BITC Stock Tickeron detected bearish ETF Pattern: Flag BITC on March 24, 2025, netting in a 1.38% gain over 3 weeks

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BITC - Bitwise Trendwise Bitcoin&TreasRotaStrat

Ticker: BITC

Company: Bitwise Trendwise Bitcoin&TreasRotaStrat

Gain from shorting: +1.38%

Confirmed: 03/24/25

Succeeded: 03/27/25

Total length: 27 days

Momentum Indicator for BITC turns negative, indicating new downward trend

BITC saw its Momentum Indicator move below the 0 level on March 26, 2025. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 38 similar instances where the indicator turned negative. In of the 38 cases, the stock moved further down in the following days. The odds of a decline are at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Moving Average Convergence Divergence Histogram (MACD) for BITC turned negative on March 26, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 18 similar instances when the indicator turned negative. In of the 18 cases the stock turned lower in the days that followed. This puts the odds of success at .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where BITC declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Bullish Trend Analysis

The RSI Indicator shows that the ticker has stayed in the oversold zone for 15 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an Uptrend is expected.

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 16 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where BITC advanced for three days, in of 109 cases, the price rose further within the following month. The odds of a continued upward trend are .

BITC may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

The Aroon Indicator entered an Uptrend today. In of 124 cases where BITC Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .