Technical Analysis for BITI - Betapro Inverse Bitcoin ETF

Grade Last Price % Change Price Change
F 3.240 -4.71% -0.160
BITI closed down 4.71 percent on Friday, November 15, 2024, on 1.42 times normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
0 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
New 52 Week Closing Low Bearish 0.00%
180 Bearish Setup Bearish Swing Setup 0.00%
Calm After Storm Range Contraction 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Inside Day Range Contraction 0.00%
Wide Bands Range Expansion 0.00%
Gapped Down Weakness 0.00%
Oversold Stochastic Weakness 0.00%
New Downtrend Bearish -4.71%
Lower Bollinger Band Walk Weakness -4.71%

   Recent Intraday Alerts

Get this analysis on your stocks daily!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

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 9.68
52 Week Low 3.155
Average Volume 237,238
200-Day Moving Average 5.038
50-Day Moving Average 4.529
20-Day Moving Average 4.049
10-Day Moving Average 3.709
Average True Range 0.194
RSI (14) 26.47
ADX 26.79
+DI 15.984
-DI 44.820
Chandelier Exit (Long, 3 ATRs) 4.048
Chandelier Exit (Short, 3 ATRs) 3.737
Upper Bollinger Bands 4.982
Lower Bollinger Band 3.117
Percent B (%b) 0.07
BandWidth 46.062
MACD Line -0.355
MACD Signal Line -0.268
MACD Histogram -0.0875
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 3.465
Resistance 3 (R3) 3.487 3.433 3.428
Resistance 2 (R2) 3.433 3.376 3.423 3.415
Resistance 1 (R1) 3.337 3.341 3.310 3.315 3.402
Pivot Point 3.283 3.283 3.270 3.273 3.283
Support 1 (S1) 3.187 3.226 3.160 3.165 3.078
Support 2 (S2) 3.133 3.191 3.123 3.065
Support 3 (S3) 3.037 3.133 3.053
Support 4 (S4) 3.015