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Stock Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
ProShares Trust ProShares UltraShort Bitcoin ETF (PACF:SBIT)
Sidelines Mode (+55) - SBIT 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 SBIT?
MarketClub looks at technical strength and momentum to determine if the timing is right for SBIT.
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 SBIT
The long-term trend has been DOWN since May 20th, 2024 at 36.2300
The intermediate-term trend has been UP since Feb 11th, 2025 at 10.8758
The short-term trend has been DOWN since Feb 21st, 2025 at 9.9800
Smart Scan Analysis for SBIT
Based on our trend formula, SBIT is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 9.9100 | 10.8304 | 9.8650 | 10.7900 | +0.7600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 10.8100 | 5812965 | 2025-02-21 15:59:59 |
| 52wk High | 56.56 | 52wk High Date | 2024-05-01 |
| 52wk Low | 8.59 | 52wk Low Date | 2025-01-24 |
| Average Volume | 6,011,427 |