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Stock Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
ProShares Short Bitcoin ETF (PACF:BITI)
Strong Downtrend (-100) - BITI is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, BITI continues to fall. 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 May 1st, 2025 at 21.7800
The intermediate-term trend has been DOWN since Apr 21st, 2025 at 24.5364
The short-term trend has been DOWN since May 8th, 2025 at 21.7400
Smart Scan Analysis for BITI
Based on our trend formula, BITI is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 21.32 | 21.40 | 20.80 | 20.89 | -1.15 |
| Prev. Close | Volume | Bid | Ask | Time |
| 20.90 | 1652451 | 2025-05-08 15:59:21 |
| 52wk High | 47.95 | 52wk High Date | 2024-08-05 |
| 52wk Low | 20.725 | 52wk Low Date | 2025-01-21 |
| Average Volume | 1,194,892 |