PURPOSE BITCOIN YIELD ETF (BTCY.CA) Stock Technical Analysis
TSX:BTCY • CA74642T1057
We assign a technical rating of 0 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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, BTCY is a bad performer in the overall market: 96% of all stocks are doing better.
- BTCY is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so BTCY is lagging the market.
- In the last month BTCY has a been trading in the 4.41 - 5.97 range, which is quite wide. It is currently trading near the lows of this range.
BTCY has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 4.92. Right above this resistance zone may be a good entry point.
More info and screens
4.42
When analyzing the support we notice one important area.
- Support @4.46 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 4.92 to 4.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 6.29 to 6.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.34 from a horizontal line in the daily 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 | 4.97 | NEGATIVE | BTCY.CA has a low relative strength, it was outperformed by 95.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BTCY.CA is below a declining 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) | DOWN | NEGATIVE | The current price of BTCY.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.67 | NEUTRAL | The RSI value for BTCY.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests BTCY.CA has a positive trend. |
| Stochastics (14,3) | 46.42 | NEUTRAL | The Stochastics value for BTCY.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.04 | HIGH VOLATILITY | The high ATR as a percentage value for BTCY.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 49.42 | POSITIVE | The high ADX value value for BTCY.CA suggests a strong trend. |
TSX:BTCY (3/2/2026, 7:00:00 PM)
4.91
+0.3 (+6.51%)
PURPOSE BITCOIN YIELD ETF / BTCY.CA FAQ
What is the technical rating for BTCY stock?
ChartMill assigns a technical rating of 0 / 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 41.6716. 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 0.0629206, 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 4.46 and a resistance level at 4.92. Check the full technical report for our detailed analysis of BTCY.CA support and resistance levels.