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Stock Trend Analysis Report

Prepared for you on Monday, October 18, 2021.

BETAPRO INVERSE BITCOIN ETF USD (TSE:BITI.U)

Long-Term Downtrend (-90) - BITI.U is in a strong downtrend that is likely to continue. While BITI.U is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid BITI.U?

MarketClub looks at technical strength and momentum to determine if the timing is right for BITI.U.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

TSE_BITI.U
Open High Low BITI.U Price Change
8.55 8.55 8.55 8.55 -0.04
Entry Signal

MarketClub’s Trade Triangles for BITI.U

long term down The long-term trend has been DOWN since Aug 20th, 2021 at 12.26

intermediate term down The intermediate-term trend has been DOWN since Oct 4th, 2021 at 11.78

short term down The short-term trend has been DOWN since Sep 30th, 2021 at 12.88

Smart Scan Analysis for BITI.U

Based on our trend formula, BITI.U is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for BITI.U
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.55 8.55 8.55 8.55 -0.04
Prev. Close Volume Bid Ask Time
8.59 300 2021-10-18 09:57:13
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