Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Thursday, October 10, 2024.
2x Bitcoin Strategy ETF (BATS:BITX)
Bear Market Rally (-75) - BITX is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on BITX as it may be in the beginning of a reversal.
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 31.82
The intermediate-term trend has been UP since Sep 24th, 2024 at 29.80
The short-term trend has been DOWN since Oct 9th, 2024 at 25.97
Smart Scan Analysis for BITX
Based on our trend formula, BITX is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 26.1900 | 26.1903 | 24.2300 | 24.9200 | -1.1900 |
| Prev. Close | Volume | Bid | Ask | Time |
| 26.1100 | 6973881 | 2024-10-10 15:59:30 |
| 52wk High | 59.74 | 52wk High Date | 2024-03-13 |
| 52wk Low | 10.19 | 52wk Low Date | 2023-10-12 |
| Average Volume | 6,817,993 |