PURPOSE BITCOIN ETF (BTCC-B.CA) Stock Technical Analysis
Canada - TSX:BTCC-B - CA74642C2013 - ETF
21.31 CAD
-0.62 (-2.83%)
Taking everything into account, BTCC-B scores 3 out of 10 in our technical rating. BTCC-B was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
In the last month BTCC-B has a been trading in the 21.21 - 24.70 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Looking at the yearly performance, BTCC-B did better than 70% of all other stocks.
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.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
The technical rating of BTCC-B is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
14.23
22.90
When analyzing the support we can see 2 important areas.
- A support zone ranging from 20.88 to 20.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.37 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 21.50 to 21.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 22.05 to 22.67. 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 | DOWN | NEGATIVE | The short term trend for BTCC-B.CA is down. |
| ChartMill Relative Strength | 70.73 | POSITIVE | BTCC-B.CA has a high relative strength, it outperformed 70.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BTCC-B.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BTCC-B.CA is below a declining 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) | 39.59 | NEUTRAL | The RSI value for BTCC-B.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests BTCC-B.CA has a negative trend. |
| Stochastics (14,3) | 16.7 | OVERSOLD | The low Stochastics value suggests BTCC-B.CA may be oversold. |
| Average True Range in percent/ATR (20) | 3.22 | MEDIUM VOLATILITY | The ATR as a percentage value for BTCC-B.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 16.72 | 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 (10/16/2025, 7:00:00 PM)
21.31
-0.62 (-2.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.83%
1 Week-11.87%
2 Weeks-7.27%
1 Month-4.65%
3 Month-6.04%
6 Month28.53%
12 Month58.09%
2 Year209.29%
3 Year424.88%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.75
ATR(20)%3.22%
ATR Inc-18.5%
Range Today0.76
ADR(20)0.5
ADR(20)%2.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.73
Mansfield-0.2
10 Day High24.7
10 Day Low21.21
20 Day High24.7
20 Day Low21.21
52 Week High24.7
52 Week Low12.82
CS1 End20.88
CR1 Start21.5
Volume & EV
DER(3)1.16%
DER(5)-3.83%
Volume923.51K
Volume Incr115.36%
Vol(5)738.52K
Vol(50)380.68K