Stock Trend Analysis Report
Prepared for you on Monday, January 17, 2022.
VanEck Bitcoin Strategy ETF (BATS:XBTF)
Bear Market Rally (-75) - XBTF is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on XBTF as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid XBTF?
MarketClub looks at technical strength and momentum to determine if the timing is right for XBTF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XBTF
The long-term trend has been DOWN since Nov 26th, 2021 at 55.820
The intermediate-term trend has been DOWN since Nov 26th, 2021 at 55.820
The short-term trend has been UP since Jan 12th, 2022 at 42.475
Smart Scan Analysis for XBTF
Based on our trend formula, XBTF is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||61.55||52wk High Date||2021-11-16|
|52wk Low||39.23||52wk Low Date||2022-01-10|