PURPOSE BITCOIN ETF (BTCC-J.CA) Stock Technical Analysis
TSX:BTCC-J - Toronto Stock Exchange - CA74642C6071 - ETF - Currency: CAD
Taking everything into account, BTCC-J scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, BTCC-J has proven to be a steady performer, scoring decent points in every aspect analyzed.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Warning: BTCC-J has an average volume of 818 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
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-J is one of the better performing stocks in the market, outperforming 88% of all stocks. We also observe that the gains produced by BTCC-J over the past year are nicely spread over this period.
A new 52 week high is currently being made by BTCC-J, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month BTCC-J has a been trading in the 16.47 - 20.03 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-J 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
13.53
20.23
5 important support areas can be observed.
- A support zone ranging from 17.68 to 18.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @17.29 from a horizontal line in the daily time frame.
- Support @16.16 from a trend line in the weekly time frame.
- Support @15.11 from a trend line in the daily time frame.
- Support @13.67 from a trend line in the weekly 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-J.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BTCC-J.CA is up. |
| ChartMill Relative Strength | 88.09 | POSITIVE | BTCC-J.CA has a high relative strength, it outperformed 88.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BTCC-J.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BTCC-J.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BTCC-J.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.92 | NEUTRAL | The RSI value for BTCC-J.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests BTCC-J.CA has a positive trend. |
| Stochastics (14,3) | 74.22 | NEUTRAL | The Stochastics value for BTCC-J.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.76 | MEDIUM VOLATILITY | The ATR as a percentage value for BTCC-J.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 17.82 | NEGATIVE | The low ADX value for BTCC-J.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-J (7/11/2025, 7:00:00 PM)
20.03
+1.22 (+6.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg6.49%
1 Week13.29%
2 Weeks13.04%
1 Month24.72%
3 Month33.36%
6 Month16.05%
12 Month67.62%
2 Year302.21%
3 Year293.52%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.56
ATR(20)%2.76%
ATR Inc78.02%
Range Today0.17
ADR(20)0.05
ADR(20)%0.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.09
Mansfield2.38
10 Day High20.03
10 Day Low17.29
20 Day High20.03
20 Day Low16.47
52 Week High20.03
52 Week Low9.18
CS1 End18.24
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume230
Volume Incr-77.99%
Vol(5)233.2
Vol(50)818.14