PURPOSE ETHER YIELD ETF (ETHY-B.CA) Stock Technical Analysis
TSX:ETHY-B - Toronto Stock Exchange - CA74642R2081 - ETF - Currency: CAD
We assign a technical rating of 9 out of 10 to ETHY-B. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ETHY-B is showing a nice and steady performance.
Warning: ETHY-B has an average volume of 17717 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month ETHY-B has a been trading in the 3.15 - 4.85 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, ETHY-B did better than 84% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
ETHY-B is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ETHY-B is lagging the market.
Volume is considerably higher in the last couple of days.
ETHY-B has an excellent technical rating, but the quality of the setup is only medium 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
3.41
6.21
2 important support areas can be observed.
- Support @3.50 from a trend line in the weekly time frame.
- Support @3.44 from a trend line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 4.71 to 4.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @6.00 from a horizontal line in the weekly time frame.
- Resistance @6.15 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 | UP | POSITIVE | The long term trend for ETHY-B.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ETHY-B.CA is up. |
| ChartMill Relative Strength | 84.11 | POSITIVE | ETHY-B.CA has a high relative strength, it outperformed 84.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ETHY-B.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ETHY-B.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ETHY-B.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.87 | OVERBOUGHT | The high RSI value suggests ETHY-B.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests ETHY-B.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.03 | OVERBOUGHT | The high Stochastics value suggests ETHY-B.CA may be overbought. |
| Average True Range in percent/ATR (20) | 3.59 | MEDIUM VOLATILITY | The ATR as a percentage value for ETHY-B.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 37.19 | POSITIVE | The high ADX value value for ETHY-B.CA suggests a strong 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:ETHY-B (7/29/2025, 7:00:00 PM)
4.7
-0.05 (-1.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.05%
1 Week2.84%
2 Weeks20.82%
1 Month47.8%
3 Month83.59%
6 Month-7.66%
12 Month-2.49%
2 Year35.31%
3 Year28.09%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%3.59%
ATR Inc4.31%
Range Today0.12
ADR(20)0.11
ADR(20)%2.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.11
Mansfield0.89
10 Day High4.85
10 Day Low4
20 Day High4.85
20 Day Low3.15
52 Week High6.2
52 Week Low2.1
CS1 End3.5
CR1 Start4.71
Volume & EV
DER(3)-7.21%
DER(5)-1.03%
Volume13.27K
Volume Incr66.59%
Vol(5)30.85K
Vol(50)17.72K