BITO ProShares Bitcoin ETF Forecast, Technical & Fundamental Analysis
The investment seeks investment results,before fees and expenses,that correspond to the performance of bitcoin... Show more
BITO's RSI Oscillator recovers from overbought zone
The 10-day RSI Indicator for BITO moved out of overbought territory on May 29, 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 17 instances where the indicator moved out of the overbought zone. In of the 17 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 Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
The Momentum Indicator moved below the 0 level on June 23, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on BITO as a result. In of 72 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for BITO turned negative on May 30, 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 32 similar instances when the indicator turned negative. In of the 32 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 BITO declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for BITO entered a downward trend on June 27, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where BITO advanced for three days, in of 197 cases, the price rose further within the following month. The odds of a continued upward trend are .
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General Information
Category Digitalccurrency
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| TBDQX | 20.50 | 0.15 | +0.74% |
| PGIM Jennison Diversified Growth R6 | |||
| FVADX | 59.71 | 0.28 | +0.47% |
| Franklin Small Cap Value Adv | |||
| VEIEX | 31.29 | 0.04 | +0.13% |
| Vanguard Emerging Mkts Stock Idx Inv | |||
| CSHAX | 11.50 | -0.01 | -0.09% |
| NYLI Cushing® MLP Premier Class A | |||
| SFVLX | 15.46 | -0.05 | -0.32% |
| Seafarer Overseas Value Investor | |||
BITO and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, BITO has been closely correlated with DEFI. These tickers have moved in lockstep 100% of the time. This A.I.-generated data suggests there is a high statistical probability that if BITO jumps, then DEFI could also see price increases.
| Ticker / NAME | Correlation To BITO | 1D Price Change % | ||
|---|---|---|---|---|
| BITO | 100% | -0.79% | ||
| DEFI - BITO | 100% Closely correlated | +4.54% | ||
| FBTC - BITO | 99% Closely correlated | -0.71% | ||
| BITC - BITO | 99% Closely correlated | +0.03% | ||
| IBIT - BITO | 98% Closely correlated | -0.69% | ||
| ARKB - BITO | 98% Closely correlated | -0.73% | ||
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