iShares Bitcoin Trust ETF IBIT
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
iShares Bitcoin Trust ETF (IBIT) Investment Strategy and Portfolio Holdings Overview
The shares are intended to constitute a simple means of making an investment similar to an investment in bitcoin rather than by acquiring, holding and trading bitcoin directly on a peer-to-peer or other basis or via a digital asset exchange.
Key Insights
iShares Bitcoin Trust ETF (IBIT) Essential ETF Metrics and Performance Data
Latest Closing Price
$66.2Market Cap
$84.82 BillionAverage Daily Volume
46,920,031 Shares52-Week Range
$34.94-$71.82Price-Earnings Ratio
1.27Total Outstanding Shares
1.35 Billion SharesCEO
Shannon GhiaCurrent Dividend
No dividendInception Date
January 11, 2024SIC Description
Commodity Contracts Brokers & DealersHeadquarters
C/o Ishares Delaware Trust Sponsor, Llc, San Francisco, CA, 94105