PURPOSE CORE BITCOIN ETF (BTCO-U.CA) Stock Technical Analysis
TSX:BTCO-U - Toronto Stock Exchange - CA74641X3058 - ETF - Currency: USD
We assign a technical rating of 3 out of 10 to BTCO-U. In the last year, BTCO-U was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
The technical rating of BTCO-U is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
22.80
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 | UP | POSITIVE | The short term trend for BTCO-U.CA is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | BTCO-U.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Relative Strength Index/RSI (14) | 75.51 | OVERBOUGHT | The high RSI value suggests BTCO-U.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.72 | POSITIVE | The MACD value suggests BTCO-U.CA has a positive trend, although the MACD value is declining. |
| 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 (7/16/2025, 7:00:00 PM)
23.03
-0.1 (-0.43%)