BITI Stock ProShares Shrt Bitcoin ETF (BITI, $25.41) entered Downtrend as Momentum indicator drops below 0 level on Apr 01, 2025

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BITI - ProShares Shrt Bitcoin ETF

Momentum signal

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Odds of DOWN Trend

Price: $25.41

Daily change: -$0.83 (-3.17%)

Daily volume: 1M

Net Assets: $89.4M

BITI's RSI Indicator recovers from overbought zone

The 10-day RSI Oscillator for BITI moved out of overbought territory on March 11, 2025. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 8 instances where the indicator moved out of the overbought zone. In of the 8 cases the stock moved lower in the days that followed. This puts the odds of a move down at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Moving Average Convergence Divergence Histogram (MACD) for BITI turned negative on March 17, 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 23 similar instances when the indicator turned negative. In of the 23 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 BITI 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 Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 39 cases where BITI's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Momentum Indicator moved above the 0 level on April 03, 2025. You may want to consider a long position or call options on BITI as a result. In of 57 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where BITI advanced for three days, in of 144 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 55 cases where BITI Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .