Stock Trend Analysis Report
Prepared for you on Friday, September 17, 2021.
BETAPRO INVERSE BITCOIN ETF (TSE:BITI)
Weak Downtrend (-65) - BITI is showing signs of a strengthening downtrend. Monitor BITI as it may be building momentum to the downside.
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 DOWN since Aug 23rd, 2021 at 14.88
The intermediate-term trend has been UP since Sep 13th, 2021 at 16.15
The short-term trend has been DOWN since Sep 15th, 2021 at 15.25
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).