2x Bitcoin Strategy ETF (BITX)
Cboe US
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.
2x Bitcoin Strategy ETF is trading at $16.34, down 9.37% on the session. The 50 day average sits at $18.19 and the 200 day at $16.98, which puts the stock in a uptrend. RSI is at 42.6, which reads as weak, and MACD is bearish crossover. Volume is below average.
The nearest support is around $16.76 with resistance near $18.16, so that band frames the current range. Average daily movement is roughly $0.98, or about 6.0% of the share price, which is what any stop placement has to allow for. The overall health score of 53 out of 100 combines a trend score of 80, momentum of 23 and a risk score of 50.
Technical indicators
About 2x Bitcoin Strategy ETF
The fund is an ETF that seeks to achieve its investment objective by investing its assets principally in cash-settled bitcoin futures contracts that trade only on an exchange registered with the Commodity Futures Trading Commission, which currently is the Chicago Mercantile Exchange, and cash,cash-like instruments or high-quality securities that serve as collateral to the fund’s investments in Bitcoin Futures Contracts. The fund is non-diversified.