Mutual Trend Analysis Report
Prepared for you on Saturday, April 10, 2021.
NYDIG BITCOIN STRATEGY FUND (NASDAQ:BTCNX)
Countertrend Up (+85) - BTCNX is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid BTCNX?
MarketClub looks at technical strength and momentum to determine if the timing is right for BTCNX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BTCNX
The long-term trend has been UP since Jul 27th, 2020 at 13.51
The intermediate-term trend has been UP since Feb 8th, 2021 at 34.66
The short-term trend has been DOWN since Apr 6th, 2021 at 52.77
Smart Scan Analysis for BTCNX
Based on our trend formula, BTCNX is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||53.27||52wk High Date||2021-04-05|
|52wk Low||8.97||52wk Low Date||2020-04-15|
|Year End Close||26.89|