | 16.11 | 52wk Low Date | 2024-09-06 |
| Average Volume | 6,786,815 | Shares Outstanding | 66,050 |