Technical Analysis for EBIT - Bitcoin ETF

Grade Last Price % Change Price Change
D 31.050 -2.51% -0.800
EBIT closed down 2.51 percent on Monday, April 29, 2024, on 42 percent of normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation.
1 Watcher
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Fell Below 50 DMA Bearish 0.00%
Hammer Candlestick Bullish 0.00%
Gapped Down Weakness 0.00%
MACD Bearish Centerline Cross Bearish -2.51%
50 DMA Support Bullish -2.51%
Gapped Down Weakness -2.51%
50 DMA Support Bullish -2.73%
Gapped Down Weakness -2.73%
Shooting Star Candlestick Bearish -5.31%
NR7 Range Contraction -5.31%

   Recent Intraday Alerts

Alert Time
Down 1 ATR about 19 hours ago
Gapped Down (Full) about 19 hours ago
Fell Below Previous Day's Low about 19 hours ago
Down 3% about 19 hours ago
Down 2% about 19 hours ago

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Profile

EBIT provides investors with exposure to the daily price movements of the U.S. dollar price of bitcoin while experiencing minimal tracking error by utilizing the benefits of the creation and redemption processes offered by the exchange traded fund structure. EBIT offers investors exposure to bitcoin by investing directly in bitcoin, with EBIT’s holdings of bitcoin priced based on the CME CF Bitcoin Reference Rate, a once-a-day benchmark index price for bitcoin denominated in U.S. dollars.
Classification

Keywords: Currency Cryptocurrencies Bitcoin Payment Systems Digital Currencies

Is EBIT 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 35.87
52 Week Low 12.09
Average Volume 97,975
200-Day Moving Average 20.817
50-Day Moving Average 31.862
20-Day Moving Average 32.623
10-Day Moving Average 31.759
Average True Range 1.301
RSI (14) 44.75
ADX 18.64
+DI 21.015
-DI 37.089
Chandelier Exit (Long, 3 ATRs) 31.498
Chandelier Exit (Short, 3 ATRs) 33.732
Upper Bollinger Bands 35.203
Lower Bollinger Band 30.043
Percent B (%b) 0.2
BandWidth 15.817
MACD Line -0.104
MACD Signal Line 0.184
MACD Histogram -0.2879
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 32.070
Resistance 3 (R3) 31.980 31.550 31.900
Resistance 2 (R2) 31.550 31.290 31.595 31.843
Resistance 1 (R1) 31.300 31.130 31.425 31.390 31.787
Pivot Point 30.870 30.870 30.933 30.915 30.870
Support 1 (S1) 30.620 30.610 30.745 30.710 30.313
Support 2 (S2) 30.190 30.450 30.235 30.257
Support 3 (S3) 29.940 30.190 30.200
Support 4 (S4) 30.030