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 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BTCY-B is showing a nice and steady performance.
In the last month BTCY-B has a been trading in the 10.62 - 11.86 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
Warning: BTCY-B has an average volume of 6308 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 gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that BTCY-B is one of the better performing stocks in the market, outperforming 81% of all stocks. On top of that, BTCY-B also shows a nice and consistent pattern of rising prices.
BTCY-B 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 BTCY-B is lagging the market slightly.
Volume is considerably higher in the last couple of days.
Although BTCY-B has an excellent technical rating, the quality of the presented setup is 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
8.38
11.85
We found 3 important support areas.
- A support zone ranging from 10.80 to 10.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 10.04 to 10.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.46 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 11.24 to 11.73. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 81.96 | POSITIVE | BTCY-B.CA has a high relative strength, it outperformed 81.96% 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) | 51.4 | NEUTRAL | The RSI value for BTCY-B.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests BTCY-B.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.62 | NEUTRAL | The Stochastics value for BTCY-B.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.16 | MEDIUM VOLATILITY | The ATR as a percentage value for BTCY-B.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 17.03 | NEGATIVE | The low ADX value for BTCY-B.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:BTCY-B (8/6/2025, 7:00:00 PM)
11.24
+0.14 (+1.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.26%
1 Week-1.92%
2 Weeks-3.27%
1 Month5.54%
3 Month7.66%
6 Month7.87%
12 Month59.89%
2 Year191.95%
3 Year216.62%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%2.16%
ATR Inc78.72%
Range Today0.63
ADR(20)0.16
ADR(20)%1.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.96
Mansfield0.87
10 Day High11.68
10 Day Low10.62
20 Day High11.86
20 Day Low10.62
52 Week High11.86
52 Week Low6.08
CS1 End10.89
CR1 Start11.24
Volume & EV
DER(3)-3.12%
DER(5)-0.76%
Volume19.74K
Volume Incr138.16%
Vol(5)12.30K
Vol(50)6.31K