Technical Analysis for BTRN - Global X Bitcoin Trend Strategy ETF
ADX | Long Term | Intermediate Term | Short Term |
---|---|---|---|
Strong | N/A | Up | Up |
Date | Alert Name | Type | % Chg |
---|---|---|---|
180 Bullish Setup | Bullish Swing Setup | 0.00% | |
Pocket Pivot | Bullish Swing Setup | 0.00% | |
Volume Surge | Other | 0.00% | |
Narrow Range Bar | Range Contraction | 0.00% | |
Wide Bands | Range Expansion | 0.00% | |
Gapped Up | Strength | 0.00% | |
Overbought Stochastic | Strength | 0.00% | |
Gilligan's Island Sell Setup | Bearish Swing Setup | 1.80% | |
Pocket Pivot | Bullish Swing Setup | 1.80% | |
Volume Surge | Other | 1.80% |
Alert | Time |
---|---|
Rose Above Previous Day's High | 1 day ago |
2x Volume Pace | 1 day ago |
1.5x Volume Pace | 1 day ago |
3x Volume Pace | 1 day ago |
Up 2% | 1 day ago |
Free Daily (Stock) Chart Reading
Global X Bitcoin Trend Strategy ETF Description
BTRN tracks an index that seeks to provide long-only exposure to US exchange-traded bitcoin futures contracts or a short-term US Treasury position. The index dynamically allocates between these two positions based on the value of a proprietary bitcoin trend indicator. The indicator aims to detect the presence, direction, and strength of the price trend of bitcoin. A combination of four exponential moving average calculations are considered in order to compute a single value of the average price of bitcoin over explicit periods. Based on this value, the index increases its allocation to bitcoin futures (up to 100%) when the value indicated is higher, and decreases (until 0%) when the value is lower. Any funds assets not allocated to the bitcoin futures position are subsequently allocated to the US Treasurys position, up to 100%. The fund seeks to gain exposure to BTC futures through investments in a Cayman Islands subsidiary.
Classification
Sector: Other
Industry: Other
Keywords: Bitcoin
Top 10 Components
Symbol | Grade | Price % Change | Allocation | |
---|---|---|---|---|
CLIP | A | 0.02 | 62.74 |
Indicator | Bull Case | Neutral / Hold | Bear Case |
---|---|---|---|
50 DMA | |||
200 DMA | |||
ADX Trend | |||
Oversold / Overbought | |||
Relative Strength |
Indicator | Value |
---|---|
52 Week High | 34.8399 |
52 Week Low | 20.72 |
Average Volume | 297 |
200-Day Moving Average | 0.00 |
50-Day Moving Average | 26.22 |
20-Day Moving Average | 29.31 |
10-Day Moving Average | 32.45 |
Average True Range | 0.78 |
RSI (14) | 79.92 |
ADX | 40.76 |
+DI | 75.20 |
-DI | 17.66 |
Chandelier Exit (Long, 3 ATRs) | 32.43 |
Chandelier Exit (Short, 3 ATRs) | 27.14 |
Upper Bollinger Bands | 36.40 |
Lower Bollinger Band | 22.22 |
Percent B (%b) | 0.89 |
BandWidth | 48.36 |
MACD Line | 2.48 |
MACD Signal Line | 1.93 |
MACD Histogram | 0.5533 |
Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
---|---|---|---|---|---|
Resistance 4 (R4) | 34.83 | ||||
Resistance 3 (R3) | 34.82 | 34.80 | 34.82 | ||
Resistance 2 (R2) | 34.80 | 34.78 | 34.80 | 34.82 | |
Resistance 1 (R1) | 34.78 | 34.77 | 34.79 | 34.79 | 34.81 |
Pivot Point | 34.76 | 34.76 | 34.76 | 34.76 | 34.76 |
Support 1 (S1) | 34.74 | 34.74 | 34.75 | 34.75 | 34.73 |
Support 2 (S2) | 34.72 | 34.73 | 34.72 | 34.72 | |
Support 3 (S3) | 34.70 | 34.72 | 34.72 | ||
Support 4 (S4) | 34.71 |