PURPOSE BITCOIN ETF (BTCC.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:BTCC - CA74642C1023 - ETF
Overall BTCC gets a technical rating of 2 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. BTCC was also a bad performer in the overall market in the last year.
- 89% of all other stocks performed better in the past year than BTCC.
- In the last month BTCC has a been trading in the 15.20 - 17.57 range, which is quite wide. It is currently trading near the high of this range.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- BTCC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BTCC is lagging the market.
The technical rating of BTCC is bad and it also does not present a 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
15.05
We found 2 important support areas.
- Support @15.87 from a trend line in the weekly time frame.
- A support zone ranging from 15.20 to 15.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @17.52 from a horizontal 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 | DOWN | NEGATIVE | The long term trend for BTCC.CA is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BTCC.CA is up. |
| ChartMill Relative Strength | 11.54 | NEGATIVE | BTCC.CA has a low relative strength, it was outperformed by 88.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BTCC.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BTCC.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of BTCC.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.26 | NEUTRAL | The RSI value for BTCC.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests BTCC.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.11 | OVERBOUGHT | The high Stochastics value suggests BTCC.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.9 | MEDIUM VOLATILITY | The ATR as a percentage value for BTCC.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 16.17 | NEGATIVE | The low ADX value for BTCC.CA suggests a weak or negative trend. |
TSX:BTCC (1/16/2026, 7:00:00 PM)
17.11
+0.04 (+0.26%)
PURPOSE BITCOIN ETF / BTCC.CA FAQ
What is the technical rating for BTCC stock?
ChartMill assigns a technical rating of 2 / 10 to BTCC.CA.
What is the current trend direction of PURPOSE BITCOIN ETF (BTCC.CA) stock?
The current trend direction for PURPOSE BITCOIN ETF (BTCC.CA) is Bearish.
What is the RSI signal for PURPOSE BITCOIN ETF (BTCC.CA) stock?
PURPOSE BITCOIN ETF (BTCC.CA) has an RSI value of 57.2584. This indicates that the stock is currently neutral.
What is the MACD signal for BTCC stock?
The MACD indicator for PURPOSE BITCOIN ETF (BTCC.CA) has a value of 0.181679, indicating a bearish trend.
Can you provide the support and resistance levels for PURPOSE BITCOIN ETF?
PURPOSE BITCOIN ETF (BTCC.CA) has a support level at 15.87 and a resistance level at 17.52. Check the full technical report for our detailed analysis of BTCC.CA support and resistance levels.