Stock Trend Analysis Report
Prepared for you on Monday, October 2, 2023.
BETAPRO INVERSE BITCOIN ETF (TSE:BITI)
Weak Uptrend (+65) - BITI is showing signs of weakening momentum to the upside. Monitor BITI as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid BITI?
MarketClub looks at technical strength and momentum to determine if the timing is right for BITI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BITI
The long-term trend has been UP since Sep 11th, 2023 at 14.08
The intermediate-term trend has been UP since Jul 24th, 2023 at 11.71
The short-term trend has been DOWN since Sep 28th, 2023 at 13.14
Smart Scan Analysis for BITI
Based on our trend formula, BITI is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).