


Technical Sentiment Analysis for ProShares Ultra Bitcoin ETF (BITU). As of 2026-03-24, ProShares Ultra Bitcoin ETF (BITU) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 13 technical signals, shows that 2 indicators are flashing buy, while 11 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for BITU stands at 42.39, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.62, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 30.61 and the Commodity Channel Index (CCI) at -37.49 further confirm a -0.38 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, BITU is trading below its 60-day moving average of $16.93 and below its 200-day long-term moving average of $39.05. Key price levels to watch include the immediate resistance at $14.25 and strong support at $11.91. A break above $14.25 could signal a bull continuation, while falling below $11.91 may test the next Fibonacci floor at $10.81.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 9.56 | 10.81 | 11.91 | 13.16 | 14.25 | 15.5 | 16.6 |
| Fibonacci | 10.81 | 11.71 | 12.26 | 13.16 | 14.05 | 14.61 | 15.5 |
2026-03-24
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 42.39 |
| Stochastic Oscillator | 30.61 |
| Stochastic RSI | 38.56 |
| Commodity Channel Index (CCI) | -37.49 |
| Awesome Oscillator | 0.15 |
| Momentum | -0.38 |
| MACD | -0.62 |
2026-03-24
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 12.61 | Sell |
| 10-Day | 13 | Sell |
| 20-Day | 12.71 | Sell |
| 60-Day | 16.93 | Sell |
| 200-Day | 39.05 | Sell |
| 250-Day | 39.82 | Sell |