
USA - NYSEARCA:BITK - US26923Q5568 - ETF
Taking everything into account, BITK scores 3 out of 10 in our technical rating. BITK performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
The technical rating of BITK 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.
19.75
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 | UP | POSITIVE | The long term trend for BITK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BITK is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | BITK has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BITK is below a declining SMA(20). |
| Relative Strength Index/RSI (14) | 34.86 | NEUTRAL | The RSI value for BITK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.79 | NEGATIVE | The MACD value suggests BITK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.82 | OVERSOLD | The low Stochastics value suggests BITK may be oversold. |
| Average True Range in percent/ATR (20) | 4 | MEDIUM VOLATILITY | The ATR as a percentage value for BITK suggests some volalility. |
| Average Directional Index/ADX (14) | 24.86 | NEUTRAL | The ADX value for BITK suggests a possible start of a new trend. |
NYSEARCA:BITK (11/11/2025, 8:04:00 PM)
19.9465
-0.67 (-3.27%)
ChartMill assigns a technical rating of 3 / 10 to BITK.
The current trend direction for TUTL CP IBIT 0DTE CVR CL ETF (BITK) is Bullish.
TUTL CP IBIT 0DTE CVR CL ETF (BITK) has an RSI value of 34.8629. This indicates that the stock is currently neutral.
The MACD indicator for TUTL CP IBIT 0DTE CVR CL ETF (BITK) has a value of -0.791902, indicating a bearish trend.
TUTL CP IBIT 0DTE CVR CL ETF (BITK) has a resistance level at 20.54. Check the full technical report for our detailed analysis of BITK support and resistance levels.