FBTC Fidelity Wise Origin Bitcoin ETF Forecast, Technical & Fundamental Analysis

FBTC's MACD Histogram just turned positive

The Moving Average Convergence Divergence (MACD) for FBTC turned positive on January 17, 2025. Looking at past instances where FBTC's MACD turned positive, the stock continued to rise in of 6 cases over the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on January 14, 2025. You may want to consider a long position or call options on FBTC as a result. In of 17 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 FBTC advanced for three days, in of 55 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 13 cases where FBTC's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

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

FBTC broke above its upper Bollinger Band on January 17, 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.

The Aroon Indicator for FBTC entered a downward trend on January 23, 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.