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FIDELITY ADVANT BITCOIN ETF (FBTC.CA) Stock Technical Analysis

TSX:FBTC - Toronto Stock Exchange - CA31580V1040 - ETF - Currency: CAD

52.77  -0.82 (-1.53%)

Technical Rating and Analysis

10

Overall FBTC gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FBTC is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that FBTC is one of the better performing stocks in the market, outperforming 87% of all stocks.
FBTC 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.
FBTC is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Weekly and Daily overview Charts
FIDELITY ADVANT BITCOIN ETF / FBTC Weekly stock chart
FIDELITY ADVANT BITCOIN ETF / FBTC Daily stock chart
Setup Rating and Analysis

6

Besides having an excellent technical rating, FBTC also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 51.52, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

39.47

54.76

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 51.06 to 51.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @46.86 from a horizontal line in the weekly time frame.
  • A support zone ranging from 45.44 to 45.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @39.87 from a trend line in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 53.34 to 54.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for FBTC.CA is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for FBTC.CA is up.
ChartMill Relative Strength87.3POSITIVEFBTC.CA has a high relative strength, it outperformed 87.3% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of FBTC.CA is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of FBTC.CA is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of FBTC.CA is above the rising SMA(200).
Relative Strength Index/RSI (14)58.35NEUTRALThe RSI value for FBTC.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.01NEGATIVEThe MACD value suggests FBTC.CA has a negative trend.
Stochastics (14,3)69.92NEUTRALThe Stochastics value for FBTC.CA is a neutral value.
Average True Range in percent/ATR (20)2.21MEDIUM VOLATILITYThe ATR as a percentage value for FBTC.CA suggests some volalility.
Average Directional Index/ADX (14)20.63NEUTRALThe ADX value for FBTC.CA suggests a possible start of a new trend.
Chart- and CandleStick Pattern Analysis
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)
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
54.2351.932.30 (4.24%)23.58%
An entry @54.23. This is a Buy Stop order right above the resistance zone.An exit @51.93. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 2.30 points, which is 4.24%.When investing 23.58% of your capital in this trade, your total portfolio risk will be 1.00%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
FIDELITY ADVANT BITCOIN ETF / FBTC Daily stock chart

FIDELITY ADVANT BITCOIN ETF

TSX:FBTC (7/25/2025, 7:00:00 PM)

52.77

-0.82 (-1.53%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.53%
1 Week-0.71%
2 Weeks-1.05%
1 Month8.98%
3 Month20.78%
6 Month5.86%
12 Month77.86%
2 Year310.98%
3 Year406.92%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.34
ATR(20)%2.21%
ATR Inc-6.54%
Range Today1
ADR(20)0.91
ADR(20)%1.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.3
Mansfield1.83
10 Day High55.16
10 Day Low51.94
20 Day High55.16
20 Day Low47.79
52 Week High55.16
52 Week Low23.92
CS1 End51.52
CR1 Start53.34
Volume & EV
DER(3)1.72%
DER(5)-1.21%
Volume62.43K
Volume Incr-8.48%
Vol(5)67.85K
Vol(50)67.55K