PURPOSE BITCOIN ETF (BTCC-B.CA) Stock Technical Analysis
TSX:BTCC-B - Toronto Stock Exchange - CA74642C2013 - ETF - Currency: CAD
We assign a technical rating of 10 out of 10 to BTCC-B. Both in the recent history as in the last year, BTCC-B has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that BTCC-B is one of the better performing stocks in the market, outperforming 91% of all stocks. On top of that, BTCC-B also shows a nice and consistent pattern of rising prices.
BTCC-B is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month BTCC-B has a been trading in the 19.34 - 22.77 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although BTCC-B has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
17.21
23.00
When analyzing the support we can see 4 important areas.
- A support zone ranging from 19.99 to 21.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 19.60 to 19.60. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @19.02 from a trend line in the weekly time frame.
- Support @17.38 from a trend line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for BTCC-B.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BTCC-B.CA is up. |
| ChartMill Relative Strength | 91.63 | POSITIVE | BTCC-B.CA has a high relative strength, it outperformed 91.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BTCC-B.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BTCC-B.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BTCC-B.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 72.69 | OVERBOUGHT | The high RSI value suggests BTCC-B.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests BTCC-B.CA has a positive trend. |
| Stochastics (14,3) | 97.87 | OVERBOUGHT | The high Stochastics value suggests BTCC-B.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.16 | MEDIUM VOLATILITY | The ATR as a percentage value for BTCC-B.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 13.73 | NEGATIVE | The low ADX value for BTCC-B.CA suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TSX:BTCC-B (7/11/2025, 7:00:00 PM)
22.77
+0.96 (+4.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg4.4%
1 Week10.43%
2 Weeks10.32%
1 Month11.24%
3 Month38.42%
6 Month17.86%
12 Month103.3%
2 Year309.53%
3 Year408.26%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.46
ATR(20)%2.16%
ATR Inc84.46%
Range Today0.32
ADR(20)0.37
ADR(20)%1.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.63
Mansfield2.37
10 Day High22.77
10 Day Low20.45
20 Day High22.77
20 Day Low19.34
52 Week High22.77
52 Week Low10.27
CS1 End21.17
CR1 StartN/A
Volume & EV
DER(3)12.22%
DER(5)8.96%
Volume561.26K
Volume Incr-2.15%
Vol(5)354.89K
Vol(50)411.09K