Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

BITCOIN ETF USD (TSE:EBIT.U)

Sidelines Mode (+55) - EBIT.U is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
22.84 23.40 22.84 23.21 +0.37
Entry Signal

MarketClub’s Trade Triangles for EBIT.U

long term up The long-term trend has been UP since Jan 17th, 2023 at 7.89

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 23.68

short term up The short-term trend has been UP since Apr 19th, 2024 at 23.23

Smart Scan Analysis for EBIT.U

Based on our trend formula, EBIT.U is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for EBIT.U
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
22.84 23.40 22.84 23.21 +0.37
Prev. Close Volume Bid Ask Time
22.84 380 2024-04-19 14:50:45
Get a free daily analysis and signals for BITCOIN ETF USD (EBIT.U) - Request Your Free Report.