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 10 out of 10. Both in the recent history as in the last year, BTCY has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, BTCY did better than 87% of all other stocks. On top of that, BTCY also shows a nice and consistent pattern of rising prices.
BTCY is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month BTCY has a been trading in the 8.35 - 9.70 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although BTCY has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
6.41
9.76
We found 4 important support areas.
- A support zone ranging from 8.51 to 9.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.31 from a trend line in the weekly time frame.
- Support @7.05 from a trend line in the daily time frame.
- Support @6.47 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 | UP | POSITIVE | The long term trend for BTCY.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BTCY.CA is up. |
| ChartMill Relative Strength | 87.58 | POSITIVE | BTCY.CA has a high relative strength, it outperformed 87.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BTCY.CA is above 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) | 70.78 | OVERBOUGHT | The high RSI value suggests BTCY.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests BTCY.CA has a positive trend. |
| Stochastics (14,3) | 95.5 | OVERBOUGHT | The high Stochastics value suggests BTCY.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.05 | MEDIUM VOLATILITY | The ATR as a percentage value for BTCY.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 12.45 | 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 (7/11/2025, 7:00:00 PM)
9.66
+0.33 (+3.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg3.54%
1 Week8.3%
2 Weeks8.91%
1 Month8.17%
3 Month31.79%
6 Month13.25%
12 Month67.42%
2 Year156.23%
3 Year150.26%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%2.05%
ATR Inc85.02%
Range Today0.13
ADR(20)0.15
ADR(20)%1.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.58
Mansfield1.58
10 Day High9.7
10 Day Low8.8
20 Day High9.7
20 Day Low8.35
52 Week High9.79
52 Week Low5.24
CS1 End9.15
CR1 StartN/A
Volume & EV
DER(3)0.66%
DER(5)-1.3%
Volume153.84K
Volume Incr44.72%
Vol(5)79.47K
Vol(50)60.93K