Technical Analysis for BTF - Valkyrie Bitcoin Strategy ETF

Grade Last Price % Change Price Change
B 21.59 0.61% 0.13
BTF closed up 0.61 percent on Wednesday, November 20, 2024, on 80 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. 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.
1 Watcher
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
NR7 Range Contraction 0.00%
NR7-2 Range Contraction 0.00%
Inside Day Range Contraction 0.00%
Wide Bands Range Expansion 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
Calm After Storm Range Contraction 0.61%
NR7 Range Contraction 0.61%
Wide Bands Range Expansion 0.61%
Overbought Stochastic Strength 0.61%

   Recent Intraday Alerts

Alert Time
Gap Up Closed about 16 hours ago
Reversed from Up about 16 hours ago
Possible NR7 about 17 hours ago
Possible Inside Day about 17 hours ago
60 Minute Opening Range Breakdown about 19 hours ago

Get this analysis on your stocks daily!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

Valkyrie ETF Trust II - Valkyrie Bitcoin Strategy ETF is an exchange traded fund launched and managed by Valkyrie Funds LLC. The fund is co-managed by Vident Investment Advisory, LLC. It invests in fixed income and currency markets. For its fixed income portion, it primarily invests in cash, cash-like instruments or high-quality securities. For its currency portion, it invests through derivatives in bitcoin. The fund uses derivatives such as futures to create its portfolio. It seeks to invest in CME bitcoin futures contracts through its wholly-owned subsidiary organized under the laws of the Cayman Islands. Valkyrie ETF Trust II - Valkyrie Bitcoin Strategy ETF is domiciled in the United States.
Classification

Keywords: Exchange Traded Funds Synthetic Replication Bitcoin Cryptocurrency Payment Systems Digital Currencies

Is BTF 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 22.8214
52 Week Low 11.5376
Average Volume 30,366
200-Day Moving Average 18.07
50-Day Moving Average 17.22
20-Day Moving Average 18.95
10-Day Moving Average 20.97
Average True Range 0.75
RSI (14) 71.18
ADX 29.79
+DI 44.10
-DI 15.96
Chandelier Exit (Long, 3 ATRs) 20.15
Chandelier Exit (Short, 3 ATRs) 18.36
Upper Bollinger Bands 23.32
Lower Bollinger Band 14.58
Percent B (%b) 0.8
BandWidth 46.15
MACD Line 1.38
MACD Signal Line 1.13
MACD Histogram 0.2524
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 22.23
Resistance 3 (R3) 22.23 22.02 22.13
Resistance 2 (R2) 22.02 21.85 22.02 22.09
Resistance 1 (R1) 21.80 21.75 21.70 21.80 22.06
Pivot Point 21.59 21.59 21.53 21.59 21.59
Support 1 (S1) 21.37 21.42 21.27 21.38 21.12
Support 2 (S2) 21.16 21.32 21.16 21.09
Support 3 (S3) 20.94 21.16 21.05
Support 4 (S4) 20.95