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Stock Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
iShares Bitcoin Trust ETF (NASDAQ:IBIT)
Crossroads (+60) - IBIT 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 IBIT?
MarketClub looks at technical strength and momentum to determine if the timing is right for IBIT.
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 IBIT
The long-term trend has been UP since Oct 28th, 2024 at 39.7450
The intermediate-term trend has been DOWN since Dec 23rd, 2024 at 53.2833
The short-term trend has been DOWN since Dec 19th, 2024 at 56.8200
Smart Scan Analysis for IBIT
Based on our trend formula, IBIT is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 55.070 | 56.408 | 54.880 | 56.305 | +3.435 |
| Prev. Close | Volume | Bid | Ask | Time |
| 56.230 | 25180995 | 2024-12-24 12:59:55 |
| 52wk High | 61.75 | 52wk High Date | 2024-12-17 |
| 52wk Low | 22.02 | 52wk Low Date | 2024-01-23 |
| Average Volume | 53,301,153 | Assets | 233,345,680M |
| Liabilities | 3,881,475M |