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BITU
ETF ticker: NYSE ARCA
AS OF
Jun 3, 02:21 PM (EDT)
Price
$51.34
Change
+$1.65 (+3.32%)
Net Assets
40

BITU ProShares Ultra Bitcoin ETF Forecast, Technical & Fundamental Analysis

The investment seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Bloomberg Bitcoin Index... Show more

BITU
Daily Signalchanged days ago
Gain/Loss if bought
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A.I.Advisor
a Summary for BITU with price predictions
Jun 02, 2025

BITU's RSI Indicator leaves overbought zone

The 10-day RSI Indicator for BITU moved out of overbought territory on May 28, 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 3 instances where the indicator moved out of the overbought zone. In of the 3 cases the stock moved lower in the days that followed. This puts the odds of a move down at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on June 02, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on BITU as a result. In of 17 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 BITU turned negative on May 29, 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 10 similar instances when the indicator turned negative. In of the 10 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 BITU declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

BITU broke above its upper Bollinger Band on May 13, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Bullish Trend Analysis

The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.

The 10-day moving average for BITU crossed bullishly above the 50-day moving average on April 28, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 1 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. 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 BITU advanced for three days, in of 56 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 47 cases where BITU Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

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BITU
Daily Signalchanged days ago
Gain/Loss if bought
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A.I. Advisor
published General Information

General Information

Category Digitalccurrency

Profile
Fundamentals
Details
Category
Digital Assets
Address
ProShares Trust7501 Wisconsin Avenue,Suite 1000Bethesda
Phone
N/A
Web
www.proshares.com
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BITU and ETFs

Correlation & Price change

A.I.dvisor indicates that over the last year, BITU has been closely correlated with FBTC. These tickers have moved in lockstep 100% of the time. This A.I.-generated data suggests there is a high statistical probability that if BITU jumps, then FBTC could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To BITU
1D Price
Change %
BITU100%
-0.25%
FBTC - BITU
100%
Closely correlated
-0.20%
ARKB - BITU
100%
Closely correlated
-0.08%
IBIT - BITU
100%
Closely correlated
-0.17%
GBTC - BITU
98%
Closely correlated
-0.15%
ETHE - BITU
79%
Closely correlated
-1.59%