PURPOSE ETHER ETF (ETHH.CA) Stock Technical Analysis
TSX:ETHH - Toronto Stock Exchange - CA74642N1087 - ETF - Currency: CAD
We assign a technical rating of 4 out of 10 to ETHH. ETHH has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the performance of all stocks over the past year, ETHH turns out to be only a medium performer in the overall market: it outperformed 46% of all stocks.
ETHH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ETHH is lagging the market.
In the last month ETHH has a been trading in the 8.50 - 11.16 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ETHH 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.
More info and screens
8.87
16.23
3 important support areas can be observed.
- A support zone ranging from 9.55 to 9.57. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 9.27 to 9.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.96 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- Resistance @10.08 from a horizontal line in the weekly time frame.
- Resistance @10.25 from a trend line in the daily time frame.
- A resistance zone ranging from 10.78 to 10.92. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @16.07 from a horizontal line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for ETHH.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ETHH.CA is neutral. |
| ChartMill Relative Strength | 46.8 | NEUTRAL | ETHH.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ETHH.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ETHH.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ETHH.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.84 | NEUTRAL | The RSI value for ETHH.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests ETHH.CA has a negative trend. |
| Stochastics (14,3) | 71.13 | NEUTRAL | The Stochastics value for ETHH.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.82 | MEDIUM VOLATILITY | The ATR as a percentage value for ETHH.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 14.38 | NEGATIVE | The low ADX value for ETHH.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:ETHH (7/4/2025, 7:00:00 PM)
9.64
-0.39 (-3.89%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-3.89%
1 Week2.34%
2 Weeks-0.77%
1 Month-1.83%
3 Month36.35%
6 Month-32.49%
12 Month-19.73%
2 Year24.23%
3 Year31.87%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.45
ATR(20)%4.82%
ATR Inc-27.14%
Range Today0.24
ADR(20)0.32
ADR(20)%3.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.8
Mansfield-1.59
10 Day High10.21
10 Day Low8.5
20 Day High11.16
20 Day Low8.5
52 Week High16.37
52 Week Low5.67
CS1 End9.57
CR1 Start10.08
Volume & EV
DER(3)3.83%
DER(5)4.93%
Volume113.23K
Volume Incr-15.77%
Vol(5)116.86K
Vol(50)126.09K