PURPOSE BITCOIN YIELD ETF-US (BTCY-U.CA) Stock Technical Analysis
TSX:BTCY-U - Toronto Stock Exchange - CA74642T3038 - ETF - Currency: USD
Taking everything into account, BTCY-U scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BTCY-U is only an average performer.
Warning: BTCY-U has an average volume of 2018 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
BTCY-U is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so BTCY-U is leading the market.
In the last month BTCY-U has a been trading in the 0.00 - 9.23 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, BTCY-U did better than 79% 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-U 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
6.49
9.41
2 important support areas can be observed.
- A support zone ranging from 7.57 to 7.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.56 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 9.26 to 9.32. 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-U.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BTCY-U.CA is up. |
| ChartMill Relative Strength | 79.97 | POSITIVE | BTCY-U.CA has a high relative strength, it outperformed 79.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BTCY-U.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BTCY-U.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BTCY-U.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.88 | NEUTRAL | The RSI value for BTCY-U.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests BTCY-U.CA has a positive trend. |
| Stochastics (14,3) | 92.52 | OVERBOUGHT | The high Stochastics value suggests BTCY-U.CA may be overbought. |
| Average True Range in percent/ATR (20) | 22.08 | HIGH VOLATILITY | The high ATR as a percentage value for BTCY-U.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 9.87 | NEGATIVE | The low ADX value for BTCY-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)
TSX:BTCY-U (6/5/2025, 7:00:00 PM)
8.36
-0.23 (-2.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.68%
1 Week-7.93%
2 Weeks-3.24%
1 Month7.18%
3 Month15.79%
6 Month-2.22%
12 Month26.09%
2 Year117.71%
3 Year171.43%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.46
ATR(20)%22.08%
ATR Inc-84.08%
Range Today0.38
ADR(20)0.06
ADR(20)%0.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.97
Mansfield1.09
10 Day High9.23
10 Day Low0
20 Day High9.23
20 Day Low0
52 Week High9.47
52 Week Low0
CS1 End7.59
CR1 Start9.26
Volume & EV
DER(3)-16.67%
DER(5)-18.45%
Volume200
Volume Incr-70.42%
Vol(5)651.2
Vol(50)2.02K