Proshares Ultra Bitcoin Etf (BITU) Technical Analysis

$63.27▲2.63%

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 a good time to sell or bad time to initiate a fresh position
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	69.05	Sell
Stochastic	99.54, 97.59	Neutral
Ultimate Oscillator	77.24	Sell
Stochastic Relative Strength Index	100.0, 90.23	Neutral
Moving Average Convergence Divergence	1.89, 1.05	Buy

Moving Averages

Simple Moving Average

Period (Days)	Value	Action
10	53.68	Buy
20	51.93	Buy
50	50.71	Buy

Exponential Moving Average

Period (Days)	Value	Action
10	54.72	Buy
20	53.01	Buy
50	50.04	Buy

Volume Weighted Moving Average

Period (Days)	Value	Action
10	54.2	Buy
20	52.09	Buy
50	51.26	Buy

Double Exponential Moving Average

Period (Days)	Value	Action
10	57.22	Buy
20	55.27	Buy
50	54.0	Buy

Triple Exponential Moving Average

Period (Days)	Value	Action
10	58.79	Buy
20	55.98	Buy
50	55.85	Buy

Pivot

Pivot	Value
Resistance L3	61.71
Resistance L2	59.59
Resistance L1	58.27
Pivot Point	56.15
Support L1	54.83
Support L2	52.71
Support L3	51.39

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