Proshares Ultra Bitcoin Etf (BITU) Technical Analysis

$52.36▲7.71%

Insights

Proshares Ultra Bitcoin Etf is currently in a neutral trading position 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 downtrend↘️
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	43.68	Neutral
Stochastic	26.09, 20.6	Neutral
Ultimate Oscillator	49.46	Neutral
Stochastic Relative Strength Index	24.97, 23.49	Neutral
Moving Average Convergence Divergence	-1.95, -1.26	Neutral

Moving Averages

Simple Moving Average

Period (Days)	Value	Action
10	48.82	Sell
20	53.43	Buy
50	53.31	Sell

Exponential Moving Average

Period (Days)	Value	Action
10	49.58	Sell
20	51.4	Sell
50	53.29	Sell

Volume Weighted Moving Average

Period (Days)	Value	Action
10	48.51	Buy
20	52.8	Neutral
50	52.92	Neutral

Double Exponential Moving Average

Period (Days)	Value	Action
10	47.3	Sell
20	49.07	Sell
50	51.65	Sell

Triple Exponential Moving Average

Period (Days)	Value	Action
10	46.83	Sell
20	47.56	Sell
50	50.38	Sell

Pivot

Pivot	Value
Resistance L3	51.69
Resistance L2	50.48
Resistance L1	49.39
Pivot Point	48.18
Support L1	47.09
Support L2	45.88
Support L3	44.79

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