stoxline Quote Chart Rank Option Currency Glossary
  
ProShares Trust - ProShares Short Bitcoin Strategy ETF (BITI)
8.51  0.25 (3.03%)    04-17 16:00
Open: 8.31
High: 8.68
Volume: 14,005,264
  
Pre. Close: 8.26
Low: 8.23
Market Cap: 98(M)
Technical analysis
2024-04-17 4:45:19 PM
Short term     
Mid term     
Targets 6-month :  10.13 1-year :  11.84
Resists First :  8.68 Second :  10.13
Pivot price 7.73
Supports First :  7.74 Second :  7.17
MAs MA(5) :  8.01 MA(20) :  7.76
MA(100) :  10.93 MA(250) :  16.34
MACD MACD :  -0.2 Signal :  -0.4
%K %D K(14,3) :  89.2 D(3) :  71.6
RSI RSI(14): 56.3
52-week High :  23.22 Low :  7.17
Price, MAs and Bollinger Bands

Price has closed above its short-term moving average. Short-term moving average is currently below mid-term; and below long-term moving average. From the relationship between price and moving averages: This stock is NEUTRAL in short-term; and BEARISH in mid-long term.
[ BITI ] has closed above the upper band by 5.3%. If price is in a uptrend band; this upward trend in price might continue. However a short term pullback inside the band is likely.Bollinger Bands are 42.7% narrower than normal. The narrow width of the bands suggests low volatility as compared to its normal range. The bands have been in this narrow range for 19 bars. This is a sign that the market may be about to initiate a new trend.

Stock Price Prediction
If tomorrow: Open lower Open higher
High: 8.68 - 8.71 8.71 - 8.74
Low: 8.15 - 8.18 8.18 - 8.22
Close: 8.45 - 8.5 8.5 - 8.55
Company Description

The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the daily target. The fund does not invest directly in bitcoin nor does it directly short bitcoin. Instead, the fund seeks to benefit from decreases in the price of bitcoin futures contracts for a single day. The index measures the performance of the front-month bitcoin futures contract trading on the CME. It is non-diversified.

Headline News

Tue, 02 Apr 2024
ProShares launches two ETFs targeting 2x bitcoin returns - Citywire Professional Buyer

Tue, 02 Apr 2024
ProShares Debuts 2X Leveraged/Inverse Bitcoin ETFs - ETF Trends

Tue, 05 Mar 2024
Spot Bitcoin ETFs Record More Than $10B in Trading Volume - TradingView

Thu, 11 Jan 2024
How The IRS Will Tax Bitcoin ETFs - Forbes

Wed, 10 Jan 2024
ProShares Bitcoin Strategy ETF Hits Over $2.2B in Exposure Value amid Heightened Speculation on Spot ETF - Coinspeaker

Tue, 09 Jan 2024
Bitcoin futures ETF ProShares BITO reaches all-time high of over $2 billion assets - The Block

Financial Analysis
Price to Book Value:
P/BV, a ratio used to compare book value to its current market price, to gauge whether a stock is valued properly.
Neutral
Price to Earnings:
PE, the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS).
Neutral
Discounted cash flow:
DCF, a valuation method used to estimate the value of an investment based on its expected future cash flows.
Neutral
Return on Assets:
ROA, indicates how profitable a company is in relation to its total assets, how efficiently uses assets to generate a profit.
Neutral
Return on Equity:
ROE, a measure of financial performance calculated by dividing net income by equity. a gauge of profitability and efficiency.
Neutral
Debt to Equity:
evaluate financial leverage, reflects the ability of equity to cover outstanding debts in the event of a business downturn.
Neutral
Stock Basics & Statistics
Exchange:
AMEX
Sector:
Financial Services
Industry:
Asset Management - Leveraged
Shares Out 0 (M)
Shares Float 0 (M)
Held by Insiders 0 (%)
Held by Institutions 0 (%)
Shares Short 0 (K)
Shares Short P.Month 0 (K)
Stock Financials
EPS 0
EPS Est Next Qtrly 0
EPS Est This Year 0
EPS Est Next Year 0
Book Value (p.s.) 0
Profit Margin 0 %
Operating Margin 0 %
Return on Assets (ttm) 0 %
Return on Equity (ttm) 0 %
Qtrly Rev. Growth 0 %
Gross Profit (p.s.) 0
Sales Per Share 0
EBITDA (p.s.) 0
Qtrly Earnings Growth 0 %
Operating Cash Flow 0 (M)
Levered Free Cash Flow 0 (M)
Stock Valuations
PE Ratio 0
PEG Ratio 0
Price to Book value 0
Price to Sales 0
Price to Cash Flow 0
Stock Dividends
Dividend 0
Forward Dividend 0
Dividend Yield 0%
Dividend Pay Date Invalid DateTime.
Ex-Dividend Date Invalid DateTime.

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