BETAPRO INVERSE BITCOIN ETF (BITI-U.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:BITI-U - CA0866242021 - ETF
Taking everything into account, BITI-U scores 5 out of 10 in our technical rating. BITI-U has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
BITI-U has an average technical rating and also the quality of the setup is only medium 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
12.01
We found 2 important support areas.
- Support @14.10 from a horizontal line in the daily time frame.
- Support @12.13 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @15.14 from a trend line in the daily time frame.
- A resistance zone ranging from 15.51 to 15.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for BITI-U.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BITI-U.CA is up. |
| ChartMill Relative Strength | 13.22 | NEGATIVE | BITI-U.CA has a low relative strength, it was outperformed by 86.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BITI-U.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BITI-U.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BITI-U.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.93 | NEUTRAL | The RSI value for BITI-U.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests BITI-U.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.32 | NEUTRAL | The Stochastics value for BITI-U.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.03 | MEDIUM VOLATILITY | The ATR as a percentage value for BITI-U.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 25.57 | POSITIVE | The high ADX value value for BITI-U.CA suggests a strong trend. |
TSX:BITI-U (12/19/2025, 7:00:00 PM)
14.7
+0.31 (+2.15%)
BETAPRO INVERSE BITCOIN ETF / BITI-U.CA FAQ
What is the ChartMill technical rating of BETAPRO INVERSE BITCOIN ETF (BITI-U.CA) stock?
ChartMill assigns a technical rating of 5 / 10 to BITI-U.CA.
Can you provide the trend direction for BETAPRO INVERSE BITCOIN ETF?
The current trend direction for BETAPRO INVERSE BITCOIN ETF (BITI-U.CA) is Bearish.
What is the RSI signal for BITI-U stock?
BETAPRO INVERSE BITCOIN ETF (BITI-U.CA) has an RSI value of 57.9263. This indicates that the stock is currently neutral.
Can you provide the MACD signal for BETAPRO INVERSE BITCOIN ETF?
The MACD indicator for BETAPRO INVERSE BITCOIN ETF (BITI-U.CA) has a value of 0.0843357, indicating a bearish trend.
Can you provide the short term momentum for BETAPRO INVERSE BITCOIN ETF?
The short term momentum for BETAPRO INVERSE BITCOIN ETF (BITI-U.CA) is positive.