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Stock Trend Analysis Report

Prepared for you on Sunday, July 14, 2024.

2x Bitcoin Strategy ETF (BATS:BITX)

Countertrend Down (-85) - BITX is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid BITX?

MarketClub looks at technical strength and momentum to determine if the timing is right for BITX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

BATS_BITX
Open High Low BITX Price Change
28.81 29.82 28.75 28.85 +0.21
Entry Signal

MarketClub’s Trade Triangles for BITX

long term down The long-term trend has been DOWN since Jun 24th, 2024 at 31.82

intermediate term down The intermediate-term trend has been DOWN since Jun 11th, 2024 at 41.70

short term up The short-term trend has been UP since Jul 11th, 2024 at 29.58

Smart Scan Analysis for BITX

Based on our trend formula, BITX is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for BITX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
28.81 29.82 28.75 28.85 +0.21
Prev. Close Volume Bid Ask Time
28.92 4724735 2024-07-12 15:59:24
52wk High59.7452wk High Date2024-03-13
52wk Low9.175752wk Low Date2023-09-11
Average Volume5,948,740
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