ProShares Bitcoin ETF BITO
NYSEArca • Real-Time Technical Indicators & Signals • Currency: USD
Automated Algorithmic Diagnosis
REAL-TIMEAlgorithmic Technical Summary for ProShares Bitcoin ETF (BITO): As of current market pricing, BITO is trading at $11.28 (-0.05 (-0.44%)). Technical indicator diagnostics show a 14-day Relative Strength Index (RSI) of 62.62, indicating a Bullish Momentum condition. The daily MACD (Moving Average Convergence Divergence) indicator is currently registered at 0.36 versus the signal line of 0.39, giving a histogram reading of -0.03 (Bearish Pressure). From a structural trend perspective, BITO is trading +1.35% above its 200-day exponential moving average ($11.13), classifying the prevailing institutional trend bias as Bullish Trend Structure.
BITO Price & Trend Overlay (Last 90 Days)
Technical Indicators & Market Metrics Table
| Indicator / Metric | Current Value | Technical Status | Market Interpretation |
|---|---|---|---|
| RSI (14) | 62.62 | Bullish Momentum | RSI at 62.62 confirms healthy bullish momentum without reaching overextended levels. |
| MACD Line (12, 26) | 0.36 | Bearish Pressure | Signal line: 0.39, Histogram: -0.03 |
| 20-Day EMA | $10.93 | Bullish | Short-term momentum guide. Price is holding above $10.93. |
| 50-Day EMA | $10.3 | Bullish | Medium-term trend indicator. Institutional support/resistance band. |
| 200-Day EMA | $11.13 | Long-Term Uptrend | Major institutional baseline. Distance to 200 EMA: +1.35%. |
| Average True Range (ATR 14) | $0.32 | Volatility | Expected average daily dollar price fluctuation. |
| 52-Week Range | $7.87 - $20.91 | Annual Range | Current price is $11.28 within the 52-week envelope. |
| Volume vs 30d Avg | 88.99M / 81.33M | Liquidity | Market Cap: N/A • P/E Ratio: N/A |
🔥 Market Movers & Technical Indicator Setups Today
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Frequently Asked Questions about ProShares Bitcoin ETF (BITO)
Q: What is BITO's RSI (Relative Strength Index) today?
As of today, ProShares Bitcoin ETF (BITO) has a 14-day RSI of 62.62. This indicates a Bullish Momentum condition. Traders use RSI readings below 30 to identify oversold conditions and readings above 70 to identify overbought conditions.
Q: Is BITO's MACD indicator bullish or bearish?
The daily MACD line for BITO is currently 0.36 compared to its 9-day signal line of 0.39, generating a histogram difference of -0.03. This translates to a Bearish Pressure signal.
Q: Where is BITO trading relative to its 200-day EMA?
BITO is currently trading at $11.28, which is +1.35% above its 200-day exponential moving average of $11.13. Staying above the 200 EMA is considered a primary benchmark for institutional bull market trends.
Q: What are key support and resistance levels for BITO?
Immediate support sits around the 20-day EMA ($10.93) and recent 20-day swing low ($10.22). Immediate resistance is marked near the 20-day high ($11.62) and the 52-week high of $20.91.