PURPOSE BITCOIN ETF (BTCC-U.CA) Stock Technical Analysis
TSX:BTCC-U - Toronto Stock Exchange - CA74642C3003 - ETF - Currency: USD
We assign a technical rating of 9 out of 10 to BTCC-U. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BTCC-U is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
BTCC-U is currently trading near its 52 week high, which is a good sign. 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-U has a been trading in the 18.17 - 20.06 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that BTCC-U is one of the better performing stocks in the market, outperforming 89% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
Although BTCC-U has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
12.12
19.82
5 important support areas can be observed.
- A support zone ranging from 18.58 to 19.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @18.24 from a horizontal line in the daily time frame.
- Support @14.93 from a trend line in the daily time frame.
- Support @13.42 from a trend line in the weekly time frame.
- Support @12.24 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-U.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BTCC-U.CA is up. |
| ChartMill Relative Strength | 89.45 | POSITIVE | BTCC-U.CA has a high relative strength, it outperformed 89.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BTCC-U.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BTCC-U.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BTCC-U.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.01 | NEUTRAL | The RSI value for BTCC-U.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests BTCC-U.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 53.87 | NEUTRAL | The Stochastics value for BTCC-U.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.31 | MEDIUM VOLATILITY | The ATR as a percentage value for BTCC-U.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 20.77 | NEUTRAL | The ADX value for BTCC-U.CA suggests a possible start of a new 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-U (6/10/2025, 7:00:00 PM)
19.62
+0.24 (+1.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.24%
1 Week3.32%
2 Weeks-0.15%
1 Month7.74%
3 Month28.99%
6 Month7.1%
12 Month65.57%
2 Year250.36%
3 Year458.97%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.46
ATR(20)%2.31%
ATR Inc23.59%
Range Today0.33
ADR(20)0.33
ADR(20)%1.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.45
Mansfield2.63
10 Day High19.71
10 Day Low18.21
20 Day High20.06
20 Day Low18.17
52 Week High20.06
52 Week Low9.61
CS1 End18.95
CR1 StartN/A
Volume & EV
DER(3)2.19%
DER(5)0.14%
Volume44.29K
Volume Incr-10.57%
Vol(5)30.58K
Vol(50)40.27K