BITCOIN FUND/THE (QBTC.CA) Stock Technical Analysis
Canada - TSX:QBTC - CA09175G1046
145.82 CAD
+0.26 (+0.18%)
We assign a technical rating of 4 out of 10 to QBTC. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month QBTC has a been trading in the 143.13 - 155.00 range, which is quite wide. It is currently trading near the lows of this range.
Warning: QBTC has an average volume of 7578 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When comparing the yearly performance of all stocks, we notice that QBTC is one of the better performing stocks in the market, outperforming 77% of all stocks.
QBTC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so QBTC is lagging the market slightly.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
QBTC has an average technical rating and it also 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
97.26
158.26
We found 3 important support areas.
- Support @143.80 from a horizontal line in the weekly time frame.
- Support @130.91 from a horizontal line in the daily time frame.
- Support @98.24 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 146.92 to 156.69. 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.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for QBTC.CA is down. |
| ChartMill Relative Strength | 77.79 | POSITIVE | QBTC.CA has a high relative strength, it outperformed 77.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of QBTC.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of QBTC.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of QBTC.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.05 | NEUTRAL | The RSI value for QBTC.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.64 | NEGATIVE | The MACD value suggests QBTC.CA has a negative trend. |
| Stochastics (14,3) | 14.62 | OVERSOLD | The low Stochastics value suggests QBTC.CA may be oversold. |
| Average True Range in percent/ATR (20) | 2.09 | MEDIUM VOLATILITY | The ATR as a percentage value for QBTC.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 12.64 | NEGATIVE | The low ADX value for QBTC.CA suggests a weak or negative 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 (9/26/2025, 7:00:00 PM)
145.82
+0.26 (+0.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.18%
1 Week-3.94%
2 Weeks-5.43%
1 Month-2.21%
3 Month7.89%
6 Month23.03%
12 Month67.98%
2 Year304.83%
3 Year445.12%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.48
ATR(20)%2.09%
ATR Inc15.38%
Range Today1.37
ADR(20)2.26
ADR(20)%1.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.79
Mansfield-0.07
10 Day High154
10 Day Low145.32
20 Day High155
20 Day Low143.13
52 Week High156.75
52 Week Low79
CS1 End143.8
CR1 Start146.92
Volume & EV
DER(3)5.91%
DER(5)6.52%
Volume2.75K
Volume Incr13.59%
Vol(5)6.76K
Vol(50)7.58K