PURPOSE BITCOIN YIELD ETF (BTCY.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:BTCY - CA74642T1057 - ETF
We assign a technical rating of 1 out of 10 to BTCY. BTCY'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.
- 93% of all other stocks performed better in the past year than BTCY.
- BTCY is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month BTCY has a been trading in the 6.73 - 7.50 range, which is quite wide. It is currently trading near the lows of this range.
- Considerably lower volume is observed in the last couple of days.
The technical rating of BTCY is bad and it also does not present a 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
6.53
2 important support areas can be observed.
- Support @6.92 from a trend line in the weekly time frame.
- A support zone ranging from 6.60 to 6.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 7.05 to 7.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @9.70 from a horizontal line in the weekly time frame.
- Resistance @9.87 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.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BTCY.CA is down. |
| ChartMill Relative Strength | 7.2 | NEGATIVE | BTCY.CA has a low relative strength, it was outperformed by 92.8% 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) | DOWN | NEGATIVE | The current price of BTCY.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of BTCY.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.9 | NEUTRAL | The RSI value for BTCY.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests BTCY.CA has a negative trend. |
| Stochastics (14,3) | 28.51 | NEUTRAL | The Stochastics value for BTCY.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.79 | MEDIUM VOLATILITY | The ATR as a percentage value for BTCY.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 14.91 | NEGATIVE | The low ADX value for BTCY.CA suggests a weak or negative trend. |
TSX:BTCY (1/23/2026, 7:00:00 PM)
6.94
+0.01 (+0.14%)
PURPOSE BITCOIN YIELD ETF / BTCY.CA FAQ
What is the technical rating for BTCY stock?
ChartMill assigns a technical rating of 1 / 10 to BTCY.CA.
Can you provide the trend direction for PURPOSE BITCOIN YIELD ETF?
The current trend direction for PURPOSE BITCOIN YIELD ETF (BTCY.CA) is Bearish.
Can you provide the RSI signal for PURPOSE BITCOIN YIELD ETF?
PURPOSE BITCOIN YIELD ETF (BTCY.CA) has an RSI value of 44.9046. This indicates that the stock is currently neutral.
Can you provide the MACD signal for PURPOSE BITCOIN YIELD ETF?
The MACD indicator for PURPOSE BITCOIN YIELD ETF (BTCY.CA) has a value of -0.00714785, indicating a bearish trend.
Can you provide the support and resistance levels for PURPOSE BITCOIN YIELD ETF?
PURPOSE BITCOIN YIELD ETF (BTCY.CA) has a support level at 6.92 and a resistance level at 7.05. Check the full technical report for our detailed analysis of BTCY.CA support and resistance levels.