FIDELITY ADVANT BITCOIN ETF (FBTC.CA) Stock Technical Analysis
TSX:FBTC - Toronto Stock Exchange - CA31580V1040 - ETF - Currency: CAD
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.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, FBTC did better than 87% of all other 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.
FBTC has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 51.06, a Stop Loss order could be placed below this zone.
More info and screens
40.98
54.76
4 important support areas can be observed.
- A support zone ranging from 50.80 to 51.06. 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 46.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @41.39 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 53.55 to 54.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
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.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FBTC.CA is up. |
| ChartMill Relative Strength | 87.8 | POSITIVE | FBTC.CA has a high relative strength, it outperformed 87.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FBTC.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FBTC.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FBTC.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.14 | NEUTRAL | The RSI value for FBTC.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests FBTC.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.13 | NEUTRAL | The Stochastics value for FBTC.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.18 | MEDIUM VOLATILITY | The ATR as a percentage value for FBTC.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 20.8 | NEUTRAL | The ADX value for FBTC.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)
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 54.23 | 48.99 | 5.24 (9.66%) | 10.35% |
| An entry @54.23. This is a Buy Stop order right above the resistance zone. | An exit @48.99. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 5.24 points, which is 9.66%. | When investing 10.35% 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.
TSX:FBTC (7/22/2025, 7:00:00 PM)
53.54
+0.82 (+1.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.56%
1 Week1.54%
2 Weeks9.11%
1 Month14.4%
3 Month22.55%
6 Month7.4%
12 Month80.45%
2 Year316.98%
3 Year414.31%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.28
ATR(20)%2.18%
ATR Inc5.74%
Range Today1
ADR(20)0.87
ADR(20)%1.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.8
Mansfield2.15
10 Day High55.16
10 Day Low49
20 Day High55.16
20 Day Low47.5
52 Week High55.16
52 Week Low23.92
CS1 End51.06
CR1 Start53.55
Volume & EV
DER(3)-2.32%
DER(5)-0.08%
Volume99.11K
Volume Incr35.6%
Vol(5)91.17K
Vol(50)70.49K