PROSHARES BIT&ET MKT C W ETF (BETH) Stock Technical Analysis
NYSEARCA:BETH - NYSE Arca - US74349Y3080 - ETF - Currency: USD
We assign a technical rating of 8 out of 10 to BETH. In the last year, BETH was one of the better performers, but we do observe some doubts in the very recent evolution.
Warning: BETH has an average volume of 4158 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 may just continue or reversal may be around the corner!
Looking at the yearly performance, BETH did better than 82% of all other stocks. On top of that, BETH also shows a nice and consistent pattern of rising prices.
BETH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BETH is lagging the market.
In the last month BETH has a been trading in the 82.05 - 91.66 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although BETH has an excellent technical rating, it does not offer a high 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.
More info and screens
70.95
97.72
When analyzing the support we can see 4 important areas.
- A support zone ranging from 82.86 to 83.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @80.44 from a trend line in the daily time frame.
- A support zone ranging from 77.11 to 77.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @71.67 from a trend line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 86.78 to 88.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 90.63 to 91.22. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @93.95 from a horizontal line in the daily time frame.
- Resistance @96.75 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 | UP | POSITIVE | The long term trend for BETH is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BETH is neutral. |
| ChartMill Relative Strength | 82.36 | POSITIVE | BETH has a high relative strength, it outperformed 82.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BETH is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BETH is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BETH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.88 | NEUTRAL | The RSI value for BETH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.9 | NEGATIVE | The MACD value suggests BETH has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.1 | NEUTRAL | The Stochastics value for BETH is a neutral value. |
| Average True Range in percent/ATR (20) | 2.71 | MEDIUM VOLATILITY | The ATR as a percentage value for BETH suggests some volalility. |
| Average Directional Index/ADX (14) | 21.36 | NEUTRAL | The ADX value for BETH suggests a possible start of a new 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)
NYSEARCA:BETH (8/8/2025, 3:27:08 PM)
86.32
+0.15 (+0.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.17%
1 Week-3.65%
2 Weeks-5.53%
1 Month2.63%
3 Month7.08%
6 Month6.52%
12 Month40%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.24
ATR(20)%2.71%
ATR Inc-11.94%
Range Today0.65
ADR(20)1.47
ADR(20)%1.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.36
Mansfield0.38
10 Day High91.66
10 Day Low82.05
20 Day High91.66
20 Day Low82.05
52 Week High101.33
52 Week Low53
CS1 End83.62
CR1 Start86.78
Volume & EV
DER(3)-4.48%
DER(5)-3.95%
Volume1.97K
Volume Incr35.35%
Vol(5)4.48K
Vol(50)4.16K