Stock Trend Analysis Report
Prepared for you on Monday, May 17, 2021.
BITCOIN ETF USD (TSE:EBIT.U)
Long-Term Downtrend (-90) - EBIT.U is in a strong downtrend that is likely to continue. While EBIT.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 EBIT.U?
MarketClub looks at technical strength and momentum to determine if the timing is right for EBIT.U.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EBIT.U
The long-term trend has been DOWN since May 17th, 2021 at 17.50
The intermediate-term trend has been DOWN since Apr 19th, 2021 at 21.37
The short-term trend has been DOWN since May 11th, 2021 at 21.30
Smart Scan Analysis for EBIT.U
Based on our trend formula, EBIT.U is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).