3IQ BITCOIN ETF (BTCQ.CA) Stock Technical Analysis
TSX:BTCQ - Toronto Stock Exchange - CA88561M1077 - ETF - Currency: CAD
Taking everything into account, BTCQ scores 6 out of 10 in our technical rating. BTCQ was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
In the last month BTCQ has a been trading in the 21.93 - 24.52 range, which is quite wide. It is currently trading near the lows of this range.
Warning: BTCQ has an average volume of 11367 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
BTCQ is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so BTCQ is performing more or less in line with the market.
When comparing the yearly performance of all stocks, we notice that BTCQ is one of the better performing stocks in the market, outperforming 86% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
BTCQ has an average technical rating and the quality of the presented setup is also not ideal 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
15.86
24.73
We found 5 important support areas.
- Support @22.52 from a horizontal line in the weekly time frame.
- A support zone ranging from 21.71 to 21.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @20.38 from a trend line in the weekly time frame.
- Support @19.00 from a trend line in the daily time frame.
- Support @16.02 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 22.67 to 23.20. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 24.02 to 24.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for BTCQ.CA is neutral. |
| ChartMill Relative Strength | 86.33 | POSITIVE | BTCQ.CA has a high relative strength, it outperformed 86.33% 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 | POSITIVE | The current price of BTCQ.CA is above 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) | 49.24 | NEUTRAL | The RSI value for BTCQ.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests BTCQ.CA has a negative trend. |
| Stochastics (14,3) | 52.13 | NEUTRAL | The Stochastics value for BTCQ.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.48 | MEDIUM VOLATILITY | The ATR as a percentage value for BTCQ.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 19.89 | 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 (6/13/2025, 7:00:00 PM)
22.53
-0.59 (-2.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.55%
1 Week-0.04%
2 Weeks-0.71%
1 Month-0.92%
3 Month17.22%
6 Month-2.04%
12 Month56.02%
2 Year242.4%
3 Year459.06%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.55
ATR(20)%2.48%
ATR Inc12.62%
Range Today0.24
ADR(20)0.35
ADR(20)%1.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.33
Mansfield1.82
10 Day High23.75
10 Day Low21.93
20 Day High24.52
20 Day Low21.93
52 Week High24.56
52 Week Low11.55
CS1 End22.52
CR1 Start22.67
Volume & EV
DER(3)0.49%
DER(5)-0.38%
Volume3.77K
Volume Incr-12.12%
Vol(5)8.63K
Vol(50)11.37K