BITQ Bitwise Crypto Industry Innovators ETF Forecast, Technical & Fundamental Analysis
The investment seeks to provide investment results that, correspond generally to the total return performance of the Bitwise Crypto Innovators 30 Index... Show more
Momentum Indicator for BITQ turns negative, indicating new downward trend
BITQ saw its Momentum Indicator move below the 0 level on February 18, 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 66 similar instances where the indicator turned negative. In of the 66 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 BITQ turned negative on February 21, 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 34 similar instances when the indicator turned negative. In of the 34 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 BITQ 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 BITQ entered a downward trend on March 10, 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
The RSI Indicator entered the oversold zone -- be on the watch for BITQ's price rising or consolidating in the future. That's also the time to consider buying the stock or exploring call options.
The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where BITQ advanced for three days, in of 210 cases, the price rose further within the following month. The odds of a continued upward trend are .
BITQ may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
General Information
Category Digitalccurrency
BITQ and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, BITQ has been closely correlated with BKCH. These tickers have moved in lockstep 95% of the time. This A.I.-generated data suggests there is a high statistical probability that if BITQ jumps, then BKCH could also see price increases.
| Ticker / NAME | Correlation To BITQ | 1D Price Change % | ||
|---|---|---|---|---|
| BITQ | 100% | -11.36% | ||
| BKCH - BITQ | 95% Closely correlated | -12.11% | ||
| FDIG - BITQ | 95% Closely correlated | -8.87% | ||
| DAPP - BITQ | 95% Closely correlated | -11.58% | ||
| BLOK - BITQ | 93% Closely correlated | -9.11% | ||
| WGMI - BITQ | 92% Closely correlated | -11.27% | ||
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