BITCOIN FUND/THE (QBTC.CA) Stock Technical Analysis
TSX:QBTC - CA09175G1046
143.81 CAD
-5.31 (-3.56%)
Taking everything into account, QBTC scores 8 out of 10 in our technical rating. In the last year, QBTC was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month QBTC has a been trading in the 143.13 - 156.75 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Warning: QBTC has an average volume of 8414 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, QBTC did better than 83% of all other 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.
Although QBTC has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
95.36
158.26
We found 3 important support areas.
- A support zone ranging from 143.52 to 143.80. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @130.91 from a horizontal line in the daily time frame.
- Support @96.32 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 154.66 to 156.69. 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 QBTC.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for QBTC.CA is neutral. |
| ChartMill Relative Strength | 83.85 | POSITIVE | QBTC.CA has a high relative strength, it outperformed 83.85% 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) | 39.61 | NEUTRAL | The RSI value for QBTC.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.16 | NEGATIVE | The MACD value suggests QBTC.CA has a negative trend. |
| Stochastics (14,3) | 17.2 | OVERSOLD | The low Stochastics value suggests QBTC.CA may be oversold. |
| Average True Range in percent/ATR (20) | 2.32 | MEDIUM VOLATILITY | The ATR as a percentage value for QBTC.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 14.92 | 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 (8/29/2025, 7:00:00 PM)
143.81
-5.31 (-3.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-3.56%
1 Week-7.01%
2 Weeks-6.42%
1 Month-5.08%
3 Month3.92%
6 Month18.93%
12 Month84.58%
2 Year309.36%
3 Year449.94%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.37
ATR(20)%2.32%
ATR Inc29.97%
Range Today3.94
ADR(20)2.72
ADR(20)%1.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.85
Mansfield0.36
10 Day High155.88
10 Day Low143.13
20 Day High156.75
20 Day Low143.13
52 Week High156.75
52 Week Low71.81
CS1 End143.8
CR1 Start154.66
Volume & EV
DER(3)4.72%
DER(5)3.84%
Volume13.92K
Volume Incr-1.92%
Vol(5)9.20K
Vol(50)8.41K