PURPOSE BITCOIN YIELD ETF (BTCY-B.CA) Stock Technical Analysis
TSX:BTCY-B - Toronto Stock Exchange - CA74642T2048 - ETF - Currency: CAD
Taking everything into account, BTCY-B scores 6 out of 10 in our technical rating. BTCY-B has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
In the last month BTCY-B has a been trading in the 10.09 - 11.22 range, which is quite wide. It is currently trading near the lows of this range.
Warning: BTCY-B has an average volume of 9987 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
BTCY-B 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 BTCY-B is performing more or less in line with the market.
Looking at the yearly performance, BTCY-B did better than 77% 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.
BTCY-B has an average technical rating and it also does not offer a high 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
7.76
11.85
5 important support areas can be observed.
- A support zone ranging from 10.03 to 10.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.35 from a trend line in the weekly time frame.
- Support @8.72 from a trend line in the daily time frame.
- Support @8.35 from a trend line in the daily time frame.
- Support @7.84 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @11.11 from a trend line in the daily time frame.
- A resistance zone ranging from 11.56 to 11.73. 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 BTCY-B.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BTCY-B.CA is neutral. |
| ChartMill Relative Strength | 77.91 | POSITIVE | BTCY-B.CA has a high relative strength, it outperformed 77.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BTCY-B.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BTCY-B.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BTCY-B.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.32 | NEUTRAL | The RSI value for BTCY-B.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests BTCY-B.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 7.52 | OVERSOLD | The low Stochastics value suggests BTCY-B.CA may be oversold. |
| Average True Range in percent/ATR (20) | 2.46 | MEDIUM VOLATILITY | The ATR as a percentage value for BTCY-B.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 23.23 | NEUTRAL | The ADX value for BTCY-B.CA suggests a possible start of a new 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:BTCY-B (6/6/2025, 7:00:00 PM)
10.3
+0.25 (+2.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.49%
1 Week-0.68%
2 Weeks-5.16%
1 Month0.39%
3 Month9.34%
6 Month-6.87%
12 Month27.48%
2 Year139.54%
3 Year210.24%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.27
ATR(20)%2.46%
ATR Inc47.48%
Range Today0.09
ADR(20)0.18
ADR(20)%1.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.91
Mansfield1.02
10 Day High11.04
10 Day Low10.09
20 Day High11.22
20 Day Low10.09
52 Week High11.84
52 Week Low6.08
CS1 End10.04
CR1 Start11.11
Volume & EV
DER(3)-2.52%
DER(5)-1.12%
Volume2.67K
Volume Incr-57.56%
Vol(5)5.18K
Vol(50)9.99K