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 6 out of 10 to ETHY-B. In the past year, ETHY-B was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
Warning: ETHY-B has an average volume of 10534 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
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 ETHY-B has a been trading in the 2.91 - 3.86 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that ETHY-B is one of the better performing stocks in the market, outperforming 75% of all stocks. However, this relatively good performance is mostly due to a recent big 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.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ETHY-B has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
3.21
6.21
We found 1 important support area.
- A support zone ranging from 3.24 to 3.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- 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 | NEUTRAL | NEUTRAL | The long term trend for ETHY-B.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ETHY-B.CA is up. |
| ChartMill Relative Strength | 75.97 | POSITIVE | ETHY-B.CA has a high relative strength, it outperformed 75.97% 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) | DOWN | NEGATIVE | The current price of ETHY-B.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 68.25 | NEUTRAL | The RSI value for ETHY-B.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests ETHY-B.CA has a positive trend. |
| Stochastics (14,3) | 96.42 | OVERBOUGHT | The high Stochastics value suggests ETHY-B.CA may be overbought. |
| Average True Range in percent/ATR (20) | 3.79 | MEDIUM VOLATILITY | The ATR as a percentage value for ETHY-B.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 16.25 | NEGATIVE | The low ADX value for ETHY-B.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:ETHY-B (7/11/2025, 7:00:00 PM)
3.84
+0.24 (+6.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg6.67%
1 Week20.38%
2 Weeks23.08%
1 Month10.03%
3 Month70.67%
6 Month-23.35%
12 Month-22.42%
2 Year10.55%
3 Year4.65%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%3.79%
ATR Inc27.96%
Range Today0.06
ADR(20)0.09
ADR(20)%2.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.97
Mansfield-1.09
10 Day High3.86
10 Day Low3.1
20 Day High3.86
20 Day Low2.91
52 Week High6.2
52 Week Low2.1
CS1 End3.29
CR1 Start6
Volume & EV
DER(3)2.39%
DER(5)1.23%
Volume10.49K
Volume Incr-31.36%
Vol(5)8.59K
Vol(50)10.53K