Proshares Ultra Bitcoin Etf (BITU) Technical Analysis

$57.90▲-0.22%

Market is closed - opens 8 PM, 06 Dec 2024

Insights

Proshares Ultra Bitcoin Etf is currently in a favorable trading position ( BUY ) according to technical analysis indicators.
Based on analysis of the Oscillators technical indicator, the current market trend for Proshares Ultra Bitcoin Etf stock suggests that it is range bound and no decision can be made based on this information
Based on analysis of the Moving Averages technical indicator, Proshares Ultra Bitcoin Etf stock is in a uptrend ↗️
Based on analysis of the Pivot Points, the current market trend for Proshares Ultra Bitcoin Etf stock suggests that it is a good time to buy

Analysis Summary

Oscillators

Sell

Neutral

Buy

Moving Averages

Sell

Neutral

Buy

Pivots

Sell

Neutral

Buy

Oscillators

Name	Value	Action
Relative Strength Index	63.75	Sell
Stochastic	64.87, 75.95	Neutral
Ultimate Oscillator	50.54	Neutral
Stochastic Relative Strength Index	25.1, 20.28	Neutral
Moving Average Convergence Divergence	6.27, 6.31	Neutral

Moving Averages

Simple Moving Average

Period (Days)	Value	Action
10	54.24	Buy
20	47.45	Buy
50	35.37	Buy

Exponential Moving Average

Period (Days)	Value	Action
10	52.91	Buy
20	48.22	Buy
50	39.14	Buy

Volume Weighted Moving Average

Period (Days)	Value	Action
10	54.37	Buy
20	46.74	Buy
50	38.62	Buy

Double Exponential Moving Average

Period (Days)	Value	Action
10	56.8	Buy
20	56.71	Buy
50	48.62	Buy

Triple Exponential Moving Average

Period (Days)	Value	Action
10	55.64	Sell
20	58.55	Buy
50	54.56	Buy

Pivot

Pivot	Value
Resistance L3	59.85
Resistance L2	59.08
Resistance L1	57.6
Pivot Point	56.83
Support L1	55.35
Support L2	54.58
Support L3	53.1

*Disclaimer: The content present here is for informational purposes only, you should not construe any such information or other material as investment advisory.