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Stock Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
ProShares Trust ProShares UltraShort Bitcoin ETF (PACF:SBIT)
Strong Downtrend (-100) - SBIT is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SBIT continues to fall. Traders should use caution and set stops.
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 1st, 2025 at 9.005
The intermediate-term trend has been DOWN since Apr 15th, 2025 at 11.305
The short-term trend has been DOWN since May 8th, 2025 at 8.680
Smart Scan Analysis for SBIT
Based on our trend formula, SBIT is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.350 | 8.419 | 7.930 | 8.005 | -0.935 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.010 | 13076600 | 2025-05-08 15:59:21 |
| 52wk High | 55.1 | 52wk High Date | 2024-08-05 |
| 52wk Low | 7.93 | 52wk Low Date | 2025-05-08 |
| Average Volume | 6,618,852 |