PURPOSE CORE BITCOIN ETF (BTCO-U.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:BTCO-U - CA74641X3058 - ETF
We assign a technical rating of 2 out of 10 to BTCO-U. BTCO-U performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
- 100% of all other stocks performed better in the past year than BTCO-U.
- In the last month BTCO-U has a been trading in the 16.80 - 22.99 range, which is quite wide. It is currently trading near the lows of this range.
- 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!
The technical rating of BTCO-U 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
16.63
We found 1 important support area.
- A support zone ranging from 16.80 to 16.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @17.79 from a trend line in the daily time frame.
- A resistance zone ranging from 18.70 to 18.87. This zone is formed by a combination of multiple trend lines and important moving averages 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 BTCO-U.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BTCO-U.CA is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | BTCO-U.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BTCO-U.CA is below a declining SMA(20). |
| Relative Strength Index/RSI (14) | 37.98 | NEUTRAL | The RSI value for BTCO-U.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.33 | NEGATIVE | The MACD value suggests BTCO-U.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.31 | OVERSOLD | The low Stochastics value suggests BTCO-U.CA may be oversold. |
| Average True Range in percent/ATR (20) | 4.48 | MEDIUM VOLATILITY | The ATR as a percentage value for BTCO-U.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 20.97 | NEUTRAL | The ADX value for BTCO-U.CA suggests a possible start of a new trend. |
TSX:BTCO-U (1/22/2026, 7:00:00 PM)
17.2
+0.09 (+0.53%)
PURPOSE CORE BITCOIN ETF / BTCO-U.CA FAQ
What is the ChartMill technical rating of PURPOSE CORE BITCOIN ETF (BTCO-U.CA) stock?
ChartMill assigns a technical rating of 2 / 10 to BTCO-U.CA.
Can you provide the trend direction for PURPOSE CORE BITCOIN ETF?
The current trend direction for PURPOSE CORE BITCOIN ETF (BTCO-U.CA) is Bullish.
Can you provide the RSI signal for PURPOSE CORE BITCOIN ETF?
PURPOSE CORE BITCOIN ETF (BTCO-U.CA) has an RSI value of 37.9788. This indicates that the stock is currently neutral.
What is the MACD signal for BTCO-U stock?
The MACD indicator for PURPOSE CORE BITCOIN ETF (BTCO-U.CA) has a value of -0.334481, indicating a bearish trend.