


Technical Sentiment Analysis for Common Shares of Beneficial Interest (BITW). As of 2026-05-29, Common Shares of Beneficial Interest (BITW) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 14 technical signals, shows that 4 indicators are flashing buy, while 10 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for BITW stands at 37.21, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.51, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 7.84 and the Commodity Channel Index (CCI) at -140.87 further confirm a -5.63 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, BITW is trading below its 60-day moving average of $48.27 and below its 200-day long-term moving average of $60.31. Key price levels to watch include the immediate resistance at $51.46 and strong support at $46.18. A break above $51.46 could signal a bull continuation, while falling below $46.18 may test the next Fibonacci floor at $43.6.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 40.9 | 43.6 | 46.18 | 48.88 | 51.46 | 54.16 | 56.74 |
| Fibonacci | 43.6 | 45.62 | 46.86 | 48.88 | 50.9 | 52.14 | 54.16 |
2026-05-29
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 37.21 |
| Stochastic Oscillator | 7.84 |
| Stochastic RSI | 5.27 |
| Commodity Channel Index (CCI) | -140.87 |
| Awesome Oscillator | -2.05 |
| Momentum | -5.63 |
| MACD | -0.51 |
2026-05-29
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 47.76 | Sell |
| 10-Day | 48.76 | Sell |
| 20-Day | 50.36 | Sell |
| 60-Day | 48.27 | Sell |
| 200-Day | 60.31 | Sell |
| 250-Day | 62.06 | Sell |