PURPOSE BITCOIN ETF (BTCC.CA) Stock Technical Analysis
TSX:BTCC - Toronto Stock Exchange - CA74642C1023 - ETF - Currency: CAD
Taking everything into account, BTCC scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, BTCC has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, BTCC did better than 88% of all other stocks.
BTCC 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 has a been trading in the 18.21 - 22.27 range, which is quite wide. It is currently trading near the high of this range.
Although BTCC 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
15.66
21.91
When analyzing the support we can see 4 important areas.
- A support zone ranging from 20.16 to 20.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 18.65 to 18.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @17.87 from a trend line in the weekly time frame.
- Support @15.82 from a trend 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 | UP | POSITIVE | The short term trend for BTCC.CA is up. |
| ChartMill Relative Strength | 88.96 | POSITIVE | BTCC.CA has a high relative strength, it outperformed 88.96% 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) | UP | POSITIVE | The current price of BTCC.CA is above the rising 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) | 67 | NEUTRAL | The RSI value for BTCC.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests BTCC.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.88 | NEUTRAL | The Stochastics value for BTCC.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.2 | MEDIUM VOLATILITY | The ATR as a percentage value for BTCC.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 19.32 | 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 (7/17/2025, 7:00:00 PM)
21.69
-0.07 (-0.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.32%
1 Week4.83%
2 Weeks8.13%
1 Month14.28%
3 Month38.99%
6 Month11.52%
12 Month72.14%
2 Year285.94%
3 Year359.53%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.48
ATR(20)%2.2%
ATR Inc20.82%
Range Today0.44
ADR(20)0.37
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
CRS88.96
Mansfield2.42
10 Day High22.27
10 Day Low19.6
20 Day High22.27
20 Day Low18.21
52 Week High22.27
52 Week Low9.95
CS1 End20.41
CR1 StartN/A
Volume & EV
DER(3)2.16%
DER(5)4.16%
Volume409.41K
Volume Incr66.64%
Vol(5)540.56K
Vol(50)451.65K