


Technical Sentiment Analysis for ProShares Bitcoin ETF (BITO). As of 2026-05-22, ProShares Bitcoin ETF (BITO) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 15 technical signals, shows that 5 indicators are flashing buy, while 10 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for BITO stands at 44.34, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.07, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 18.71 and the Commodity Channel Index (CCI) at -94.59 further confirm a -0.61 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, BITO is trading below its 60-day moving average of $10.14 and below its 200-day long-term moving average of $13.99. Key price levels to watch include the immediate resistance at $11.23 and strong support at $10.31. A break above $11.23 could signal a bull continuation, while falling below $10.31 may test the next Fibonacci floor at $9.85.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 9.39 | 9.85 | 10.31 | 10.77 | 11.23 | 11.69 | 12.15 |
| Fibonacci | 9.85 | 10.2 | 10.42 | 10.77 | 11.12 | 11.34 | 11.69 |
2026-05-22
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 44.34 |
| Stochastic Oscillator | 18.71 |
| Stochastic RSI | 20.47 |
| Commodity Channel Index (CCI) | -94.59 |
| Awesome Oscillator | -0.04 |
| Momentum | -0.61 |
| MACD | 0.07 |
2026-05-22
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 10.5 | Sell |
| 10-Day | 10.76 | Sell |
| 20-Day | 10.77 | Sell |
| 60-Day | 10.14 | Buy |
| 200-Day | 13.99 | Sell |
| 250-Day | 15.53 | Sell |