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Stock Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
2x Bitcoin Strategy ETF (BATS:BITX)
Crossroads (+60) - BITX is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for BITX
The long-term trend has been DOWN since Jun 24th, 2024 at 31.8200
The intermediate-term trend has been UP since Sep 24th, 2024 at 29.8000
The short-term trend has been UP since Oct 24th, 2024 at 32.0545
Smart Scan Analysis for BITX
Based on our trend formula, BITX is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 32.0600 | 32.8600 | 29.9501 | 30.7701 | -1.5299 |
| Prev. Close | Volume | Bid | Ask | Time |
| 30.7900 | 10058502 | 2024-10-25 15:59:54 |
| 52wk High | 59.74 | 52wk High Date | 2024-03-13 |
| 52wk Low | 15.8638 | 52wk Low Date | 2023-10-27 |
| Average Volume | 7,817,110 |