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Mutual Trend Analysis Report

Prepared for you on Friday, May 7, 2021.

NYDIG BITCOIN STRATEGY FUND (NASDAQ:BTCNX)

Sidelines Mode (-55) - BTCNX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

NASDAQ_BTCNX
Open High Low BTCNX Price Change
50.55 50.55 50.55 49.53 -1.02
Entry Signal

MarketClub’s Trade Triangles for BTCNX

long term up The long-term trend has been UP since Jul 27th, 2020 at 13.51

intermediate term down The intermediate-term trend has been DOWN since Apr 19th, 2021 at 50.03

short term up The short-term trend has been UP since Apr 30th, 2021 at 49.11

Smart Scan Analysis for BTCNX

Based on our trend formula, BTCNX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for BTCNX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
50.55 50.55 50.55 49.53 -1.02
Prev. Close Volume Bid Ask Time
50.55 0 49.53 2021-05-06 20:00:00
52wk High56.952wk High Date2021-04-15
52wk Low11.7752wk Low Date2020-05-26
Year End Close26.89
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