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Stock Trend Analysis Report
Prepared for you on Saturday, October 1, 2022.
FIDELITY ADVANTAGE BITCOIN ETF (TSE:FBTC)
Sidelines Mode (-55) - FBTC 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 FBTC?
MarketClub looks at technical strength and momentum to determine if the timing is right for FBTC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for FBTC
The long-term trend has been DOWN since Dec 6th, 2021 at 22.76
The intermediate-term trend has been UP since Sep 12th, 2022 at 9.58
The short-term trend has been DOWN since Sep 29th, 2022 at 8.77
Smart Scan Analysis for FBTC
Based on our trend formula, FBTC is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.98 | 8.98 | 8.91 | 8.91 | -0.07 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.92 | 4801 | 2022-09-30 09:31:01 |