Overall BITU gets a technical rating of 0 out of 10. 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 97% of all other stocks performed better in the past year than BITU.
- BITU is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month BITU has a been trading in the 19.38 - 27.38 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.
- BITU has an average volume of 4789780 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of BITU is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
19.14
3 important resistance areas can be observed.
- A resistance zone ranging from 19.79 to 19.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @21.99 from a trend line in the daily time frame.
- Resistance @25.56 from a trend 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 | 3.2 | NEGATIVE | BITU has a low relative strength, it was outperformed by 96.8% 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) | 33.81 | NEUTRAL | The RSI value for BITU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests BITU has a negative trend. |
| Stochastics (14,3) | 13.67 | OVERSOLD | The low Stochastics value suggests BITU may be oversold. |
| Average True Range in percent/ATR (20) | 7.86 | HIGH VOLATILITY | The high ATR as a percentage value for BITU suggests high volalility. |
| Average Directional Index/ADX (14) | 20.78 | NEUTRAL | The ADX value for BITU suggests a possible start of a new trend. |
NYSEARCA:BITU (1/30/2026, 1:45:09 PM)
19.3301
-0.47 (-2.37%)
PROSHARES ULTRA BITCOIN ETF / BITU FAQ
What is the technical rating for BITU stock?
ChartMill assigns a technical rating of 0 / 10 to BITU.
Can you provide the trend direction for PROSHARES ULTRA BITCOIN ETF?
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 33.8147. This indicates that the stock is currently neutral.
Can you provide the short term momentum for PROSHARES ULTRA BITCOIN ETF?
The short term momentum for PROSHARES ULTRA BITCOIN ETF (BITU) is negative.
What are the support and resistance levels for PROSHARES ULTRA BITCOIN ETF (BITU) stock?
PROSHARES ULTRA BITCOIN ETF (BITU) has a resistance level at 21.99. Check the full technical report for our detailed analysis of BITU support and resistance levels.