BITCOIN FUND/THE (QBTC.CA) Stock Technical Analysis
TSX:QBTC - Toronto Stock Exchange - CA09175G1046 - Currency: CAD
We assign a technical rating of 5 out of 10 to QBTC. Although QBTC is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Warning: QBTC has an average volume of 9417 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 88% 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 long and short term trends are both neutral. This gives a pretty neutral overall picture!
In the last month QBTC has a been trading in the 126.97 - 143.79 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, QBTC does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 134.79, a Stop Loss order could be placed below this zone.
More info and screens
100.61
152.31
When analyzing the support we can see 4 important areas.
- A support zone ranging from 130.87 to 134.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @119.69 from a trend line in the daily time frame.
- Support @115.40 from a horizontal line in the weekly time frame.
- Support @101.63 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 149.12 to 150.80. 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 | NEUTRAL | NEUTRAL | The long term trend for QBTC.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for QBTC.CA is neutral. |
| ChartMill Relative Strength | 88 | POSITIVE | QBTC.CA has a high relative strength, it outperformed 88% 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) | UP | MIXED | The current price of QBTC.CA is below the rising 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) | 47.1 | NEUTRAL | The RSI value for QBTC.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.39 | NEGATIVE | The MACD value suggests QBTC.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 53.79 | NEUTRAL | The Stochastics value for QBTC.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.59 | MEDIUM VOLATILITY | The ATR as a percentage value for QBTC.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 15.69 | 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 (6/27/2025, 7:00:00 PM)
135.16
-0.65 (-0.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.48%
1 Week1.31%
2 Weeks-0.3%
1 Month-2.33%
3 Month14.04%
6 Month0.72%
12 Month71.09%
2 Year237.98%
3 Year451%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.47
ATR(20)%2.59%
ATR Inc-47.82%
Range Today1.82
ADR(20)2.58
ADR(20)%1.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88
Mansfield0.98
10 Day High139.37
10 Day Low126.97
20 Day High143.79
20 Day Low126.97
52 Week High154.57
52 Week Low71.81
CS1 End134.79
CR1 Start149.12
Volume & EV
DER(3)0%
DER(5)0%
Volume7.99K
Volume Incr31.44%
Vol(5)7.21K
Vol(50)9.42K