TSX:BITI-U - CA0866242021 - ETF
Taking everything into account, BITI-U scores 0 out of 10 in our technical rating. 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 technical rating of BITI-U is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
11.20
We found 1 important support area.
When analyzing the resistance we notice one important area.
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 BITI-U.CA is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BITI-U.CA is down. |
ChartMill Relative Strength | 2.74 | NEGATIVE | BITI-U.CA has a low relative strength, it was outperformed by 97.26% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BITI-U.CA is above a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BITI-U.CA is below 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) | 43.24 | NEUTRAL | The RSI value for BITI-U.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests BITI-U.CA has a positive trend. |
Stochastics (14,3) | 42.28 | NEUTRAL | The Stochastics value for BITI-U.CA is a neutral value. |
Average True Range in percent/ATR (20) | 1.82 | LOW VOLATILITY | The low ATR as a percentage value for BITI-U.CA suggests low volalility. |
Average Directional Index/ADX (14) | 32.93 | POSITIVE | The high ADX value value for BITI-U.CA suggests a strong trend. |
TSX:BITI-U (8/22/2025, 7:00:00 PM)
11.99
+0.47 (+4.08%)