PURPOSE BITCOIN ETF (BTCC-B.CA) Stock Technical Analysis
TSX:BTCC-B - Toronto Stock Exchange - CA74642C2013 - ETF - Currency: CAD
Taking everything into account, BTCC-B scores 10 out of 10 in our technical rating. 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 term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, BTCC-B did better than 87% of all other stocks. We also observe that the gains produced by BTCC-B over the past year are nicely spread over this period.
BTCC-B is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BTCC-B is lagging the market slightly.
In the last month BTCC-B has a been trading in the 20.90 - 23.53 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Besides having an excellent technical rating, BTCC-B also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
16.89
23.33
2 important support areas can be observed.
- A support zone ranging from 19.60 to 19.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @17.06 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 22.47 to 23.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for BTCC-B.CA is neutral. |
| ChartMill Relative Strength | 87.12 | POSITIVE | BTCC-B.CA has a high relative strength, it outperformed 87.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BTCC-B.CA is below 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) | 52.9 | NEUTRAL | The RSI value for BTCC-B.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests BTCC-B.CA has a negative trend. |
| Stochastics (14,3) | 16.24 | OVERSOLD | The low Stochastics value suggests BTCC-B.CA may be oversold. |
| Average True Range in percent/ATR (20) | 2.48 | MEDIUM VOLATILITY | The ATR as a percentage value for BTCC-B.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 17.7 | 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 (8/6/2025, 7:00:00 PM)
22.26
+0.24 (+1.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.09%
1 Week-2.11%
2 Weeks-2.5%
1 Month6.3%
3 Month9.76%
6 Month15.1%
12 Month87.37%
2 Year335.62%
3 Year472.24%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.47
ATR(20)%2.48%
ATR Inc-23.78%
Range Today0.41
ADR(20)0.43
ADR(20)%1.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.12
Mansfield1.56
10 Day High23.12
10 Day Low21.82
20 Day High23.53
20 Day Low20.9
52 Week High23.53
52 Week Low10.27
CS1 End19.99
CR1 Start22.47
Volume & EV
DER(3)-2.4%
DER(5)-5.47%
Volume136.67K
Volume Incr-31.39%
Vol(5)267.20K
Vol(50)370.12K