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ProShares Bitcoin ETF

BITO Technical Analysis Summary (AMEX)

Analyze BITO on the AMEX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

BITO●AMEX
Financial ServicesAsset Management
$8.79
$0.09(1.03%)
U.S. Market opens in 60h 8m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

BITO Technical Analysis Summary (AMEX)

ProShares Bitcoin ETF (AMEX: BITO) stock currently shows a neutral trend on the AMEX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 51.85)
Trend Strength:Weak (ADX: 13.29)
Volatility:Medium (ATR: 0.22)
Support/Resistance:$8.47 – $8.98 (Bollinger Bands)

Technical conditions suggest ProShares Bitcoin ETF on the AMEX is awaiting a decisive move. Technical conditions suggest ProShares Bitcoin ETF is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 51.85

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 49.74

Neutral
Mid-range signal with no clear trend.

Williams %R: -44.62

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -0.34

Neutral
Price change is minimal.

Takeaway:ProShares Bitcoin ETF shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.02

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 13.29

Weak
Weak trend, market trading sideways.

ATR (14): 0.22

Low
Low volatility, stable price action.

CCI (14): 32.22

Bullish
Bullish, momentum building upward.

Takeaway:ProShares Bitcoin ETF shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$8.98
Middle Band (SMA 20)
$8.73
Lower Band
$8.47
Current Position
Within Bands

Takeaway:ProShares Bitcoin ETF trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$9.15
Middle Line (EMA 20)
$8.70
Lower Channel
$8.26
Squeeze Status
Squeeze On

Takeaway:ProShares Bitcoin ETF trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-837.17M
Money Flow Index52.07Neutral, balanced money flows with no clear signal.
Relative Vigor Index57.61Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:BITO shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of ProShares Bitcoin ETF (AMEX: BITO), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:ProShares Bitcoin ETF shows a Neutral outlook — indicators suggest balanced momentum with no clear directional trend.

(AMEX: BITO) Technical Analysis FAQ