PROSHARES ULTRA BITCOIN ETF (BITU) Stock Technical Analysis
USA - NYSEARCA:BITU - US74349Y7040 - ETF
Taking everything into account, BITU scores 0 out of 10 in our technical rating. BITU 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 BITU 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
29.92
3 important resistance areas can be observed.
- Resistance @39.70 from a trend line in the daily time frame.
- Resistance @60.91 from a horizontal line in the weekly time frame.
- Resistance @63.41 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The long term trend for BITU is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BITU is down. |
| ChartMill Relative Strength | 5.33 | NEGATIVE | BITU has a low relative strength, it was outperformed by 94.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BITU is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BITU is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BITU is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 29.72 | OVERSOLD | The low RSI value suggests BITU may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1 | NEGATIVE | The MACD value suggests BITU has a negative trend. |
| Stochastics (14,3) | 3.95 | OVERSOLD | The low Stochastics value suggests BITU may be oversold. |
| Average True Range in percent/ATR (20) | 11.03 | HIGH VOLATILITY | The high ATR as a percentage value for BITU suggests high volalility. |
| Average Directional Index/ADX (14) | 30.28 | POSITIVE | The high ADX value value for BITU suggests a strong trend. |
NYSEARCA:BITU (11/19/2025, 2:58:17 PM)
30.225
-2.81 (-8.52%)
PROSHARES ULTRA BITCOIN ETF / BITU FAQ
What is the technical rating for BITU stock?
ChartMill assigns a technical rating of 0 / 10 to BITU.
What is the trend direction for BITU stock?
The current trend direction for PROSHARES ULTRA BITCOIN ETF (BITU) is Bearish.
What is the RSI signal for PROSHARES ULTRA BITCOIN ETF (BITU) stock?
PROSHARES ULTRA BITCOIN ETF (BITU) has an RSI value of 29.7234. This indicates that the stock is currently oversold.
What is the MACD signal for BITU stock?
The MACD indicator for PROSHARES ULTRA BITCOIN ETF (BITU) has a value of -1.00483, indicating a bearish trend.
What are the support and resistance levels for PROSHARES ULTRA BITCOIN ETF (BITU) stock?
PROSHARES ULTRA BITCOIN ETF (BITU) has a resistance level at 39.7. Check the full technical report for our detailed analysis of BITU support and resistance levels.