CI GALAXY BITCOIN ETF USD (BTCX-U.CA) Stock Technical Analysis
TSX:BTCX-U - Toronto Stock Exchange - CA12563N1033 - ETF - Currency: USD
We assign a technical rating of 8 out of 10 to BTCX-U. In the last year, BTCX-U was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
The long and short term trends are both positive. This is looking good!
BTCX-U 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 BTCX-U is performing more or less in line with the market.
In the last month BTCX-U has a been trading in the 18.96 - 20.84 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Looking at the yearly performance, BTCX-U did better than 88% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
Considerably lower volume is observed in the last couple of days.
BTCX-U has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. We notice that large players showed an interest for BTCX-U in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
12.53
20.87
4 important support areas can be observed.
- Support @18.96 from a horizontal line in the daily time frame.
- Support @15.63 from a trend line in the daily time frame.
- Support @13.88 from a trend line in the weekly time frame.
- Support @12.66 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 19.66 to 19.87. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @20.66 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 | UP | POSITIVE | The long term trend for BTCX-U.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BTCX-U.CA is up. |
| ChartMill Relative Strength | 88.01 | POSITIVE | BTCX-U.CA has a high relative strength, it outperformed 88.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BTCX-U.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BTCX-U.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BTCX-U.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.03 | NEUTRAL | The RSI value for BTCX-U.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests BTCX-U.CA has a negative trend. |
| Stochastics (14,3) | 59.96 | NEUTRAL | The Stochastics value for BTCX-U.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.3 | MEDIUM VOLATILITY | The ATR as a percentage value for BTCX-U.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 18.99 | NEGATIVE | The low ADX value for BTCX-U.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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 19.88 | 18.95 | 0.93 (4.68%) | 21.38% |
| An entry @19.88. This is a Buy Stop order right above the resistance zone. | An exit @18.95. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.93 points, which is 4.68%. | When investing 21.38% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:BTCX-U (6/13/2025, 7:00:00 PM)
19.53
-0.48 (-2.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.4%
1 Week0.77%
2 Weeks0.31%
1 Month1.72%
3 Month24%
6 Month2.95%
12 Month59.82%
2 Year240.24%
3 Year447.06%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.44
ATR(20)%2.3%
ATR Inc3.28%
Range Today0.26
ADR(20)0.32
ADR(20)%1.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.01
Mansfield2.22
10 Day High20.5
10 Day Low18.96
20 Day High20.84
20 Day Low18.96
52 Week High20.84
52 Week Low9.95
CS1 End18.96
CR1 Start19.66
Volume & EV
DER(3)3.76%
DER(5)2.58%
Volume9.09K
Volume Incr-27.97%
Vol(5)8.02K
Vol(50)35.15K