Logo image of BTCY.CA

PURPOSE BITCOIN YIELD ETF (BTCY.CA) Stock Technical Analysis

TSX:BTCY - Toronto Stock Exchange - CA74642T1057 - ETF - Currency: CAD

8.01  -0.08 (-0.99%)

Technical Rating and Analysis

4

Overall BTCY gets a technical rating of 4 out of 10. BTCY has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.

The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month BTCY has a been trading in the 6.59 - 8.22 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, BTCY did better than 75% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
BTCY is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
PURPOSE BITCOIN YIELD ETF / BTCY Weekly stock chart
PURPOSE BITCOIN YIELD ETF / BTCY Daily stock chart
Setup Rating and Analysis

5

BTCY has an average technical rating and the quality of the presented setup is also not ideal 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.

Support and Resistance Analysis

5.73

8.29

5 important support areas can be observed.

  • Support @8.00 from a horizontal line in the daily time frame.
  • Support @7.26 from a horizontal line in the weekly time frame.
  • Support @6.79 from a trend line in the daily time frame.
  • A support zone ranging from 6.47 to 6.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @5.79 from a trend line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 8.14 to 8.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.23
Mansfield1.35
10 Day High8.22
10 Day Low7.25
20 Day High8.22
20 Day Low6.59
52 Week High9.79
52 Week Low5.24
Performance
1 Week0.13%
2 Weeks9.73%
1 Month8.54%
3 Month-11.1%
6 Month20.09%
12 Month28.99%
2 Year106.44%
3 Year22.29%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.1
RSI(14)58.11
LBB6.9
UBB8.46
PURPOSE BITCOIN YIELD ETF / BTCY Daily stock chart

PURPOSE BITCOIN YIELD ETF

TSX:BTCY (4/30/2025, 7:00:00 PM)

8.01

-0.08 (-0.99%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.99%
1 Week0.13%
2 Weeks9.73%
1 Month8.54%
3 Month-11.1%
6 Month20.09%
12 Month28.99%
2 Year106.44%
3 Year22.29%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%3.78%
ATR Inc-52.75%
Range Today0.1
ADR(20)0.25
ADR(20)%3.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.23
Mansfield1.35
10 Day High8.22
10 Day Low7.25
20 Day High8.22
20 Day Low6.59
52 Week High9.79
52 Week Low5.24
CS1 End8
CR1 Start8.14
Volume & EV
DER(3)-3.07%
DER(5)-1%
Volume43.13K
Volume Incr-44.75%
Vol(5)45.23K
Vol(50)75.43K