Stock Symbol:   

Stoxline Mobile
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ProShares Bitcoin Strategy ETF (BITO)

14.84   -0.05 (-0.34%) 06-09 13:36
Open: 14.99 Pre. Close: 14.89
High: 15 Low: 14.79
Volume: 3,216,559 Market Cap: 0(M)

Technical analysis

as of: 2023-06-09 1:13:38 PM
Short-term rate:       
Stoxline posted a SELL today, downgraded from higher rating. Downward movement to be expected.
Mid-term rate:       
Target: Six months: 18.77     One year: 20.14
Support: Support1: 14.17    Support2: 11.79
Resistance: Resistance1: 16.07    Resistance2: 17.24
Pivot: 15.24
Moving Average: MA(5): 14.81     MA(20): 15.33
MA(100): 15.56     MA(250): 13.52
MACD: MACD(12,26): -0.4     Signal(9): -0.4
Stochastic oscillator: %K(14,3): 33.4     %D(3): 34.5
RSI: RSI(14): 43.3
52-week: High: 18.38  Low: 9.47
Average Vol(K): 3-Month: 10,029 (K)  10-Days: 7,069 (K)

Price, moving averages 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 NEUTRAL in mid-long term.
[ BITO ] has closed above bottom band by 24.9%. Bollinger Bands are 44.5% 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 9 bars. This is a sign that the market may be about to initiate a new trend.

Stock Price Prediction

Update at 5:00pm EST
If tomorrow: Open lower Open higher
High: 15.07 - 15.14 15.14 - 15.21
Low: 14.56 - 14.64 14.64 - 14.71
Close: 14.76 - 14.89 14.89 - 15.01

Company Description

The fund adviser seeks to provide capital appreciation primarily through managed exposure to bitcoin futures contracts. The fund does not invest directly in bitcoin. The fund adviser will generally hold its bitcoin futures contracts during periods in which the value of bitcoin or bitcoin futures are flat or declining as well as during periods in which the value of bitcoin or bitcoin futures is rising. In order to maintain exposure to bitcoin futures contracts, it must sell its futures contracts as they near expiration and replace them with new futures contracts with a later expiration date. It is non-diversified.

Headline News

Thu, 08 Jun 2023
BITO ETF Offers Regulated Way To Ride Next Bitcoin Rally - Seeking Alpha

Wed, 07 Jun 2023
Cryptocurrencies: Bitcoin Finishes May Down 7.0% - Nasdaq

Tue, 06 Jun 2023
Bitcoin ETFs slump this week after SEC charges in crypto industry - MarketWatch

Mon, 05 Jun 2023
7 Best Cryptocurrency ETFs to Buy - WTOP

Tue, 30 May 2023
ProShares’ Bitcoin Futures ETF Underperforms BTC This Year: K33 Research - CoinDesk

Tue, 30 May 2023
Bitcoin (BTC) To Hit $30K As Early Signs Of Institutional Buying ... - CoinGape

Financial Analysis

Price to Book Value: Neutral
P/BV, a ratio used to compare book value to its current market price, to gauge whether a stock is valued properly.
Price to Earnings: Neutral
PE, the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS).
Discounted cash flow: Neutral
DCF, a valuation method used to estimate the value of an investment based on its expected future cash flows.
Return on Assets: Neutral
ROA, indicates how profitable a company is in relation to its total assets, how efficiently uses assets to generate a profit.
Return on Equity: Neutral
ROE, a measure of financial performance calculated by dividing net income by equity. a gauge of profitability and efficiency.
Debt to Equity: Neutral
evaluate financial leverage, reflects the ability of equity to cover outstanding debts in the event of a business downturn.
Free Technical Analysis Charts

Stock Basics & Statistics

Exchange:  AMEX
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 Est Next Qtl 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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