FIDELITY ADVANT BITCOIN ETF (FBTC-U.CA) Stock Technical Analysis
TSX:FBTC-U - Toronto Stock Exchange - CA31580V1040 - ETF - Currency: USD
Overall FBTC-U gets a technical rating of 10 out of 10. Both in the recent history as in the last year, FBTC-U has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: FBTC-U has an average volume of 4043 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that FBTC-U is one of the better performing stocks in the market, outperforming 90% of all stocks. On top of that, FBTC-U also shows a nice and consistent pattern of rising prices.
FBTC-U is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month FBTC-U has a been trading in the 32.97 - 36.40 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Volume is considerably higher in the last couple of days.
Although FBTC-U 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
25.90
36.67
4 important support areas can be observed.
- A support zone ranging from 33.27 to 33.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @31.14 from a trend line in the weekly time frame.
- Support @27.68 from a trend line in the daily time frame.
- A support zone ranging from 26.16 to 26.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @35.31 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 36.30 to 36.31. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for FBTC-U.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FBTC-U.CA is up. |
| ChartMill Relative Strength | 90.14 | POSITIVE | FBTC-U.CA has a high relative strength, it outperformed 90.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FBTC-U.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FBTC-U.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FBTC-U.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.63 | NEUTRAL | The RSI value for FBTC-U.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.25 | NEGATIVE | The MACD value suggests FBTC-U.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 44.32 | NEUTRAL | The Stochastics value for FBTC-U.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.17 | MEDIUM VOLATILITY | The ATR as a percentage value for FBTC-U.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 20.78 | NEUTRAL | The ADX value for FBTC-U.CA suggests a possible start of a new 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:FBTC-U (6/25/2025, 7:00:00 PM)
35.3
+1.33 (+3.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg3.92%
1 Week0.14%
2 Weeks1.79%
1 Month3.46%
3 Month27.53%
6 Month13%
12 Month73.29%
2 Year242.72%
3 Year446.44%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.76
ATR(20)%2.17%
ATR Inc141.41%
Range Today0
ADR(20)0.24
ADR(20)%0.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.14
Mansfield2.03
10 Day High36.21
10 Day Low32.97
20 Day High36.4
20 Day Low32.97
52 Week High36.4
52 Week Low17.86
CS1 End33.63
CR1 Start35.31
Volume & EV
DER(3)-5.64%
DER(5)-3.39%
Volume134
Volume Incr122.32%
Vol(5)6.58K
Vol(50)4.04K