Decline depth
-48.6%
From rolling 252-day high of $35.70, 288d ago.
Past the 40% Red List threshold.
Red ListRecovering
BRRRCoinshares Bitcoin ETF
-48.6%
from rolling 252-day high of $35.70 set 2025-10-06 · 288d ago
Current
$18.80
Decline depth
-48.6%
Decline σ
0.2σ
TFC
0/5 bearish
Rolling 252-day high
Up day
Down day
Last 90 trading days · data from Alpaca
Since it joined the list
$BRRR landed on the list 2026-05-14, down 35.7% from its 52-week high that day — now down -48.6%.
That's 11.8 percentage points deeper than the day it joined. It bottomed 53.6% below that high along the way.
Decline from the 52-week high as it stood on 2026-05-14 (fixed anchor) → today. Split-adjusted, Alpaca. Observed history, not a forecast.
Structural break signals
BRRR qualifies for the Red List on decline depth.
Time-frame continuity
0/5 bearish
Latest bar across daily/weekly/monthly/quarterly/yearly time frames. A bar counts as bearish when it's a 2-Down or a red 3.
Decline sigma
0.2σ
Drop from local high over the last 5 bars, expressed in units of the stock's typical daily volatility (2.32% per day).
The structural read
What price action says about BRRR.
BRRR qualifies for the Red List on decline depth — down -48.6% from its rolling 252-day high. Past the 40% threshold, the deepest tier in the taxonomy.
Alongside that decline, our proprietary engine has flagged a confirmed bullish structural signal on one or more time frames — moderate or strong time-frame-continuity (TFC) alignment — so the ticker also carries a Recovering badge. The two readings coexist: the tier tells you how deep the damage is, the Recovering badge tells you whether momentum may be turning. Recovering is not a buy signal; it's a structural read.
Broken Stocks stops here — it flags the structure, it doesn't build the upside case. Working out whether BRRR's turn is investable is what our sister tool does: ConvictionEdge — triple-engine conviction research on names showing a recovery signal.
Upstream TFC read: strong alignment, current phase weekly. Last bar types — daily 2U (green), weekly 2U (green), monthly 1 (green).
52-week range
52W low $16.37
12.6% of range
52W high $35.70
Related — same sector
Closest decliners to BRRR
Questions about BRRR
What people ask.
Why is BRRR on Broken Stocks?
BRRR qualifies for the Red List on decline depth. It is down -48.6% from its rolling 252-day high of $35.70, set on 2025-10-06 — 288d ago. It additionally carries a Recovering badge — see below.
What does the Recovering badge mean for BRRR?
Recovering means our proprietary engine has flagged a confirmed bullish structural signal on one or more time frames (moderate or strong time-frame continuity). It coexists with the decline tier — BRRR is still Red List because the rolling-252-day decline hasn't healed, but a bullish setup has formed inside that decline. The two readings answer different questions: the tier tells you how deep the damage is; the Recovering badge tells you whether momentum may be turning. It's not a buy recommendation.
Is BRRR a falling knife?
Not by the strict technical definition. BRRR is down -48.6% from its 52-week high, but that high was set 288d ago — more than 120 days. A falling knife is usually a recent breakdown from a fresh high, not an established multi-quarter downtrend. BRRR is still on the Red List for decline depth, but the freshness component of a falling knife is missing.
Is BRRR a buy?
Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.
Where is BRRR trading inside its 52-week range?
At $18.80, BRRR sits 12.6% of the way from its 52-week low ($16.37) to its 52-week high ($35.70). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.
How fast has BRRR been declining?
The current 48.6% decline accrued over 288d, which annualizes to roughly -61.6% per year. Annualized pace is a sanity check — a 30% decline in three months is a different signal than a 30% decline over two years.