PROSHRS BIT&ET E W ETF-USD I (BETE) Stock Technical Analysis
USA - NYSEARCA:BETE - US74349Y4070 - ETF
82.5289 USD
-2.24 (-2.64%)
Overall BETE gets a technical rating of 8 out of 10. In the last year, BETE was one of the better performers, but we do observe some doubts in the very recent evolution.
Warning: BETE has an average volume of 3996 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that BETE is one of the better performing stocks in the market, outperforming 85% of all stocks.
BETE is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BETE is lagging the market slightly.
In the last month BETE has a been trading in the 78.91 - 93.13 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BETE has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 80.42, a Stop Loss order could be placed below this zone.
More info and screens
78.31
95.75
When analyzing the support we notice one important area.
- A support zone ranging from 79.10 to 80.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 82.67 to 83.76. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 93.28 to 93.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @94.80 from a horizontal line in the daily 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 | UP | POSITIVE | The long term trend for BETE is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BETE is neutral. |
| ChartMill Relative Strength | 85.89 | POSITIVE | BETE has a high relative strength, it outperformed 85.89% 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) | UP | MIXED | The current price of BETE is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BETE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.69 | NEUTRAL | The RSI value for BETE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests BETE has a negative trend. |
| Stochastics (14,3) | 61.62 | NEUTRAL | The Stochastics value for BETE is a neutral value. |
| Average True Range in percent/ATR (20) | 3.37 | MEDIUM VOLATILITY | The ATR as a percentage value for BETE suggests some volalility. |
| Average Directional Index/ADX (14) | 11.29 | NEGATIVE | The low ADX value for BETE suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 83.77 | 79.51 | 4.27 (5.09%) | 19.64% |
| An entry @83.77. This is a Buy Stop order right above the resistance zone. | An exit @79.50. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 4.27 points, which is 5.09%. | For a 1.00% total portfolio risk, you can invest 19.64% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSEARCA:BETE (9/19/2025, 8:04:02 PM)
82.5289
-2.24 (-2.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.64%
1 Week-3.31%
2 Weeks2.94%
1 Month-2.27%
3 Month27.04%
6 Month51.87%
12 Month40.4%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.26
ATR(20)%3.37%
ATR Inc-14.24%
Range Today1.39
ADR(20)1.51
ADR(20)%1.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.89
Mansfield0.41
10 Day High85.35
10 Day Low79.52
20 Day High93.13
20 Day Low78.91
52 Week High95.56
52 Week Low44.83
CS1 End80.42
CR1 Start82.67
Volume & EV
DER(3)0.14%
DER(5)0.08%
Volume4.60K
Volume Incr-33.68%
Vol(5)2.68K
Vol(50)4.00K