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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.

TSE_EBIT.U
Open High Low EBIT.U Price Change
17.07 17.33 16.20 16.95 -2.34
Entry Signal

MarketClub’s Trade Triangles for EBIT.U

long term down The long-term trend has been DOWN since May 17th, 2021 at 17.50

intermediate term down The intermediate-term trend has been DOWN since Apr 19th, 2021 at 21.37

short term down 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).

-90
Smart Scan Analysis for EBIT.U
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.07 17.33 16.20 16.95 -2.34
Prev. Close Volume Bid Ask Time
19.29 56793 2021-05-17 15:52:43
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