PURPOSE BITCOIN ETF (BTCC.CA) Stock Technical Analysis
Canada - TSX:BTCC - CA74642C1023 - ETF
20.34 CAD
-0.74 (-3.51%)
We assign a technical rating of 5 out of 10 to BTCC. In the last year, BTCC was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
In the last month BTCC has a been trading in the 19.65 - 22.86 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.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that BTCC is one of the better performing stocks in the market, outperforming 70% of all stocks.
BTCC 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 is lagging the market slightly.
BTCC has an average technical rating and it also 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
13.61
22.95
We found 3 important support areas.
- A support zone ranging from 20.14 to 20.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 19.65 to 19.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @13.75 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 20.62 to 21.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 22.18 to 22.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @22.72 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 | UP | POSITIVE | The long term trend for BTCC.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BTCC.CA is neutral. |
| ChartMill Relative Strength | 70.91 | POSITIVE | BTCC.CA has a high relative strength, it outperformed 70.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BTCC.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BTCC.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BTCC.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.57 | NEUTRAL | The RSI value for BTCC.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests BTCC.CA has a negative trend. |
| Stochastics (14,3) | 45.48 | NEUTRAL | The Stochastics value for BTCC.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.07 | MEDIUM VOLATILITY | The ATR as a percentage value for BTCC.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 14.88 | NEGATIVE | The low ADX value for BTCC.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 (10/14/2025, 7:00:00 PM)
20.34
-0.74 (-3.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-3.51%
1 Week-10.48%
2 Weeks-1.69%
1 Month-2.68%
3 Month-5%
6 Month30.34%
12 Month58.66%
2 Year207.25%
3 Year407.23%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.71
ATR(20)%3.07%
ATR Inc97.99%
Range Today0.68
ADR(20)0.45
ADR(20)%2.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.91
Mansfield0.03
10 Day High22.86
10 Day Low19.88
20 Day High22.86
20 Day Low19.65
52 Week High22.86
52 Week Low12.15
CS1 End20.3
CR1 Start20.62
Volume & EV
DER(3)-4.9%
DER(5)-3.96%
Volume892.63K
Volume Incr95.54%
Vol(5)514.48K
Vol(50)339.42K