CI GALAXY BITCOIN ETF (BTCX-B.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:BTCX-B - CA12563N2023 - ETF
Overall BTCX-B gets a technical rating of 1 out of 10. BTCX-B scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 92% of all other stocks performed better in the past year than BTCX-B.
- BTCX-B is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month BTCX-B has a been trading in the 17.26 - 19.85 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.
The technical rating of BTCX-B 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
16.88
2 important support areas can be observed.
- A support zone ranging from 17.39 to 17.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 17.05 to 17.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 19.03 to 19.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @19.82 from a horizontal 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 | DOWN | NEGATIVE | The long term trend for BTCX-B.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BTCX-B.CA is down. |
| ChartMill Relative Strength | 8.72 | NEGATIVE | BTCX-B.CA has a low relative strength, it was outperformed by 91.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BTCX-B.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BTCX-B.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of BTCX-B.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.14 | NEUTRAL | The RSI value for BTCX-B.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests BTCX-B.CA has a negative trend. |
| Stochastics (14,3) | 18.81 | OVERSOLD | The low Stochastics value suggests BTCX-B.CA may be oversold. |
| Average True Range in percent/ATR (20) | 2.83 | MEDIUM VOLATILITY | The ATR as a percentage value for BTCX-B.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 16.06 | NEGATIVE | The low ADX value for BTCX-B.CA suggests a weak or negative trend. |
TSX:BTCX-B (1/23/2026, 7:00:00 PM)
17.87
-0.12 (-0.67%)
CI GALAXY BITCOIN ETF / BTCX-B.CA FAQ
What is the technical rating for BTCX-B stock?
ChartMill assigns a technical rating of 1 / 10 to BTCX-B.CA.
What is the trend direction for BTCX-B stock?
The current trend direction for CI GALAXY BITCOIN ETF (BTCX-B.CA) is Bearish.
What is the RSI signal for BTCX-B stock?
CI GALAXY BITCOIN ETF (BTCX-B.CA) has an RSI value of 43.1377. This indicates that the stock is currently neutral.
What is the buy/sell signal for BTCX-B stock?
The buy/sell signal for CI GALAXY BITCOIN ETF (BTCX-B.CA) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for CI GALAXY BITCOIN ETF (BTCX-B.CA) stock?
CI GALAXY BITCOIN ETF (BTCX-B.CA) has a support level at 17.39 and a resistance level at 19.03. Check the full technical report for our detailed analysis of BTCX-B.CA support and resistance levels.