BITCOIN FUND/THE (QBTC-U.CA) Stock Technical Analysis
TSX:QBTC-U - Toronto Stock Exchange - CA09175G1046 - Currency: USD
Taking everything into account, QBTC-U scores 8 out of 10 in our technical rating. In the last year, QBTC-U was one of the better performers, but we do observe some doubts in the very recent evolution.
Warning: QBTC-U has an average volume of 1887 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, QBTC-U did better than 86% of all other stocks.
QBTC-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 QBTC-U has a been trading in the 100.02 - 112.71 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although QBTC-U has an excellent technical rating, it does not offer a high quality setup 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
82.49
113.14
When analyzing the support we can see 5 important areas.
- A support zone ranging from 102.87 to 105.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @99.43 from a trend line in the weekly time frame.
- Support @97.06 from a horizontal line in the weekly time frame.
- Support @94.98 from a horizontal line in the daily time frame.
- Support @83.32 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 108.63 to 112.02. This zone is formed by a combination of multiple trend lines and important moving averages 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 QBTC-U.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for QBTC-U.CA is neutral. |
| ChartMill Relative Strength | 86.38 | POSITIVE | QBTC-U.CA has a high relative strength, it outperformed 86.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of QBTC-U.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of QBTC-U.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of QBTC-U.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.45 | NEUTRAL | The RSI value for QBTC-U.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.55 | NEGATIVE | The MACD value suggests QBTC-U.CA has a negative trend. |
| Stochastics (14,3) | 24.22 | NEUTRAL | The Stochastics value for QBTC-U.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.93 | LOW VOLATILITY | The low ATR as a percentage value for QBTC-U.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 23.68 | NEUTRAL | The ADX value for QBTC-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:QBTC-U (8/1/2025, 7:00:00 PM)
106.59
-3.1 (-2.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.83%
1 Week-3.78%
2 Weeks-3.49%
1 Month6.08%
3 Month10.47%
6 Month5.11%
12 Month78.3%
2 Year307.92%
3 Year431.36%
5 Year575.05%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.98
ATR(20)%1.93%
ATR Inc19.4%
Range Today2.93
ADR(20)1.52
ADR(20)%1.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.38
Mansfield1.5
10 Day High112.71
10 Day Low106.21
20 Day High112.71
20 Day Low100.02
52 Week High112.71
52 Week Low52.79
CS1 End105.38
CR1 Start108.63
Volume & EV
DER(3)-4.16%
DER(5)-2.49%
Volume2.74K
Volume Incr-55.21%
Vol(5)1.06K
Vol(50)1.89K