PURPOSE ETHER YIELD ETF (ETHY.CA) Stock Technical Analysis
TSX:ETHY - Toronto Stock Exchange - CA74642R1091 - ETF - Currency: CAD
We assign a technical rating of 9 out of 10 to ETHY. Both in the recent history as in the last year, ETHY has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
In the last month ETHY has a been trading in the 2.52 - 3.74 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, ETHY did better than 80% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
ETHY is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ETHY is lagging the market slightly.
Volume is considerably higher in the last couple of days.
Although ETHY has an excellent technical rating, it does not present a decent entry opportunity 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
2.67
4.40
When analyzing the support we notice one important area.
- A support zone ranging from 2.70 to 2.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 3.56 to 3.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.36 from a trend 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.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ETHY.CA is up. |
| ChartMill Relative Strength | 80.86 | POSITIVE | ETHY.CA has a high relative strength, it outperformed 80.86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ETHY.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ETHY.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ETHY.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.76 | NEUTRAL | The RSI value for ETHY.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ETHY.CA has a negative trend. |
| Stochastics (14,3) | 72.28 | NEUTRAL | The Stochastics value for ETHY.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.27 | MEDIUM VOLATILITY | The ATR as a percentage value for ETHY.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 38.52 | POSITIVE | The high ADX value value for ETHY.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 (8/1/2025, 7:00:00 PM)
3.37
-0.2 (-5.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-5.6%
1 Week-5.07%
2 Weeks-2.6%
1 Month34.8%
3 Month71.07%
6 Month-10.61%
12 Month-11.55%
2 Year27.17%
3 Year12.33%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%4.27%
ATR Inc1.59%
Range Today0.16
ADR(20)0.11
ADR(20)%3.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.86
Mansfield0.34
10 Day High3.74
10 Day Low3.34
20 Day High3.74
20 Day Low2.52
52 Week High4.74
52 Week Low1.62
CS1 End2.72
CR1 Start3.56
Volume & EV
DER(3)-2.91%
DER(5)-3.85%
Volume272.13K
Volume Incr25.84%
Vol(5)186.41K
Vol(50)114.32K