BETAPRO INVERSE BITCOIN ETF (BITI-U.CA) Stock Technical Analysis
TSX:BITI-U - Toronto Stock Exchange - CA0866242021 - ETF - Currency: USD
Overall BITI-U gets a technical rating of 0 out of 10. BITI-U scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, BITI-U is a bad performer in the overall market: 82% of all stocks are doing better.
BITI-U is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month BITI-U has a been trading in the 14.41 - 18.34 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Warning: BITI-U has an average volume of 16453 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Considerably lower volume is observed in the last couple of days.
The technical rating of BITI-U 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.
More info and screens
14.26
18.11
We found 1 important support area.
- Support @14.40 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @17.93 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.54
Mansfield-2.73
10 Day High16.7
10 Day Low14.41
20 Day High18.34
20 Day Low14.41
52 Week High108.29
52 Week Low0
Performance
1 Week-7.35%
2 Weeks-15.99%
1 Month-8.52%
3 Month5.3%
6 Month-34.45%
12 Month-45.34%
2 Year-77.75%
3 Year-81.72%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.29
RSI(14)37.04
LBB13.57
UBB18.35
TSX:BITI-U (4/30/2025, 7:00:00 PM)
14.5
+0.09 (+0.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.62%
1 Week-7.35%
2 Weeks-15.99%
1 Month-8.52%
3 Month5.3%
6 Month-34.45%
12 Month-45.34%
2 Year-77.75%
3 Year-81.72%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.55
ATR(20)%3.58%
ATR Inc-92.11%
Range Today0
ADR(20)0.26
ADR(20)%1.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.54
Mansfield-2.73
10 Day High16.7
10 Day Low14.41
20 Day High18.34
20 Day Low14.41
52 Week High108.29
52 Week Low0
CS1 End14.4
CR1 Start17.93
Volume & EV
DER(3)0%
DER(5)0.07%
Volume100
Volume Incr-45.92%
Vol(5)9.30K
Vol(50)16.45K