PURPOSE BITCOIN YIELD ETF-US (BTCY-U.CA) Stock Technical Analysis
TSX:BTCY-U • CA74642T3038
We assign a technical rating of 0 out of 10 to BTCY-U. BTCY-U's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 97% of all other stocks performed better in the past year than BTCY-U.
- In the last month BTCY-U has a been trading in the 4.55 - 6.90 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.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- Warning: BTCY-U has an average volume of 3738 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- BTCY-U is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BTCY-U is lagging the market.
BTCY-U has a poor technical rating and the quality of the setup is also only medium 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
4.50
When analyzing the support we notice one important area.
- A support zone ranging from 4.55 to 4.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- Resistance @6.23 from a trend line in the daily time frame.
- A resistance zone ranging from 6.39 to 6.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @7.27 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 BTCY-U.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BTCY-U.CA is down. |
| ChartMill Relative Strength | 3.18 | NEGATIVE | BTCY-U.CA has a low relative strength, it was outperformed by 96.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BTCY-U.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BTCY-U.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BTCY-U.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 29.39 | OVERSOLD | The low RSI value suggests BTCY-U.CA may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests BTCY-U.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 2.25 | OVERSOLD | The low Stochastics value suggests BTCY-U.CA may be oversold. |
| Average True Range in percent/ATR (20) | 5.23 | HIGH VOLATILITY | The high ATR as a percentage value for BTCY-U.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 36.7 | POSITIVE | The high ADX value value for BTCY-U.CA suggests a strong trend. |
TSX:BTCY-U (2/24/2026, 7:00:00 PM)
4.58
+0.02 (+0.44%)
PURPOSE BITCOIN YIELD ETF-US / BTCY-U.CA FAQ
What is the ChartMill technical rating of PURPOSE BITCOIN YIELD ETF-US (BTCY-U.CA) stock?
ChartMill assigns a technical rating of 0 / 10 to BTCY-U.CA.
Can you provide the trend direction for PURPOSE BITCOIN YIELD ETF-US?
The current trend direction for PURPOSE BITCOIN YIELD ETF-US (BTCY-U.CA) is Bearish.
Can you provide the RSI signal for PURPOSE BITCOIN YIELD ETF-US?
PURPOSE BITCOIN YIELD ETF-US (BTCY-U.CA) has an RSI value of 29.387. This indicates that the stock is currently oversold.
What is the MACD signal for PURPOSE BITCOIN YIELD ETF-US (BTCY-U.CA) stock?
The MACD indicator for PURPOSE BITCOIN YIELD ETF-US (BTCY-U.CA) has a value of -0.0352387, indicating a bearish trend.
What is the short term momentum for BTCY-U stock?
The short term momentum for PURPOSE BITCOIN YIELD ETF-US (BTCY-U.CA) is negative.