PURPOSE BITCOIN YIELD ETF (BTCY.CA) Stock Technical Analysis
TSX:BTCY - Toronto Stock Exchange - CA74642T1057 - ETF - Currency: CAD
Overall BTCY gets a technical rating of 7 out of 10. Although BTCY is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
In the last month BTCY has a been trading in the 8.50 - 9.35 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.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
BTCY 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 is performing more or less in line with the market.
Looking at the yearly performance, BTCY did better than 79% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
Although BTCY has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Prices have been consolidating lately.
More info and screens
5.80
9.57
We found 5 important support areas.
- Support @8.51 from a horizontal line in the daily time frame.
- Support @7.04 from a trend line in the daily time frame.
- Support @6.69 from a trend line in the weekly time frame.
- Support @6.47 from a horizontal line in the daily time frame.
- Support @5.86 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 9.37 to 9.48. 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.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BTCY.CA is neutral. |
| ChartMill Relative Strength | 79.16 | POSITIVE | BTCY.CA has a high relative strength, it outperformed 79.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BTCY.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BTCY.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BTCY.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.48 | NEUTRAL | The RSI value for BTCY.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests BTCY.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.88 | OVERSOLD | The low Stochastics value suggests BTCY.CA may be oversold. |
| Average True Range in percent/ATR (20) | 2.55 | MEDIUM VOLATILITY | The ATR as a percentage value for BTCY.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 17.85 | NEGATIVE | The low ADX value for BTCY.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 (6/6/2025, 7:00:00 PM)
8.71
+0.19 (+2.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.23%
1 Week-0.34%
2 Weeks-4.5%
1 Month2.11%
3 Month14.01%
6 Month-5.43%
12 Month25.87%
2 Year121.63%
3 Year183.71%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%2.55%
ATR Inc49.49%
Range Today0.14
ADR(20)0.17
ADR(20)%1.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.16
Mansfield1.15
10 Day High9.28
10 Day Low8.5
20 Day High9.35
20 Day Low8.5
52 Week High9.79
52 Week Low5.24
CS1 End8.51
CR1 Start9.37
Volume & EV
DER(3)-1.42%
DER(5)-1.18%
Volume27.63K
Volume Incr-14.85%
Vol(5)53.71K
Vol(50)68.28K