Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Monday, October 7, 2024.
ProShares Bitcoin 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.
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MarketClub’s Trade Triangles for BITO
The long-term trend has been DOWN since Jun 24th, 2024 at 22.94
The intermediate-term trend has been UP since Sep 24th, 2024 at 19.37
The short-term trend has been DOWN since Sep 30th, 2024 at 19.06
Smart Scan Analysis for BITO
Based on our trend formula, BITO is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
-65
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 17.520 | 17.816 | 17.300 | 17.810 | +0.430 |
| Prev. Close | Volume | Bid | Ask | Time |
| 17.770 | 5479205 | 2024-10-04 15:59:27 |
| 52wk High | 33.79 | 52wk High Date | 2024-03-13 |
| 52wk Low | 13.48 | 52wk Low Date | 2023-10-11 |
| Average Volume | 7,720,427 | Shares Outstanding | 66,050 |
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