PROSHRS BIT&ET E W ETF-USD I (BETE) Stock Technical Analysis
USA - NYSEARCA:BETE - US74349Y4070 - ETF
Overall BETE gets a technical rating of 0 out of 10. BETE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of BETE is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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62.21
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 72.14 to 72.81. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @80.22 from a trend line in the daily time frame.
- Resistance @85.35 from a horizontal line in the daily time frame.
- Resistance @93.28 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for BETE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BETE is down. |
| ChartMill Relative Strength | 15.18 | NEGATIVE | BETE has a low relative strength, it was outperformed by 84.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BETE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BETE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BETE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.24 | NEUTRAL | The RSI value for BETE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.08 | NEGATIVE | The MACD value suggests BETE has a negative trend. |
| Stochastics (14,3) | 6.4 | OVERSOLD | The low Stochastics value suggests BETE may be oversold. |
| Average True Range in percent/ATR (20) | 5.26 | HIGH VOLATILITY | The high ATR as a percentage value for BETE suggests high volalility. |
| Average Directional Index/ADX (14) | 22.79 | NEUTRAL | The ADX value for BETE suggests a possible start of a new trend. |
NYSEARCA:BETE (11/5/2025, 8:04:00 PM)
62.8353
+3.38 (+5.68%)
PROSHRS BIT&ET E W ETF-USD I / BETE FAQ
Can you provide the ChartMill technical rating for PROSHRS BIT&ET E W ETF-USD I?
ChartMill assigns a technical rating of 0 / 10 to BETE.
Can you provide the trend direction for PROSHRS BIT&ET E W ETF-USD I?
The current trend direction for PROSHRS BIT&ET E W ETF-USD I (BETE) is Bearish.
Can you provide the RSI signal for PROSHRS BIT&ET E W ETF-USD I?
PROSHRS BIT&ET E W ETF-USD I (BETE) has an RSI value of 36.2358. This indicates that the stock is currently neutral.
Can you provide the short term momentum for PROSHRS BIT&ET E W ETF-USD I?
The short term momentum for PROSHRS BIT&ET E W ETF-USD I (BETE) is negative.
What is the support and resistance level for BETE stock?
PROSHRS BIT&ET E W ETF-USD I (BETE) has a resistance level at 72.14. Check the full technical report for our detailed analysis of BETE support and resistance levels.