Stock Trend Analysis Report
Prepared for you on Friday, March 29, 2024.
ProShares Trust ProShares Short Bitcoin Strategy ETF (PACF:BITI)
Long-Term Downtrend (-90) - BITI is in a strong downtrend that is likely to continue. While BITI is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid BITI?
MarketClub looks at technical strength and momentum to determine if the timing is right for BITI.
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 BITI
The long-term trend has been DOWN since Jan 12th, 2023 at 34.380
The intermediate-term trend has been DOWN since Feb 7th, 2024 at 12.475
The short-term trend has been DOWN since Mar 25th, 2024 at 7.780
Smart Scan Analysis for BITI
Based on our trend formula, BITI is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
7.33 | 7.42 | 7.28 | 7.38 | -0.25 |
Prev. Close | Volume | Bid | Ask | Time |
7.39 | 7681632 | 2024-03-28 15:59:56 |
52wk High | 23.23 | 52wk High Date | 2023-06-15 |
52wk Low | 7.2 | 52wk Low Date | 2024-03-13 |
Average Volume | 13,149,738 |