Technical Analysis for BRRR - Valkyrie Bitcoin Fund

Grade Last Price % Change Price Change
A 26.71 1.91% 0.50
BRRR closed up 1.91 percent on Wednesday, November 20, 2024, on approximately normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. The bulls were able to push the stock to a new 52-week high. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
NR7 Range Contraction 0.00%
NR7-2 Range Contraction 0.00%
New 52 Week High Strength 0.00%
Wide Bands Range Expansion 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
New 52 Week Closing High Bullish 1.91%
NR7 Range Contraction 1.91%
New 52 Week High Strength 1.91%

   Recent Intraday Alerts

Alert Time
Possible NR7 about 17 hours ago
60 Minute Opening Range Breakdown about 19 hours ago
Gapped Up (Full) about 21 hours ago
Rose Above Previous Day's High about 21 hours ago
New 52 Week High about 21 hours ago

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Profile

In seeking to achieve its investment objective, the Trust will hold bitcoin and will value its Shares daily based on the value of bitcoin as reflected by the index, which is an independently calculated value based on an aggregation of executed trade flow of major bitcoin spot exchanges.
Classification

Keywords: Bitcoin Cryptocurrency Economics Of Bitcoin Grayscale Investments

Is BRRR a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 26.91
52 Week Low 10.95
Average Volume 223,683
200-Day Moving Average 18.27
50-Day Moving Average 19.70
20-Day Moving Average 22.34
10-Day Moving Average 24.83
Average True Range 0.94
RSI (14) 79.59
ADX 36.52
+DI 46.07
-DI 11.52
Chandelier Exit (Long, 3 ATRs) 24.10
Chandelier Exit (Short, 3 ATRs) 21.27
Upper Bollinger Bands 27.96
Lower Bollinger Band 16.72
Percent B (%b) 0.89
BandWidth 50.34
MACD Line 2.04
MACD Signal Line 1.62
MACD Histogram 0.4225
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 27.46
Resistance 3 (R3) 27.44 27.18 27.34
Resistance 2 (R2) 27.18 26.99 27.19 27.29
Resistance 1 (R1) 26.94 26.87 26.81 26.96 27.25
Pivot Point 26.68 26.68 26.61 26.69 26.68
Support 1 (S1) 26.44 26.49 26.31 26.46 26.17
Support 2 (S2) 26.18 26.37 26.19 26.13
Support 3 (S3) 25.94 26.18 26.09
Support 4 (S4) 25.96