Technical Analysis for BITI - Betapro Inverse Bitcoin ETF

Grade Last Price % Change Price Change
F 5.130 -4.11% -0.220
BITI closed down 4.11 percent on Thursday, April 18, 2024, on 82 percent of normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
2 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Up

Date Alert Name Type % Chg
Upper Bollinger Band Walk Strength 0.00%
Weak + Overbought Other 0.00%
Overbought Stochastic Strength 0.00%
Gapped Down Weakness 0.00%
50 DMA Resistance Bearish -4.11%
Upper Bollinger Band Walk Strength -4.11%
Weak + Overbought Other -4.11%
Above Upper BB Strength -4.11%
Overbought Stochastic Strength -4.11%
Up 3 Days in a Row Strength -4.11%

   Recent Intraday Alerts

Alert Time
Down 5% about 20 hours ago
Down 1 ATR about 21 hours ago
Fell Below Previous Day's Low about 21 hours ago
Down 3% about 21 hours ago
Gap Down Partially Closed about 21 hours ago

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Profile

BetaPro Inverse Bitcoin ETF is an exchange traded fund launched and managed by Horizons ETFs Management (Canada) Inc. The fund invests in Bitcoins. It takes short positions and uses derivatives such as futures contracts to invest in Bitcoins. The fund seeks to replicate the performance of the Horizons Bitcoin Front Month Rolling Futures Index (Excess Return). BetaPro Inverse Bitcoin ETF is domiciled in Canada.
Classification

Keywords: Exchange Traded Funds Inverse Exchange Traded Fund Cryptocurrencies Bitcoin Payment Systems Horizons Etfs Digital Currencies Economics Of Bitcoin

Is BITI a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 14.2
52 Week Low 4.45
Average Volume 309,867
200-Day Moving Average 9.342
50-Day Moving Average 5.386
20-Day Moving Average 4.848
10-Day Moving Average 4.902
Average True Range 0.260
RSI (14) 51.92
ADX 20.19
+DI 36.207
-DI 25.478
Chandelier Exit (Long, 3 ATRs) 4.701
Chandelier Exit (Short, 3 ATRs) 5.239
Upper Bollinger Bands 5.330
Lower Bollinger Band 4.367
Percent B (%b) 0.79
BandWidth 19.871
MACD Line -0.059
MACD Signal Line -0.178
MACD Histogram 0.1189
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 5.430
Resistance 3 (R3) 5.443 5.357 5.380
Resistance 2 (R2) 5.357 5.280 5.350 5.363
Resistance 1 (R1) 5.243 5.233 5.200 5.230 5.347
Pivot Point 5.157 5.157 5.135 5.150 5.157
Support 1 (S1) 5.043 5.080 5.000 5.030 4.913
Support 2 (S2) 4.957 5.033 4.950 4.897
Support 3 (S3) 4.843 4.957 4.880
Support 4 (S4) 4.830