


Technical Sentiment Analysis for Common Shares of Beneficial Interest (BITW). As of 2026-05-08, Common Shares of Beneficial Interest (BITW) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 9 technical signals, shows that 7 indicators are flashing buy, while 2 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for BITW stands at 60.39, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 1.2, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 77.36 and the Commodity Channel Index (CCI) at 81.39 further confirm a 1.34 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, BITW is trading below its 60-day moving average of $46.98 and below its 200-day long-term moving average of $62.04. Key price levels to watch include the immediate resistance at $52.91 and strong support at $48.69. A break above $52.91 could signal a bull continuation, while falling below $48.69 may test the next Fibonacci floor at $46.56.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 44.47 | 46.56 | 48.69 | 50.78 | 52.91 | 55 | 57.13 |
| Fibonacci | 46.56 | 48.17 | 49.17 | 50.78 | 52.39 | 53.39 | 55 |
2026-05-08
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 60.39 |
| Stochastic Oscillator | 77.36 |
| Stochastic RSI | 84.9 |
| Commodity Channel Index (CCI) | 81.39 |
| Awesome Oscillator | 3.68 |
| Momentum | 1.34 |
| MACD | 1.2 |
2026-05-08
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 51.99 | Buy |
| 10-Day | 50.83 | Buy |
| 20-Day | 50.27 | Buy |
| 60-Day | 46.98 | Buy |
| 200-Day | 62.04 | Sell |
| 250-Day | 62.7 | Sell |