ProShares Bitcoin ETF (BITO)
NYSEArca
Scores are generated from technical indicators for educational purposes and are not a recommendation to buy or sell.
Price history
Daily closes and volumeAI Analysis Generated from the indicator readings below. Educational only.
ProShares Bitcoin ETF is trading at $10.32, down 4.18% on the session. The 50 day average sits at $10.70 and the 200 day at $10.02, which puts the stock in a uptrend. RSI is at 47.5, which reads as neutral, and MACD is bearish crossover. Volume is below average.
The nearest support is around $10.74 with resistance near $10.91, so that band frames the current range. Average daily movement is roughly $0.29, or about 2.8% of the share price, which is what any stop placement has to allow for. The overall health score of 76 out of 100 combines a trend score of 100, momentum of 38 and a risk score of 89.
Technical indicators
About ProShares Bitcoin ETF
The fund adviser seeks to achieve its investment objective primarily through managed exposure to bitcoin futures contracts. The fund does not invest directly in bitcoin. The fund adviser will generally hold its bitcoin futures contracts during periods in which the value of bitcoin and bitcoin futures are flat or declining as well as during periods in which the value of bitcoin or bitcoin futures is rising. It is non-diversified.