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Stock Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
2x Bitcoin Strategy ETF (BATS:BITX)
Bull Market Weakness (+75) - BITX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BITX as it may be in the beginning stages 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 Mar 10th, 2025 at 36.3604
The intermediate-term trend has been UP since Apr 21st, 2025 at 39.9299
The short-term trend has been UP since May 8th, 2025 at 47.1400
Smart Scan Analysis for BITX
Based on our trend formula, BITX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 48.93 | 51.10 | 48.58 | 50.70 | +4.88 |
| Prev. Close | Volume | Bid | Ask | Time |
| 50.70 | 7576407 | 2025-05-08 15:59:16 |
| 52wk High | 72.8 | 52wk High Date | 2024-12-17 |
| 52wk Low | 18.95 | 52wk Low Date | 2024-08-05 |
| Average Volume | 6,560,357 |