3IQ BITCOIN ETF (BTCQ.CA) Stock Technical Analysis
TSX:BTCQ - CA88561M1077 - ETF
23.43 CAD
-0.82 (-3.38%)
Taking everything into account, BTCQ scores 6 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month BTCQ has a been trading in the 23.31 - 26.60 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.
Warning: BTCQ has an average volume of 13519 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When comparing the yearly performance of all stocks, we notice that BTCQ is one of the better performing stocks in the market, outperforming 83% of all stocks.
BTCQ 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 BTCQ is lagging the market slightly.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Considerably lower volume is observed in the last couple of days.
BTCQ has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
22.58
25.70
When analyzing the support we notice one important area.
- Support @22.81 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 24.48 to 24.94. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @25.45 from a horizontal line in the weekly 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 BTCQ.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BTCQ.CA is down. |
| ChartMill Relative Strength | 83.63 | POSITIVE | BTCQ.CA has a high relative strength, it outperformed 83.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BTCQ.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of BTCQ.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BTCQ.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 37.74 | NEUTRAL | The RSI value for BTCQ.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests BTCQ.CA has a negative trend. |
| Stochastics (14,3) | 12.21 | OVERSOLD | The low Stochastics value suggests BTCQ.CA may be oversold. |
| Average True Range in percent/ATR (20) | 2.4 | MEDIUM VOLATILITY | The ATR as a percentage value for BTCQ.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 9.95 | NEGATIVE | The low ADX value for BTCQ.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:BTCQ (8/29/2025, 7:00:00 PM)
23.43
-0.82 (-3.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-3.38%
1 Week-7.35%
2 Weeks-7.94%
1 Month-7.94%
3 Month3.26%
6 Month21.65%
12 Month84.34%
2 Year306.07%
3 Year433.71%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.57
ATR(20)%2.4%
ATR Inc1.39%
Range Today0.64
ADR(20)0.39
ADR(20)%1.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.63
Mansfield0.39
10 Day High25.5
10 Day Low23.31
20 Day High26.6
20 Day Low23.31
52 Week High26.6
52 Week Low11.55
CS1 End22.81
CR1 Start24.48
Volume & EV
DER(3)-10.75%
DER(5)-7.15%
Volume5.21K
Volume Incr-49.69%
Vol(5)7.49K
Vol(50)13.52K